Security Deposit Form Template for Belgium

The Security Deposit Form is a mandatory document in Belgian property rental transactions, required whenever a security deposit is collected from a tenant. This form ensures compliance with Belgian federal law, which mandates that security deposits must be placed in special blocked bank accounts and cannot exceed two months' rent. The document is essential for both residential and commercial leases across all three Belgian regions (Brussels-Capital, Flanders, and Wallonia), each having specific housing codes that must be considered. The form includes crucial details such as party information, property details, deposit amount, blocked account specifications, and return conditions. It serves as a legal record of the deposit arrangement and provides protection for both landlord and tenant interests under Belgian law.

1. Parties: Identification of the landlord and tenant with full legal names, addresses, and registration numbers if applicable

2. Background: Brief reference to the main rental agreement and legal basis for the security deposit

3. Definitions: Key terms used in the form including 'Property', 'Rental Agreement', 'Security Deposit', and 'Blocked Account'

4. Property Details: Full address and description of the rental property covered by the security deposit

5. Deposit Amount: Specification of the security deposit amount and confirmation that it complies with Belgian legal limits

6. Bank Account Details: Information about the blocked account where the deposit will be held, including bank details and account number

7. Terms of Deposit: Conditions for holding and releasing the deposit, including interest arrangements

8. Return Conditions: Specific conditions and process for the return of the deposit at the end of the tenancy

9. Declarations: Statements of understanding and agreement by all parties

10. Signatures: Execution section for all parties to sign and date