Reply: What is everyone’s policy in holding a unit for an applicant that’s already been approved?

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Topic History of : What is everyone’s policy in holding a unit for an applicant that’s already been approved?

Max. showing the last 6 posts - (Last post first)
5 months 5 days ago #50200

Jim Wood

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Only if they pay a security deposit to hold it pending lease signing
5 months 5 days ago #50199

Janice Marcum Quill

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We are on a rent revenue management program that gives prospects 35 different rates to choose from depending on the length of the lease and date of move in. If they want a date further out, it can be done, but they will pay a much higher monthly rate.
5 months 5 days ago #50198

Britney Ward

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Hi, Sign a lease within 72 hours of approval. Hold up to 2 weeks on stabilized and 30 days on lease up.
5 months 5 days ago #50197

Shelly Smith Mccomsey

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They have to sign the lease within 48 hours of approval. If they cancel before move in they have to pay reletting fee. If they don’t sign lease unit goes back on market and they lose what they’ve paid
5 months 5 days ago #50196

Chris Peterson

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We're tax credit and require they pay 1/3 of the Sec Dep within 5 days of approval which holds the unit for them for 30 days but is not refundable if they decide to cancel on us.
5 months 5 days ago #50195

Anonymous

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I’ll hold for one week with nonrefundable deposit = to their damage deposit.

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