StuartCo Application for Apartment Occupancy Agreement Terms and Conditions:
This investigation may include the exchange of information and a report from a credit-reporting agency. The applicant(s) authorizes a search of the Minnesota State Criminal Records Repository and/or the Federal Bureau of Investigations Criminal Justice Information Criminal Files.
Should applicant(s) desire to cancel this application, the security deposit will be retained as partial payment of the first months rent unless the application is ultimately denied by StuartCo.
If management does not notify applicant(s) to the contrary within five working days, this application will be considered accepted, in which case it is understood that said apartment is being held for applicant(s) and made ready for occupancy.
If applicant(s) do not take possession of said apartment on date specified, the first month's rent is due and payable. In this event applicant(s) security deposit will apply against the rent due.
The payment of a Deposit holds the apartment for the Applicant subject only to the Applicant successfully being screened and accepted for occupancy. By paying the Deposit, Applicant is asking Owner to take the apartment off the market and to lose the opportunity to market and/or rent the apartment to others.
If the landlord does not perform a personal reference check or does not obtain a consumer credit report or tenant screening report, the landlord must return any amount of the applicant screening fee that is not used for these purposes. (11)If a landlord accepts an applicant screening fee from a prospective tenant, the landlord must: