Applicant represents that all above statements are true and complete. Applicant hereby authorizes verification of above information, references and credit records, and applicant releases from all liability or responsibility all persons and corporations requesting or supplying such information. Applicant acknowledges that false information may constitute grounds for rejection of this application, termination of right of occupancy and/or of deposits and may constitute a criminal offense under the laws of this State.
A security deposit in the amount of $300.00 will be required with this application. I understand that if this application is not approved, the full deposit will be returned to me. If this deposit was paid via credit card terminal it is hereby agreed that Mike Herald Management will return the deposit by written check through the normal refund procedure. In the event this application is approved, but I choose not to enter into a rental agreement, then the deposit will be forfeited as liquidated damages. If approved and a rental agreement is signed, then the deposit will also be held by Mike Herald Management as a security for the performance of the terms of the rental agreement.