I am now waiting on more paperwork to fill out but I would like to know if this application means I've signed my life to this apartment and there's no turning back. Currently, I am waiting on more forms to fill but what if I change my mind.
2007-08-31 11:56:37 · 12 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Approval of your application means that your rental deposit will be forfeited to the property management company if you do not accept the apartment. Management has set aside a specific rental unit for you. Not accepting it is perceiced by them as a lost rental. Since you have not signed a lease agreement your are not bound to renting the apartment.
Leasing agent Phoenix,AZ
2007-08-31 12:15:20 · answer #1 · answered by devil dogs 4 · 0⤊ 0⤋
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2016-07-19 07:33:03 · answer #2 · answered by ? 3 · 0⤊ 0⤋
A rental application is a CONTRACT. Did you read it? Applications are all different. Ours, for example, is a signed contract between both parties where the applicant gives the landlord permission to research his credit and criminal history, for example. It also states that the application fee is NONREFUNDABLE. Since it costs MONEY to run the application, I don't see how you could ask for your money back AFTER they've run the application and you've been approved. That's like paying in advance for a great meal, eating it, and then asking for your money back because you changed your mind about being hungry. It doesn't work that way. I seriously doubt that an approved application obligates you to renting the property, though. It sound strange that they would keep the deposit if you responded in a reasonable amount of time. Once again, READ THE DOCUMENT YOU SIGNED.
2016-05-18 01:23:39 · answer #3 · answered by ? 3 · 0⤊ 0⤋
You also have the option of looking at other apartments that are handled by the same owner, so that you don't have to fill out additional applications.
2007-08-31 12:03:37 · answer #4 · answered by Venita Peyton 6 · 0⤊ 0⤋
That is just the credit app. If you do not sign the contract you are not tied to the apartment. When you sing the contract you get the keys. If they call and say you are approved you have to make the choice if you want it or not.
2007-08-31 12:04:49 · answer #5 · answered by Ale.SP 3 · 0⤊ 0⤋
the lease is the binding contract. I know leases suck and make you feel like you are being indentured. That is why I try to get places with private individuals, but that also has its downfalls.
FYI: There are many ways out of leases if you are creative.
2007-08-31 14:17:58 · answer #6 · answered by Marc 3 · 0⤊ 0⤋
Not until you sign the "lease agreement". Right now you still have a chance to change your mind.
2007-08-31 12:02:55 · answer #7 · answered by Anonymous · 0⤊ 0⤋
If all you've filled out is an application, you aren't bound to it yet. If you've filled out a lease, you are.
2007-08-31 12:01:42 · answer #8 · answered by Uncle Pennybags 7 · 0⤊ 0⤋
No I wouldn't think so. They will tell you when you are signing the lease agreement. It should have that title at the top.
2007-08-31 12:08:46 · answer #9 · answered by Anonymous · 0⤊ 0⤋
I agree with L-F. What's with all the buyer's remorse on apts today here? Don't you guys look at the place before signing on. You would lose any holding fee or application fee.
2007-08-31 12:03:43 · answer #10 · answered by heart_and_troll 5 · 1⤊ 1⤋