Under this agreement the applicant understands that at anytime another applicant with similar qualifications provides full deposit for this same apartment, the Landlord has the right to rescind this Partial Security Deposit Agreement and return the deposited funds to the applicant for a full refund. However, if the applicant changes his/her mind at anytime during this agreement, to no fault of the owner, all deposits will be forfeited. Furthermore, if applicant does not complete the deposits in the AMOUNTS and by the DATES specified in this agreement, the owner will forfeit all deposited funds and return property to the open rental market. By signing this document the applicant understands, accepts and consents to the aforementioned terms and agreement