Online Lease Application

The above listed applicant declares that all statements made in this application are true and complete. Applicant hereby authorizes Precision Property Management Services, Inc. to verify all of the information in this application and obtain credit reports on the above listed applicant and/or applicants. If any applicant has given any false information, Landlord is entitled to reject the application and retain all application fees as liquidated damages for Landlord's time and expense in processing this application. Applicant shall give Landlord a non-refundable application fee in the amount of $50.00

I/we understand that this application and results thereof remain the property of Precision Property Management Services, Inc.

By submitting this form, I/we hereby authorize Precision Property Management Services, Inc. to make inquiries through the credit bureau and/or from my employer and other references that are supplied on this application. I understand that the application fee is $50 per applicant or $75 per applicant for condo applications and is non-refundable.

I/we hereby apply to rent the above identified premises for the terms and conditions stated in the lease agreement and that the rental payment is payable on the first day of each calendar month. I/we guarantee the statements and representations made on this application are true.

I/we understand that a $500 deposit (in certified funds) will put a hold on the premises mentioned on this application and it will be removed from the market for showings for a period of two weeks or until this application is approved or denied. This deposit is not transferable to another property.

I/we further understand that Precision Property Management Services, Inc. is a transaction agent and do not solely represent the owner nor the tenant but the transaction between both parties. Any changes to the lease agreement or term must be negotiated through Precision Property Management Services, Inc to the owner whom maintains the final decision.

Precision Property Management Services, Inc is a licensed Real Estate brokerage acting exclusively for each transaction and will be paid a management fee by the owner of said property for procuring this lease agreement between Precision Property Management Services, Inc and the tenant.

I/we understand that if I/we am found not qualified to lease the premises applied for, my/our deposit will be refunded less the application fee.

I/we further understand that if I/we am found qualified to lease the premises and I/we decline to lease the premises for any reason or if any statement made on this application is a misrepresentation and not true statement of facts, my/our deposit of $500 will be taken as forfeiture for liquidated damages.