Clearly they'll be forfeiting at least the rents worth portion of their 1.5 months security, and I'm sure they'll be damage enough that they won't get the rest.

They do not bind either party to a rental agreement, but the deposit is forfeited if you complete the rental application process, approve the tenant, and then the tenant decides he doesn't want to rent the unit.If you accept first month's rent and a security deposit in exchange for their right to live in the unit, you would be entering into a binding rental agreement prematurely.

If they come back on the 15th day following the auctions and accept your offer and you do no execute a purchase agreement and purchase the property you are in breach of the terms of the agreement to place a bid in the auction and will forfeit your $2500 deposit to bid.

The banks never want to forfeit the info if I don't have my ducks in a row they will not help.

You must get a realtor to represent you or forfeit the commission.

@James WiseFrom my understanding the applicant gave a hold deposit and then canceled the contract which according to the terms of the contract meant they forfeit the hold deposit. 

The only downside I've come up with that i would be forfeiting my county's homestead tax exemption discount.

Unless there's a weasel clause to get out of liability, most likely the buyer will forfeit their deposit if they don't close.

If they did not move out by the promised date they forfeited the money and it covered eviction costs (time and fees).

He was not willing to work with us for filing a lawsuit to recoup the money collected from illegally subletting although the lease specifies any sublet revenue would be forfeited to us.