Re: Holding Apartment Question - Landlord Forum thread

Re: Holding Apartment Question by OK-LL on November 7, 2009 @09:07

I HEREBY PAY THE SUM OF $_____.00 TO THE LANDLORD/AGENT AS A HOLDING FEE TO SECURE THE ABOVE PREMISES TO RENT, PENDING EXECUTION OF A LEASE OR RENTAL AGREEMENT. I UNDERSTAND THAT THIS HOLDING FEE IS NON-REFUNDABLE AND IS TENDERED IN EXCHANGE FOR RENT LOSS OR OTHER INDETERMINENT EXPENSES, THE LANDLORD/AGENT MAY INCUR AS A RESULT OF MY FAILURE TO FULFILL MY PROMISE TO RENT THE ABOVE NAMED PREMISES BY SIGNING A LEASE OR RENTAL AGREEMENT NO LATER THAN _________TO OCCUPY BY ________. THIS HOLDING FEE WILL CONVERT TO A PORTION OF THE 1ST MONTH’S RENT AT THE SIGNING OF A LEASE OR RENTAL AGREEMENT.

LANDLORD/AGENT AGREES THAT THE HOLDING FEE IS REFUNDABLE IF THE ABOVE APPLICANT IS NOT APPROVED, PROVIDING THAT THIS APPLICATION HAS BEEN FILLED OUT COMPLETELY AND TRUTHFULLY.

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Re: Holding Apartment Question by CA (HI) on November 8, 2009 @02:58	[ Reply ]
Thanks, OK-LL!