The above named applicant(s) has been accepted to occupy the premises listed above. A deposit amount listed above in field "A" has been paid to reserve the right to take possession of the premises at the above address. The remaining balance in field "B" is due by move in date listed. This deposit will hold the premises until date in field "C" (hereinafter referred to as the “Lease-start date”) when applicant(s) will take possession. If applicant(s) do not take possession for any reason, the deposit becomes NON-REFUNDABLE (note: If the “Lease-start date” is delayed because the Landlord is unable to give possession, the deposit will hold the premises until the earliest date the Landlord is able to give the Applicant possession. Or Landlord will refund the deposit.) Landlord will have property available no later than the date in field "D" above. The applicant will also be held accountable for days the premises were held that are not covered by the deposit as well as be responsible for additional advertising costs required to re-rent the premises. 

This holding deposit will become the security deposit for the above referenced property once the applicant(s) take possession.