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If your rental application gets approved, then you’ll sign the lease. You’ll also have to pay the first month’s rent and any move-in fees or security deposits required by your landlord and the building.Click to see full answer. In this regard, how long does it take for a rental application to be approved?Typically, most applications take 48-72 hours for a decision, but there are instances where it may take more. We should note, the management company has up to seven days to make a decision – if they don’t make one in the time allotted, the application is considered rejected by default.Beside above, how long does an apartment background check take? Criminal background takes anywhere from 30 minutes to 3 days. I spend about 2 hours in research for your application. Checking landlord references can run anywhere from the same day to two weeks later. People also ask, what does it mean when your apartment application is approved? You were approved means that you landlord thinks you can be a good tennant and he is willing to sign a contract with you as long as you : pay security deposi, first month rent and last , if required. sing the lease. receive the key.What does it mean when your apartment application is pending?When something goes “pending” whether for sale or for rent, it means that the home owner has an offer and it is in the process of being “accepted.” Nothing is final, so typically the agent wants other prospects to know that they should continue to view the property, but with the understanding that if that initial offer

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