Deposit Receipt And Agreement

DEPOSIT RECEIPT AND AGREEMENT The sum of ($ ) is received from , Applicant, for the purpose of verifying information submitted on the rental applicati on and for holding the rental dwelling commonly known as (Address) until (Date) or such earlier time as the undersigned owner/manager is able to complete a verification of the informat ion submitted to on the Applicant's rental application. This dwelling will be rented to the Applicant provided that 1) the applicant's rental application and credit history satisfy the owner; 2) the Applicant signs the rental agreement within 24 hours of b eing approved, 3) within 24 hours of being approved, the Applicant pays all the sums necessary to move in. In the event that the applicant be approved to rent this dwelling and meet all three of the conditions above, this entire deposit will be refunded e xcept for the sum of ($), which shall be used to pay for verification of the Applicant's rental application. In the event that the Applicant be approved to rent this dwelling and does not do so, none of this deposit will be refunded. In the event that the Applicant not be approved to rent this dwelling, the Owner/Manager will refund all of this deposit except for the sum ($), which shall be used to pay for verification of the Applicant's rental application. D ate: Applicant: Applicant: Owner/Manager: 2001 251 American LegalNet, Inc.