Re: HOLDING APARTMENT - Landlord Forum thread 358723

Re: HOLDING APARTMENT by LAMAC66 on November 5, 2018 @08:57

In my state we cant accept security deposit until lease is signed. However we can take a holding fee after you have qualified to rent the home.

I do not hold apartments more than 7 days and only if I have a holding fee, showing good faith that you indeed will move in within 7 days.

The holding fee assures that I have taken the rental off the market and you will move in. If you don't move in you have forfeited that holding fee because I have taken the rental off the market and missed opportunities to rent this unit.

If you qaulify and you chose not to move in after you qualify I continue to show the rental until it is rented.

Simple stuff.

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