Rental Policy

Notice

PLEASE READ THIS PAGE IN ITS ENTIRETY BEFORE APPLYING TO LEASE A PROPERTY

During the application process you will be asked to acknowledge and consent to our rental policy and leasing requirements

General Policy

We strongly believe that everyone has a right to rent a property. All applicants will be treated equally and fairly and be subject to the same application and screening process. We strictly adhere to the Federal Fair Housing Laws, as well as the Realtors’ Code of Ethics. We will not discriminate against any applicant on the basis of race, color, creed, religion, sex, familial status, national origin, ancestry, age, mental or physical disability, sexual orientation, and all other protected classes.

Pre-Application Requirements

Applicant must schedule an appointment and preview the property
Applicant must be eighteen (18) years of age or older
We do not accept co-signers
Applicant must be the future resident at the leased premises
Applicant must communicate any maintenance or other concerns regarding the chosen property to us, BEFORE submitting a rental application. All properties are rented in "as is" condition

Application Process

Applicant must complete a rental application in its entirety and submit all supporting documents. If more than 1 applicant for the same property, each applicant must complete a separate rental application
Applicant must complete a pet application and create a pet profile even if you do not have a pet
Application process will take 2-3 business days, after which time, the applicant will be notified whether the application is approved or denied
If an application is denied due to applicant’s credit history, or for any other reason, the applicant will be notified in writing as to such reason(s), and of corrective action an applicant may take (if any)
Rental application is an offer to lease a property, not a lease agreement. All rental applications are subject to approval by landlord. Payment of any and all deposits, as specified herein, does not guarantee the execution of the lease agreement or delivery of possession of the premises by landlord to applicant

WARNING: KNOWINGLY PROVIDING FALSE INFORMATION ON A RENTAL AND/OR PET APPLICATION WILL CAUSE THE APPLICATION TO BE DENIED. FURTHERMORE, IN THE EVENT AN APPLICATION IS APPROVED AND LEASE AGREEMENT SIGNED BY THE APPLICANT BASED ON THE FALSE INFORMATION PROVIDED BY THE APPLICANT, SAID LEASE AGREEMENT MAY BE SUBJECT TO TERMINATION.

Identification

Income

Income must be documented and verifiable. Undocumented income will not be considered
Each applicant must have a gross income of no less than 2.5 times the monthly rent
Applicant must submit pay stubs for the 2 most recent pay periods (if paid bi-weekly), or for the 4 most recent pay periods (if paid weekly)
Retired and/or self-employed applicants must contact our office BEFORE submitting a rental application, so that we can fully understand their financial circumstances and provide them with a list of financial documents they will be required to submit

Credit History

Applicant's credit (VantageScore® 3.0) score must be 600 or higher
Applicant's social security number must be valid and verifiable
No collections for unpaid rent to any prior landlord or property management company
No more than 3 unpaid collections within any 12-month period
No unpaid collections for utility services (power, water, gas, trash)
No open or unresolved bankruptcies, judgments, liens, garnishments, unpaid child support

Rental History

Applicant must have a satisfactory rental history
No more than 1 late payment within any 12-month period
No NSF payments
No neighbor or community complaints on record
No broken lease agreements with any previous landlord
No eviction proceedings or eviction records

Initial Fees & Deposits

Each applicant will be required to pay a non-refundable application fee of $85. Upon approval of the application, the applicant must pay a Lease Administration Fee of $95, Pet Administrative Fee of $150 per pet (if applicable), and a HOLDING deposit equal to any and all deposits specified in a property listing. The holding deposit is NOT a security deposit. The sole purpose of the Holding deposit is to remove the property from the rental market and reserve it for the applicant. Applicant shall have no more than 14 days from the date of the approval of the application to execute a lease agreement and pay the first month’s rent and prorated charges (if any), at which time holding deposit will be applied towards a security deposit. In the event applicant fails to execute the lease agreement as scheduled, the holding deposit will be retained for lost rental damages. Damages will be calculated based on the number of days the property was removed from the rental market. Said damages are not a penalty. Damages represent a fair and reasonable cost that the landlord has and will incur as a result of applicant’s failure to timely enter in to a lease agreement for the subject property. Landlord agrees to refund the balance of the holding deposit, if any, within 10 business days of the applicant’s failure to execute the lease agreement.

Consent

Applicant must authorize us to check applicant’s credit history, verify income and employment records, verify previous rental history, and check court records for any prior or ongoing landlord/tenant litigation, or criminal proceedings. An applicant, if approved, shall grant us permission to rate and report applicant’s performance as tenant to a licensed reporting and/or credit agencies, as per Terms of Application Agreement and Lease Agreement.

Public Records

Our policy distinguishes between criminal conduct that indicates a demonstrable risk to the property and/or resident safety and criminal conduct that does not. In the case of a record of conviction, as opposed to an arrest, our policy and practice takes into consideration and is reasonable in terms of the severity of the conviction (i.e violent vs. nonviolent) and when the conviction occurred.