It is acknowledged that due to circumstances it is not possible to sign the agreed Lease Agreement until .
However, I/We hereby Deposit the amount of $ , payable to with Mission Property Management Co., Inc., to secure the above named subject property. We further make the Agreement to Lease/Rent said property for the Leased Period of One Year beginning . Monthly Rent Amount is agreed to be $_______________.
It is understood that the above amount is a non-refundable deposit should the undersigned withdraw this Agreement to Rent.
It is understood that once the Contract is signed, the Deposit noted above will become The Security Deposit for the subject property and will then be governed by the California Tenant/Landlord Laws for a Security Deposit.
