Apartment Rental Application Form Page 3

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MCR PROPERTY MANAGEMENT, INC.
PAGE 3 OF 3
APPLICATION AGREEMENT
Please read carefully
This is to be signed below only if owner has not yet accepted applicant's and co-applicant's and
if owner has not yet signed the lease contract. Each co-applicant, (co-resident), except for
spouses, must sign a separate application agreement.
1. APPLICATION FEE (NOT REFUNDABLE). Applicant has delivered to owner's agent an
"application fee" in the amount indicated below which partially defrays the cost of administrative
paperwork and it is not refundable.
2. APPLICATION DEPOSIT (MAY OR MAY NOT BE REFUNDABLE). In addition to the above
application fee (if any), applicant has delivered to owner's agent an "application deposit" in the
amount indicated below. The application deposit is not a security deposit at this time. Your
application deposit will be credited to the required security deposit upon approval of your
application. If you or any co-applicant withdraws this application for any reason after the
allotted amount of time of 24 hours, or if you fail to sign a lease in form presented to you within
three days after your application has been approved, or the application is denied due to falsified
information given, the application deposit of all applicants can be retained by owner as
liquidated damages and the parties will have no further obligations to each other. If your
application is disapproved, the application deposit (but not the application fee) will be returned
to you.
$
3. RECEIPT
APPLICATION FEE (not refundable)
$
APPLICATION DEPOSIT (may or may not be refundable
$
SIGNATURE OF APPLICANT
DATE:
SIGNATURE OF APPLICANT'S
DATE:
SPOUSE
AGENT'S SIGNATURE
DATE:

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