Click & Lease Lease Update August 18, 2021

Dear Ohio NAA Click & Lease User,

The NAA Click & Lease Program for Ohio will be updated on August 18, 2021 to include the following changes to your lease forms. The Release Notes, which are accessible when logged into your NAA Click & Lease Program, include copies of these upcoming forms.  

Should you have any questions about these changes, please contact NAA. As always, we recommend you and your local legal counsel review all new and/or updated forms before implementing them into your leasing operations.

Updated Forms:

1. Rental Application
          a. Under Application Agreement Section - Approval When Lease Contract Signed in Advance
                     i. New Language: If you and all co-applicants have already signed the Lease Contract when we approve the                      Application, our representative will notify you (or one of you if there are co-applicants) of our approval, sign                    the Lease Contract, and then upon possession will credit the earnest money deposit of all applicants                                toward the required security deposit or toward first months rent if We are prohibited by law from collecting                    a full security deposit in advance.
          b. Under Application Section – Approval When Lease Contract Isn’t Yet Signed
                     i. New Language: If you and all co-applicants have not signed the Lease Contract when we approve the                           Application, our representative will notify you (or one of you if there are co-applicants) of the approval, sign                     the Lease Contract when you and all co-applicants have signed, and then credit the earnest money deposit                     of all applicants toward the required security deposit or toward first months rent if We are prohibited by                         law from collecting a full security deposit in advance.
          c. Under Disclosures Section – Earnest Money Deposit (may or may not be refundable)
                    i. New Language: The earnest money deposit will be credited toward the required security deposit, or                               toward first months rent if We are prohibited by law from collecting a full security deposit in advance, when                   the Lease Contract has been signed by all parties and you take possession of the Dwelling; OR, it will be                           refunded under paragraph 7 of the Application Agreement if your application is not approved; OR, it will be                     retained by us as liquidated damages if you fail to sign or attempt to withdraw under paragraphs 4 or 5 of                       the Application Agreement.