What might a leasing professional require from an applicant to process a conditionally accepted application?

A leasing professional might require additional deposits from an applicant to process a conditionally accepted application as a measure to ensure financial security for the property owner. This is particularly relevant when the applicant's credit history, income level, or rental history presents uncertainties. By requesting additional deposits, the leasing professional mitigates the risk associated with leasing to an applicant who may have potential issues that could affect their ability to meet lease obligations.

For example, if the applicant has a lower credit score or has previously faced eviction, the additional deposit acts as a safeguard that can cover potential future defaults on rent. This practice is not uncommon in the rental industry as it can help landlords feel more secure in leasing to individuals who might otherwise not meet all standard criteria.

While other options like a credit report or proof of disability can be part of the application process, they do not directly relate to the financial assurance needed when a lease is conditionally accepted. Shorter lease terms may be appealing for flexibility but are not typically a requirement tied to processing a conditionally accepted application.