What is a Hard Hold on a Property Unit?
TL;DR
- A hard hold is a deposit-backed reservation that contractually removes a unit from public sale.
- It's the default 'Reserved' status — buyer has paid the booking deposit, the unit is no longer available to other buyers, and the next step is contract signing.
- Compare to a 'soft hold', which is a temporary courtesy reservation without money or contract.
TW-A-1201
2BR · 88 m² · Pool view
Quick facts
- Money involved
- Booking deposit (typically 5–20% of price)
- Contract status
- Booking form signed; SPA may follow
- Released by
- Buyer cancellation, developer cancellation, or completion
- Cancellation cost
- Partial deposit forfeiture per contract
How is a hard hold created?
When the buyer pays the booking deposit, the unit transitions from 'Available' (or from a Pending/soft-hold status) to 'Reserved'. A booking form is signed; in some markets a Sale and Purchase Agreement (SPA) follows shortly after. The unit is no longer available to other buyers, and the developer's escrow holds the deposit.
What happens if the buyer cancels a hard hold?
Cancellation rules depend on the country and the contract. In UAE off-plan, DLD publishes a forfeiture scale — the percentage of deposit forfeited rises with construction completion at the time of cancellation. In other markets, cancellation terms are set by contract. The unit returns to inventory after cancellation processing.
Can a hard hold be transferred to another buyer?
Often yes — this is how 'flipping' off-plan works. A buyer with a contract can assign it to a new buyer, subject to developer consent and registration with the relevant regulator (e.g. DLD in Dubai). Some developers restrict assignment until a percentage of the price is paid.
How DomusHub handles hard holds and the booking-to-deal flow
When a deposit is confirmed in DomusHub, the unit transitions to Reserved. Finance verifies payment, then a Deal record is created in the Sales section. The buyer then signs the contract and pays the first tranche of the payment plan; once both happen, the deal is marked closed and the agent's commission unlocks.
- Reserved status is data-layer enforced — no second booking possible.
- Deal record links the booking to a payment plan and a contract status.
- Cancellation flow returns the unit to inventory and triggers refund processing.
- Agent commission becomes visible at deal-closed, not at booking.
Frequently asked questions
How much is a typical booking deposit?
Is a hard hold the same as a sale?
What's the difference between Reserved and Sold status?
Related terms
All glossary terms
See how DomusHub handles hard hold in production
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