RESIDENTIAL LEASE APPLICATION (continued)
Section 5. Acknowledgement, Agreement and Authorization
Applicant(s) represents that all of the above statements are true and complete and authorizes verification of all of the above information by all means
available, including employment, personal references, credit records, public records, current and previous property owners and criminal records by
the Owner and/or Property Manager. Applicant(s) acknowledges that false information may constitute a breach of the lease entitling the Property
Owner, at the Property Owner’s option, to repossess the Property. Further, Applicant(s) expressly authorizes Owner and/or Property Manager
(including a collection agency) to obtain Applicant(s) consumer credit report, which Owner and/or Property Manager may use if attempting to collect
past due rent payments, late fees, or other charges from Applicant(s) both during the term of the lease and thereafter.
Applicant(s) also understands and agrees that this application will be retained by the Owner and/or the Owner’s Property Manager whether or not
approved. Applicant(s) understands and agrees that, in the future upon request, the Owner and/or the Owner’s Property Manager will release
information concerning the Owner’s experience with Applicant(s) as an Applicant/Tenant(s). Applicant(s) understand and agrees that this application
will not be processed without the “Processing Fee” set out in Section 1. Applicant further agrees and understands that this Processing Fee will NOT
BE REFUNDED regardless of whether or not the Owner accepts this application for residency and the Pre-paid Security Deposit shall NOT BE
REFUNDED if application is approved and applicant fails to execute a lease and take possession of the subject Property.
_______________________________________________________
________________________________________________________
Applicant’s Signature
Applicant’s Signature
____________________________________________________________________
______________________________________________________________________
Date
Date
The undersigned Broker acknowledges receipt of the non-refundable processing fee.
____________________________________________________________________________________
____________________________
Broker’s Signature
Date
Office Use Only:
Property Address being applied for: __________________________________________________________________________________________________________________
Security Deposit received on _________ by _______________________
____________________ Deposit received on __________ by _____________________
Processing Fee received on _________ by _______________________
___________________________ received on __________ by _____________________
This form was created by the Oklahoma Real Estate Contract Form Committee and approved by the Oklahoma Real Estate Commission
OREC RESIDENTIAL LEASE APPLICATION (11-2012)
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