Common use of HOLDING DEPOSIT Clause in Contracts

HOLDING DEPOSIT. To hold their unit until they take possession, Tenants shall pay Landlord a holding deposit of $ . Upon taking possession, the holding deposit converts to security deposit money. If Tenants do not take possession of the Premises, the holding deposit is forfeited in full.

Appears in 3 contracts

Samples: Residential Lease, Residential Lease, Residential Lease

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HOLDING DEPOSIT. To hold their unit until they take possession, Tenants shall pay Landlord a holding deposit of $ 00.00 . Upon taking possession, the holding deposit converts to security deposit money. If Tenants do not take possession of the Premises, the holding deposit is forfeited in full.

Appears in 1 contract

Samples: Residential Lease

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