Terms And Conditions
I understand that there is a non-refundable holding deposit of $300 to reserve a unit. This deposit will be credited to my security deposit upon move-in. However, if I am approved for the unit but elect not to execute a lease for the held unit, I understand that my deposit will be forfeited and shall not be refunded. In the event that I am not approved for the unit, any holding deposit paid will be fully refunded and it may take up to 14 days to process any refund.
If applying as a Guarantor, I agree to guarantee the Lessee(s) compliance with the financial obligations of the lease agreement. I understand that I will be required to pay the property owner or management company on demand, all costs including, but not limited to, rent, damage assessments and any reasonable attorney fees incurred by the property owner or management company under the terms of the lease agreement if, and only if, the Lessee(s) themselves fail to pay.
I also understand that this guarantee will remain in force throughout the entire term of the tenancy, even if the tenancy is extended or changed in its terms.