Deposits and Leasing
I provided MLC Properties in Atlanta, GA a $725 deposit for an apartment. I completed only an application – no lease. However, due to unforseen circumstances (the possibility of a layoff at my current employer, WorldCom) I am unable to keep the apartment. MLC Properties is stating that their policy is such that they will not refund my deposit. However, I do not recall that ever being stated, and again, I did not sign a lease agreement.
Is what they are stating true and legal? Can they legally keep my deposit?