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Pay your Holding Deposit online using your credit card, debit card or Paypal
account!
Simply click on the button above, enter your holding deposit amount on the secure Paypal
site and ta-da. Fast, easy, convenient. Once your payment is
processed, you will be returned to this site.
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By submitting the holding deposit, you agree to the terms and conditions set
forth herein:
- Once the Applicant begins tenancy,
the Holding Deposit will transfer to a Security Deposit and subject to the
Lease Agreement terms.
- Owner is free to deposit all funds
received herein and shall maintain this Holding Deposit in liquid funds
subject to review by Owner or its agents of the Applicant’s rental
application.
- Applicant shall be entitled to a full
refund of the Holding Deposit within 30 days if the Owner determines
that:
A. The Owner does not approve the Applicant’s rental
application; and/or
B. The premises are not available on the agreed date
C. Upon notification by the Owner to the Applicant that
their rental application has been accepted, the Applicant agrees to execute all
lease or rental agreement and related documents and pay any balance still due
for the first month’s rent and full security deposit. Applicant understands
that once their rental application has been approved, the rental unit is being
taken off the rental market and reserved for the Applicant and any or all other
potential Applicants will be turned away.
- If after acceptance of the
Applicant’s rental application, the Applicant fails to comply, the Owner may
immediately deduct from the amount received the sum of 1/30th of the
Holding Deposit per day (daily rate) for each day the rental unit is
vacant from the date the Applicant’ tenancy was to begin through the date the
rental unit is rerented to another tenant, but not in any event to exceed 30
days. In addition, the Owner shall be entitled to retain reasonable
administrative fees and advertising expenses associated with remarketing the
rental unit. The Applicant agrees that the daily rate plus the actual
incurred administrative expenses and advertising costs are reasonable and
liquidated damages since the actual damages would be difficult or impossible
to ascertain.
- The Owner, within 60 days
after the rental unit is rerented, shall return to Applicant, to the
Applicant’s address as shown on the rental application, any remaining balance
of the Holding Deposit and shall include an itemization of the Owner’s
damages.
- If any legal action or proceeding is
brought by either party to enforce any part of this agreement, the prevailing
party shall recover, in addition to all other relief, reasonable attorney’s
fees and costs. By submitting and accepting the holding deposit, both the
Owner and Applicant acknowledge and accept all terms contained herein.
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Sophisticated Urban Living 
