All applications for an apartment are subject the approval of the landlord. The acceptance of this application and/or a deposit does not constitute a lease or an
agreement to lease on the part of the landlord.
If the applicant is not approved, any sums deposited shall be return the applicant. If the application is approved, any sum deposited shall be considered part of the security deposit required under the terms of the lease (whether oral or written). In the event an approved applicant fails to move into the apartment complex, any sum deposited shall be retained by the landlord as liquidated damage for expenses incurred following approval of said applicant.