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Items one through twelve below are required of a landlord/agent by the State of Wisconsin and all items are required by the City of Madison prior to entering into a rental agreement with a tenant and/or prior to accepting earnest money or a security deposit. Other governmental jurisdictions may have additional laws and regulations that apply.
TENANT/APPLICANT ACKNOWLEDGES HAVING BEEN ADVISED:
THE FOLLOWING DISCLOSURES APPLY TO THE CITY OF MADISON ONLY
At the time the lease is signed, the applicant agrees to pay the balance of the security deposit. If the applicant refuses to sign the lease after the application has been approved, actual charges incurred will be deducted from the deposit and the balance, if any, refunded. Additional amounts due to loss of rent & advertising costs may be due.
This application is subject to the approval of the landlord or agent. False, inaccurate or incomplete information may result in the rejection of this application, or grounds for termination of the tenancy.
The applicant consents to a routine inquiry of references and credit agencies, and authorizes his or her employer to divulge salary & wage information. The inquiry will provide applicable information concerning the applicant's credit worthiness and reliability. At applicant's request, landlord will advise if a credit report is requested and the name and address of the credit reporting agency. Applicant acknowledges receipt of a copy of this application with disclosures below as part thereof which may be applicable.
Applicant has 24 hours from the time of approval notification to make a final decision. Upon verbal or written commitment to enter into a lease, applicant agrees the lease will be signed and returned within 24 hours. Failure to do either forfeits the right of first refusal.
I, , certify that I have read the above statement and agree to its terms.