Down Payment Register
I(we), __________________________________________agree to pay the said amount of $ ____________ for the purpose of placing the unit listed above on hold until 5:00pm of this date.
| One Day = | $50.00 | Four Days = | $200.00 | |||
| Two Days = | $100.00 | Five Days = | $250.00 | (Maximum Holding Period) | ||
| Three Days = | $150.00 | |||||
After this duration has expired and no Residential Lease has been entered into, shall the Applicant(s) forfeit the entire said amount to R.M.P. to be used for holding costs or by any other means necessary. If in the event R.M.P. has denied the Applicant(s) Application, the entire said amount will be refunded within (15) fifteen days of the holding period and can be received from our office in person during normal business hours only. If the refunded amount is not received within the (15) fifteen day period the Applicant(s) will have (5) five business days from that date to receive their refund or the entire said amount will forfeited to R.M.P. for operating costs. Applicant(s) may place more money down than indicated above but there will be no extension beyond the Maximum Holding Period. If in an event the Applicant(s) revokes their decision to rent in the unit above and their Application is either approved or considered incomplete, due to unfinished processing beyond our control, the Applicant(s) shall forfeit the amount of holding as indicated above.
IN WITNESS WHEREOF, the parties here to have executed this agreement.
Applicant(s) agrees to the terms set forth within this agreement.
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Notes: _______________________________________________________________________________________________
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For Office Use Only
Date Received Initials ______
PRINT THIS FORM, AND FAX OR DELIVER TO R.M.P.