Once you have received notification of approval, you must provide your reservation fee to hold the property. The property will not be held for you until this fee is received. The reservation fee is equal to one month's rent and needs to be paid in the form of cashier's check, certified check or money order. When we receive the reservation fee, we will remove the property from the market. Once the reservation fee is paid it becomes non-refundable. Should you decide to pay your reservation fee at the time of submitting an application; your reservation fee will be non-refundable upon approval of the application. If your application is denied, your reservation fee will be returned. The reservation fee will be credited to your rent and is NOT a security deposit.
SECURITY DEPOSIT AND NON-REFUNDABLE ADMINISTRATION FEE
At the time of move-in you will be required to pay your security deposit, which is generally equal to one month's rent, less the administration fee. Management may require a higher security deposit for applicants with poor credit. The administration fee is $200 and is Non-Refundable. Both Fees will be collected at the time of move-in and are required to be in the form of a cashier's check, certified check or money order(s).
ACKNOWLEDGEMENT, DISCLOSURE & AGREEMENT
Applicant agrees that he/she has received and has read RMS Team at RE/MAX Center's Application Process & Rental Procedures document prior to submitting an application. Applicant agrees to all of the terms printed on Application Process & Rental Procedures document and on this application. Applicant also understands that this property is being leased "As-Is" in its present condition. Any stipulations, changes or modifications, which I require of the property or the lease terms, are typed in the additional stipulations/request section of this application. Applicant has submitted with this application a non-refundable application fee in the amount of $50.00 per Applicant for a credit check and processing charge. This sum does not represent rental payment or payment of the lease. If application is
not approved, the application fee will NOT be refunded and will be retained by Management to pay for the cost of processing the application. I hereby certify that the information I have given to complete my application for tenancy is correct and complete. I further understand that any false or incomplete information is grounds for immediate rejection of this application. RMS Team at RE/MAX Center's is the Agent and representative for the owner and will be paid a fee by the owner. Applicant understands that all applications and offers received must be presented to the owner. Any information provided on the application and/or obtained through the verification process may be disclosed to the owner of the property. RMS Team at RE/MAX Center is acting as an agent for the Owner/Landlord and has not acted as agent for the Applicant. RMS Team at RE/MAX Center is hereby expressly authorized to verify the accuracy of information (including credit reports), which the Owner/Landlord may require to evaluate this application. I specifically authorize and request all present or previous employers, mortgage holders, landlords, rental agents, credit grantors, banks, accountants, stock brokers, and local, State and Federal Government Agencies to release any requested information in the evaluation of my application for rental housing.