Agreement To Hold Property

Agreement to Hold Property

___________________________ (hereafter "Landlord") and ___________________________ (hereafter "Tenant") hereby agree to the following concerning the Property at {location}:

The Tenant, having been accepted for a {amount of time} lease on the Property, will pay the Landlord a deposit of {amount}.

Once the Landlord has received the deposit, the Landlord will hold the aforementioned Property until {date}. When the Tenant takes possession of the Property, the deposit will be applied toward his/her rent.

If the Tenant has not taken possession of the Property for any reason by the date listed here, the deposit will be considered forfeit and be retained by the Landlord in its entirety.

Should the Landlord delay the move-in date, the deposit as listed above will cover the additional days.

In witness to their agreement to the terms of this contract, the parties affix their signatures below:

____________________________________
Landlord, signature & date

____________________________________
Tenant, signature & date

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