Receipt of Earnest Money

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AMERICAN RENTAL PROPERTY OWNERS LANDLORD ASSOCIATION
WWW.ARPOLA.ORG
Receipt of Earnest Money
This will acknowledge receipt of the sum of $_____ by _____________________ ("Landlord")
from _____________________ ("Applicant") as earnest money to hold vacant the rental
property at _____________________, until _____________________ at
_____________________. The property will be rented to Applicant on a
_____________________ basis at a rent of $_____ per month, if Applicant signs Landlord's
written lease and pays Landlord the first month's rent and a $_____ security deposit on or
before that date, in which event the earnest money will be applied to the first month's rent.
This Agreement depends upon Landlord receiving a satisfactory report of Applicant's references
and credit history. Landlord and Applicant agree that if Applicant fails to sign the Agreement and
pay the remaining rent and security deposit, Landlord may retain of this holding deposit a sum
equal to the prorated daily rent of $ ____ per day plus a $____ charge to compensate Landlord
for the inconvenience.
Date ____________________
Applicant _____________________________________
Date ____________________
Landlord _____________________________________
AMERICAN RENTAL PROPERTY OWNERS LANDLORD ASSOCIATION
WWW.ARPOLA.ORG
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