Yes, properties can be held for approved applicants. After being approved for a rental property, Summit Management Group will hold the property for a maximum of 14 days upon collection of a non-refundable Holding Fee of one month’s rent. Holding Fees are due within 48 hours of tenant approval. A Holding Fee Agreement will be drafted to illustrate the estimated date of move in (on or before date) and that a holding fee has been collected. Holding Fees will be applied towards your first month’s rent upon signing the lease agreement and payment of your Security Deposit and Administration Fee. All Holding Fees are non-refundable should you decided not to move into the property for any reason unless the reasoning is due to fault of the landlord.