Reservation and deposit review

Create a reservation only under the approved company process. Record the linked buyer context, lot, assignee, expected deposit amount, deposit due date, expiry date, and notes. Active reservation states protect against duplicate active holds for the same lot.

Reservation statuses include draft, reserved, deposit_pending, deposit_submitted, deposit_confirmed, converted, expired, cancelled, and released. Deposit statuses include pending, proof submitted, confirmed, overdue, waived, and cancelled.

Keep the two records separate

Reservation/deposit readiness does not create a payment, alter a balance, generate a receipt, or automatically update a lot’s core status. Review and record actual payments in the payment ledger.

Media: Workflow diagram, annotated screenshot, fictional scenario, checklist.