Statement of Understanding
I have read, agree and affirm that all of my statements and information provided in this application are true and complete. I acknowledge that false, undisclosed, incomplete or misleading information herein may constitute grounds for rejection of this application, termination of right of occupancy of all residents and occupants under a lease and/or forfeiture of deposits and fees, and may constitute a criminal offense under the laws of this state.
I understand that this application is preliminary only and does not bind you to execute a Lease or to deliver possession of the premises to me. I authorize you to contact any references listed above and to obtain consumer reports, which may include credit, rental payment and/or eviction history and criminal background information about me and in order to verify the above information. I understand that as my prospective landlord, any co-applicants, occupants, or guarantors that may be added to this application may need to consent to and successfully pass consumer background screening reports.
By agreeing, I authorize you to obtain subsequent consumer reports, including credit reports, to ensure that I continue to satisfy the terms of my tenancy, for the collection and recovery of any financial obligations relating to my tenancy, or for any other permissible purpose. Further, if I have included information on co-applicants, other adult household members, and/or guarantors on this application, I affirm that those individuals have knowledge of their inclusion on this application and expressly authorize you to obtain subsequent consumer reports, including credit reports. I understand that you may report all positive and negative rental payment history to consumer reporting agencies who track this information for landlords, mortgage companies and other creditors. I and all occupants or guarantors hereby release from all liability or responsibility all persons and corporations requesting or supplying such information.
NON-REFUNDABLE APPLICATION DEPOSIT.
In addition to any application fee, you have delivered to our representative an application deposit. The application deposit is not a security deposit, but it will be credited toward the required security deposit when the Lease Contract has been signed by all parties; OR it will be retained by us as liquidated damages if you fail to sign or attempt to withdraw; OR if you fail to answer any question, or if you give false information.
APPROVAL WHEN LEASE CONTRACT ISN'T YET SIGNED.
If you and all co-applicants have not signed the Lease Contract when we approve your application, our representative will notify you (or one of you if there are co-applicants) of the approval, sign the Lease Contract when you and all co- applicants have signed, and then credit the application deposit of all applicants toward the required security deposit.
IF YOU FAIL TO SIGN LEASE AFTER APPROVAL.
Unless we authorize otherwise in writing, you and all co-applicants must sign the Lease Contract within three days of receiving the lease. If you or any co-applicant fails to sign as required, we may keep the application deposit as liquidated damages and terminate all further obligations under this agreement.
IF YOU WITHDRAW BEFORE APPROVAL.
You and any co- applicants may not withdraw your application or the application deposit. If, before signing the Lease Contract, you or any co-applicant withdraws an application or notifies us that you have changed your mind about renting the dwelling unit, we will be entitled to retain all application deposits as liquidated damages, and the parties will then have no further obligation to each other.
An application will not be considered completed and will not be processed until all of the following have been provided to us: a separate application has been fully filled out and signed by you and each co-applicant; an application fee has been paid to us; an application deposit has been paid to us.
NON-APPROVAL IN SEVEN DAYS.
We will notify you whether you have been approved within 7 days after the date we receive a completed application. Your application will be considered disapproved if we fail to notify you. You must not assume approval until you receive actual notice of approval.
NOTICE TO OR FROM CO-APPLICANTS.
Any notice we give you or your co-applicant is considered notice to all co- applicants; and any notice from you or your co- applicant is considered notice from all co-applicants.
KEYS OR ACCESS DEVICES.
We will furnish keys and access devices only after:
(1) all parties have signed the Lease Contract and other rental documents; and (
2) all applicable rents and security deposits have been paid in full.
I have read the rental criteria and understand requirements.