I hereby request to lease the above named premises from owner for the above stated term and I offer to pay rent as above specified. This offer shall become binding upon said owner only when accepted by it. I REMIT $100 AS EARNEST MONEY WITH CH VENTURES, LLC, AS REMITTEE OF OWNER. SAID DEPOSIT SHALL BE RETURNED TO ME IF THIS OFFER IS NOT ACCEPTED. IF MY APPLICATION IS ACCEPTED, I AGREE TO EXECUTE A WRITTEN LEASE FOR THE ABOVE NAMED PREMISES UPON THE WITHIN RECITED TERMS IF AND WHEN REQUESTED TO DO SO, AND AT THE SAME TIME TO PAY ONE MONTH'S RENT. IF SAID OFFER HAS BEEN ACCEPTED AND I FAIL OR REFUSE TO EXECUTE SAID LEASE OR TO PAY ANY OF THE SAID MONIES DUE, OR CHOOSE TO WITHDRAW MY OFFER BEFORE ACCEPTANCE, OR FALSIFY ANY INFORMATION SUPPLIED BY ME IN THIS OFFER, SAID DEPOSIT MAY BE RETAINED AS LIQUIDATED DAMAGE FOR THE BENEFIT OF THE OWNER. I UNDERSTAND THAT SAID DEPOSITS WILL NOT BE RETURNED TO ME IF I AM ACCEPTED AND FAIL OR REFUSE TO EXECUTE SAID LEASE.
BCHHOYNE, LLC (herein “Landlord”) owns and manages this building. Landlord will review and evaluate this application. CH Ventures, LLC, as remittee, will process and deposit your application fee on Landlord’s behalf. If your application is approved, CH Ventures, LLC, as remittee, will process and deposit your monthly rent payments on Landlord’s behalf, with CH Ventures, LLC’s sole duty with respect to rent payments being to receive and deposit the rent into an account owned by Landlord.
Applicant agrees and understands that CH Ventures, LLC does not own the building nor does it operate or manage it in any way. CH Ventures, LLC’s sole functions are to gather applicants’ credit information, collect application fees and rents, and otherwise act as remittee on Landlord’s behalf.
In accordance with the Illinois Realtors’ Code of Ethics, Applicant acknowledges that Cameel Halim, a member of BCHHOYNE, LLC, is an Illinois licensed managing real estate broker. Applicant further acknowledges that this Application is between Tenant and BCHHOYNE, LLC only, and that this acknowledgment does not create or alter any contractual relationship.
I HAVE READ AND I UNDERSTAND THE ADDITIONAL COVENANTS AND AGREEMENTS SET FORTH BELOW AND UNDERSTAND THAT THEY WILL
BE PART OF THE LEASE.
I UNDERSTAND THAT THIS APPLICATION AND THE INFORMATION IN IT ARE THE PROPERTY OF LANDLORD.
NO VERBAL AGREEMENTS OR PROMISES ARE MADE HEREUNDER.
I ACKNOWLEDGE THAT I HAVE VIEWED THE WITHIN NAMED PREMISES AND THAT THE APARTMENT IS ACCEPTABLE EXCEPT FOR THE
FOLLOWING:
I AUTHORIZE CH VENTURES, LLC, AS REMITTER FOR LANDLORD, TO OBTAIN A CREDIT REPORT AND ALL INFORMATION NECESSARY TO VERIFY MY EMPLOYMENT AND RENTAL HISTORY. CH VENTURES, LLC WILL PROVIDE THIS INFORMATION TO LANDLORD WHO WILL USE IT TO REVIEW YOUR APPLICATION