To secure a unit, a non-refundable holding deposit of $250.00 is required within 48 hours of notification of application approval. If the holding deposit is not provided within the specified timeframe, the unit will be released and made available to other prospective applicants. Holding deposits are non-refundable and will be applied toward the security deposit once the lease has been executed within the agreed-upon timeframe. Cancellations requests received after the holding deposit payment has been made, will forfeit the holding deposit.