(a) The applicant is deemed rejected by the landlord if the landlord does not give notice of acceptance of the applicant on or before the seventh day after the:
(1) date the applicant submits a completed rental application to the landlord on an application form furnished by the landlord; or
(2) date the landlord accepts an application deposit if the landlord does not furnish the applicant an application form.
(b) A landlord's rejection of one co-applicant shall be deemed as a rejection of all co-applicants.