RENTAL APPLICATION CRITERIA

Rental Application Criteria and Tenant Selection

Fair Housing Statement:

We are a fair housing provider. All applicants will be subject to the same application criteria. We do not discriminate against persons on the basis of race, color, religion, national origin, sex, familial status, disability, creed, marital status, public assistance, ancestry, and sexual or affectional orientation.

Renting an Accommodation:

To rent an accommodation under a Long-term lease, we require you to complete an application and provide us your first and last name, home or other physical address, your telephone number, your e-mail address or other personal information, credit card number, social security number or other non-public financial information. This application can be completed online on our website or at our leasing office. You may choose not to provide your personal information. If not provided, however, you will not be able to rent an accommodation with us. This process may or may not be required of vacation rentals.

Things to Consider Before you Apply:

A rental property may receive multiple rental applications on the same day or within the same general time frame. Before you submit your rental application, please understand that a credit bureau screening report is involved and there is chance your rental application may not be approved. WE WILL SELECT A TENANT ONLY FROM THOSE APPLICATIONS THAT ARE COMPLETE AND WILL SELECT THE BEST QUALIFIED APPLICANT. To be considered as a tenant, your application must be submitted with all requested information and all adults over the age of 18 who would be residing in the home must have submitted an application. We are looking for someone to move in as close to the availability date as possible so your requested lease start date may be a further determining factor. PLEASE NOTE, SINCE WE INCUR COSTS TO PROCESS AND SCREEN EACH APPLICATION, APPLICATION FEES ARE NON-REFUNDABLE.

Application Process and Requirements:

Every person over 18 who will reside at the rental property must be named on the lease and complete and submit a rental application as well as pay a $35 rental application fee. Each application must be filled out completely and accurately. An incomplete application may be rejected or not processed. Any misstatements or omissions made on your application, whether or not discovered before you move into the rental property, is grounds for denial of an application or termination of an existing lease. Information must be legible and verifiable. If information given on the application cannot be checked out and verified, this is a reason for denial of an application. Omission of information, such as an address or employer, may be grounds for denial of an application. False information may also be grounds to reject your application, retain all application fees and deposits as liquidated damages, and terminate your right of occupancy.

Income:

Income must be verifiable and must meet the following criteria:

• Total household gross monthly income must be at least three (3) times the amount of monthly rent (i.e. $500.00/month rent x 3 = $1500.00/month or $18000.00 / year minimum income). Subsidy recipient’s income must be 3 times the amount of the rent portion they are responsible to pay.
• Examples of income include, but are not limited to: wages, salaries, tips, Social Security benefits, retirement, pension or savings accounts, stocks, bonds, child support or alimony payments, unemployment benefits, or public assistance.
• Savings and brokerage accounts may be considered in lieu of active employment with verification of bank balances (savings, check, money market, certificates of deposit) totaling at least four times the annual rent (4 x annual rent).
• Co-signers on leases are generally not accepted.

Proof of Income:

Written proof of income must be provided in one or more of the following forms:

• Written offer letter from employer indicating salary and start date (if employment new and has not yet started)
• Two most recent pay stubs from your place of employment
• Letter of benefit assignments from a 3rd party bank, life insurance company, or government source of benefits paid

For self employed individuals:

• Two most recent complete Federal income tax returns (signed)
• If sole proprietor, include two most recent Federal Schedule C indicating self employment income; If corporation or partnership attach two most recent K-1 statements showing owner share of cash distributions from your business.

Housing History:

Three years of previous residential history and contact information for previous landlords or property managers must be provided. Positive references from previous landlords and/or homeowners are required. The following items may disqualify rental acceptance or be grounds for denial of an application:

• Previous unlawful detainer (eviction) lawsuit or default (failed to perform) on any obligation of a rental agreement or lease (i.e. late payments, NSF checks, noise complaints, skips or any negative reference).
• Outstanding balance owed to previous or current landlord.
• Water bed, an aquarium or any other water filled furniture.

Credit History:

All applicants must provide their social security number and submit for a credit history check. The following items may disqualify rental acceptance or be grounds for denial of an application:

• History of or current bankruptcy proceedings.
• History of delinquent payments or high credit balances on multiple credit accounts.
• Credit score of less than 600 in any of the major credit reporting agencies.
• Unpaid bills referred to collections agency.
• History of numerous NSF checks.

Credit history will be weighed in conjunction with all other rental criteria. Landlord reserves the right to deny any applicant based solely on a history of any delinquent credit activity.

Background and Criminal History:

We will use personal information disclosed by you to conduct background checks. We may verify any information that you submit to us in connection with your application for a lease through any means, including any consumer or criminal record reporting agencies, personal and professional references, employers and other rental housing owners. All applicants require a background and criminal screening. The following items may disqualify rental acceptance or be grounds for denial of an application:

• Felony convictions.
• Misdemeanor convictions or gross misdemeanor convictions on crimes against persons, property, or drug related illegal activity.
• Reports of poor overall personal character and general reputation.

Proper Identification:

All applicants must provide one or more of the following in addition to a government-issued photo ID:

• Valid Social Security Card.
• Passport.
• Permanent Resident Card.
• Visa.

Landlord and Applicant Interactions:

A courteous and businesslike attitude is required from all applicants and prospective tenants. We reserve the right to refuse rental to anyone who is verbally abusive, swears or uses profanity, is disrespectful, belligerent, makes threats, is argumentative, displays violent behavior, demeaning speech or treatment of landlord or landlord’s agent or to one another if more than one applicant or in general displays an attitude during the application process that causes management to believe we would not have a positive landlord and tenant relationship.

Occupancy:

Maximum number of residents equal to two persons per bedroom.

Protecting Your Privacy:

Protecting your privacy is important to us. Your email address and personal information are confidential and will not be sold or rented.