thought I'd start another thread for this. The first 3 from Tricia kinda got mingled and mangled.
Your first responsibility is to get the property under lease. That can be done while your working on it-- it can be done by giving applicant a FEW days to get things together. The first step is to get the property spoken for. AKA off the market to a viable client. The perfect cut Diamond.
So you take application (s) and come across that "diamond in the rough" but the house isn't just ready or they don't have ALL the funds.
YOU NEED THE HOUSE SPOKEN FOR- that's the job. We take a holding fee that is non refundable for non performance of contract. We have a separate page outlining they have been accepted and property is off market for them with the holding fee. initial and sign. next line is when lease is to be signed and what funds are due. next line is start of lease 2nd payment due date since first payment is made at the lease signing. each line is initialized as the step is completed.
Not really sure what your other questions or why there is a question about this? you have nothing without a cash commitment-- can we all agree-- we don't hold property without $. Also we don't split deposits or holding fees. NEVER ever. --99.103.xxx.xxx