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I am currently going through rapid reality to rent an apartment. We found a studio for 1300, put a good faith deposit down, which we were told takes it off the market. We submitted paperwork, and were approved. A day later, our agent calls us and says the same apartment we were approved for was shown and the party offered $100 more a month. Now, the management company for the building is telling us we need to pay $1400 a month, or the other party will get the apartment. Is this a breach of a verbal agreement, since we were told we were approved?