Damage Deposit Form Template for Indonesia

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Key Requirements PROMPT example:

Damage Deposit Form

"I need a Damage Deposit Form for a luxury apartment complex in Jakarta, Indonesia, that will be effective from March 2025, including specific provisions for common area damages and smart home technology installations."

Document background

The Damage Deposit Form is a crucial document in Indonesian rental transactions, designed to protect the interests of both property owners and tenants. This document is typically used at the commencement of a lease agreement when a security deposit is provided by the tenant. It complies with Indonesian Civil Code (Kitab Undang-undang Hukum Perdata) requirements and relevant property regulations, including Government Regulation No. 44 of 1994. The form details the deposit amount, payment confirmation, conditions for return, and circumstances under which deductions may be made. It includes comprehensive property condition documentation to prevent future disputes and ensures transparent handling of deposit funds in accordance with Indonesian banking and financial regulations.

Suggested Sections

1. Parties: Identification of the landlord/property owner and tenant, including full legal names, identification numbers (KTP/passport), and contact information

2. Background: Brief context about the rental agreement this deposit relates to, including property address and rental term

3. Definitions: Key terms used in the document, including 'Damage', 'Normal Wear and Tear', 'Security Deposit', and 'Property'

4. Deposit Amount: Specification of the security deposit amount in Indonesian Rupiah, both in numbers and words

5. Payment Details: Method of payment, date received, and receipt confirmation

6. Purpose of Deposit: Clear statement of what the deposit can be used for (damages, unpaid rent, etc.)

7. Conditions for Return: Specific conditions that must be met for the deposit to be returned

8. Return Timeline: Timeframe within which the deposit must be returned after lease termination

9. Signatures: Space for both parties to sign and date the document

Optional Sections

1. Interest on Deposit: Terms regarding any interest earned on the deposit, if applicable under local regulations

2. Additional Deposit Terms: Any special conditions or agreements specific to the property or circumstances

3. Dispute Resolution: Process for resolving disagreements about deposit deductions

4. Bank Account Details: Tenant's bank account information for deposit return, if return will be made by transfer

5. Property Manager Authorization: Required when a property manager is authorized to handle the deposit on behalf of the owner

Suggested Schedules

1. Schedule A - Property Condition Report: Detailed documentation of the property's condition at the start of tenancy

2. Schedule B - Photographic Evidence: Dated photographs of the property's condition at the start of tenancy

3. Schedule C - Deposit Payment Receipt: Copy of the official receipt for the deposit payment

4. Appendix 1 - Damage Assessment Guidelines: Guidelines for determining what constitutes damage versus normal wear and tear

5. Appendix 2 - Local Authority Requirements: Any specific requirements from local housing authorities regarding deposits

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

Student Housing

Hospitality

Retail

Office Space

Industrial Property

Mixed-Use Development

Relevant Teams

Legal

Property Management

Leasing

Operations

Administrative Support

Asset Management

Tenant Relations

Contract Administration

Facilities Management

Documentation

Relevant Roles

Property Manager

Real Estate Agent

Leasing Manager

Property Administrator

Facilities Manager

Legal Counsel

Housing Coordinator

Rental Operations Manager

Asset Manager

Building Superintendent

Tenant Relations Coordinator

Contract Administrator

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Let's create your Damage Deposit Form

Authors

Alex Denne

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