RENT IS PAYABLE ON OR BEFORE THE FIRST OF EACH MONTH. A DEPOSIT OF ONE HALF MONTH’S RENT IS HEREBY PROVIDED TO THE LANDLORD. THESE MONIES ARE TO BE RETURNED TO THE APPLICANT IN FULL IF THEIR APPLICATION IS NOT ACCEPTED. THE DEPOSIT, ON THE DATE OF MOVE IN WILL BECOME THE DAMAGE/SECURITY DEPOSIT AND BEAR INTEREST AT THE RATE PRESCRIBED BY LAW. IT IS TO BE RETURNED TO THE RESIDENT AFTER VACATING THE UNIT SUBJECT TO THE CONDITIONS OF THE LAW. IF THE PROSPECTIVE RESIDENT CANCELS THIS APPLICATION, THE LANDLORD RESERVES THE RIGHT TO APPLY THE FULL DEPOSIT TO RENTAL LOSSES.
PETS ARE ONLY ALLOWED IF SPECIFICALLY APPROVED BY THE LANDLORD. ONCE APPROVED A PET DEPOSIT OF UP TO ONE MONTH’S RENT IS REQUIRED.
WATERBEDS NOT PERMITTED UNLESS APPROVED BY LANDLORD.