The Initial deposit of $1,000 is the first step in taking the apartment off the market. The deposit is refundable until the owner approves the file. Each $20 application fee is non-refundable. Once your file is approved and you sign the lease (congrats!), the remainder of your initial deposit is credited toward the security deposit.
The Initial deposit of $1,000 is the first step in taking the apartment off the market. The deposit is refundable until the owner approves the file. Each $20 application fee is non-refundable. Once your file is approved and you sign the lease (congrats!), the remainder of your initial deposit is credited toward the security deposit.