Legal Question in Real Estate Law in Virginia

Can a security deposit ever be considered an application deposit after an application is accepted along with an application fee but before a lease is signed?


Asked on 4/13/11, 6:37 am

1 Answer from Attorneys

Michael Hendrickson Law Office Michael E. Hendrickson

No, if it was clear that the fee submitted with the application was the

only application fee that would be required. Strictly speaking, in

standard rental parlance, there is no such thing as an "application deposit".

Read more
Answered on 4/13/11, 6:57 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in Virginia