A practice note on the issues to consider when drafting and negotiating deposit clauses in sale contracts.

Note: This practice note is no longer maintained. On 1 May 2017, the Standard Commercial Property Conditions (Third Edition) (SCPC (Third Edition)) were introduced. We have produced a practice note that refers to the SCPC (Third Edition), see Practice note, Property contracts: deposits (SCPC (Third Edition) and SCS (Fifth Edition)).