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. There is a one-time legal fee of $250 for drawing up the lease, which you pay before signing. 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. There is a one-time legal fee of $250 for drawing up the lease, which you pay before signing. Once your file is approved and you sign the lease (congrats!), the remainder of your initial deposit is credited toward the security deposit.