See below for the holding fee agreement wording I use.
Holding Fee Agreement
Applicants:
Unit Address:
Holding Fee:
Held: ___________ In Bank ____________ Until Lease Signing
The undersigned acknowledges receipt of the above sum as a fee guaranteeing that the above named applicant(s) will pay the rent due and the security deposit required by the rental agreement/lease to move into the above referenced unit on or before: __________________.
This fee WILL NOT BE REFUNDED, unless the rental unit cannot be delivered to the applicant for possession on the stated date. If tenancy does occur, this fee will be applied to rent and/or security deposit due.
________________________________________ __________________________
Landlord Date
________________________________________ __________________________
Applicant Date
________________________________________ __________________________
Applicant Date
--98.25.xx.xxx