Statement of Rental Criteria

A rental application must be processed on all prospective residents and occupants’ 18 years of age or older.  A non-refundable application fee will need to be paid for each application processed.

• Married couples may apply jointly.  The incomes and credit may be combined.  Only one application fee will be required for married couples.
• Roommates require multiple applications and application fees.  The credit history and income will be combined.

Income:

• Verifiable gross monthly income shall be a minimum of 2.5 times the monthly rent.
• Self-employed persons must provide at least two years prior tax returns, or other documentation satisfactory to management.
• If income qualification requirements are not met, a lease guarantor may be provided under the guidelines below for lease guarantors.

Employment:

• A prospect must have a minimum of 6 months continuous employment history (Current and immediate previous employment may be combined).
• School may be accepted as an alternative to employment history provided it can be verified.
• In the event that an applicant is a new immigrant to this country for employment opportunities or to attend school, documentation such as an I-9, passport, or other documentation satisfactory to management must be provided.

Credit:

• A credit history check will be made for all applicants and occupants age 18 and over.
• The past 2 years of credit history will be reviewed and scored upon as positive or negative.
• Fifty percent of all credit lines for the previous two years must show as paid on time or as agreed.
• If credit falls below 50% and positive verifiable rental history has been established, the applicant may pay an additional security deposit.
• Any bankruptcy must be discharged prior to application for rental.  Credit will be reviewed and scored upon from the discharge date, provided the applicant meets all other qualification guidelines.  An additional deposit or a qualified co-signer may be required if credit history has not been re-established since the discharge date.
• All applicants will be denied if the person has unpaid tax liens or unpaid civil judgments unless proof of current payments can be provided.
• Student and medical loans will not be considered.
• Rental history will be verified on all applicants and occupants (18 and over).
• Each applicant must have positive rental history.  No more than three late payments in a twelve-month period including NSF checks provided all additional fees were paid.  Late rent is defined as any rent paid after the 3rd day of the month.
• Negative rental history will only be accepted if move-out was more than 3 years,  full restitution has been made and positive, verifiable rental history has been established since that time.
• If the applicant has rented from an individual, they must provide copies of cancelled checks or money orders and proof of utilities in the applicant’s name to be considered for rental history.

Lease Guarantor:

A lease guarantor will be allowed if a prospective resident does not meet the qualifications above due to lack of rental history or below the income requirement.  A LEASE GUARANTOR WILL NOT BE ACCEPTED IF THE APPLICANT HAS NEGATIVE RENTAL HISTORY. 

• A lease guarantor must provide verifiable gross monthly income of at least 5 times the rental amount.
• A lease guarantor must qualify with positive rental history, positive employment history and a credit rating percentage of at least 75%. 
• A lease guarantor must complete a Lease Guarantor application and pay application fees due.

Maximum Occupancy
 *      2 persons of familial status or 2 persons in a one bedroom apartment
         *      3 persons of familial status or 3 persons in a one bedroom/den, study, loft, sunroom apartment.
 *      4 persons of familial status or 4 persons in a two bedroom apartment
       *      Infants under the age of 2 years at the time of move in may be added to any of the above occupancy requirements.

Age
Lessor must be classified as an adult per State Law unless Federal Law regarding familial status applies.

Pets

* A service animal is not considered a pet and the following conditions do not apply

•         No more than two pets will be allowed per apartment.
•         A separate deposit and fee will be required for any animal permitted to the property.  Pet fees must be paid in full at the time of move in.  Pet deposits may have a payment arrangement made, however, if a payment is missed or is late, the pet deposit will be accelerated and due payable in full.
•         All pets must be on a pet lease, and follow all polices and procedures of the lease contract.
•         Acceptable pets include cats, birds and dogs only.

DOGS:  The following full or mixed breeds of dogs will only be accepted with a letter of recommendation from the animal veterinarian:, Chow, Dalmatian, Doberman Pincher, German Shepherd, Pit Bull (Staffordshire Terrier), Rottweiler, Mastiffs, Huskies, Malamutes, Akita, Saint Bernard, and Great Dane.  These breeds must be covered under the resident’s insurance policy.

• A photo of the animal is required at the time of move in.

Criminal History

• Applicants must provide information concerning criminal convictions.
• A limited criminal history background check will be performed on all applicants and occupants age 18 or over at the time of application.  
• An applicant will be automatically denied if the applicant has broken any lease contract where full restitution has not been made to the management.
• An applicant will automatically be denied for any falsification on the application and all security deposits, application deposits, and application fees will be forfeited.
• An applicant will automatically be denied if applicant or occupant has ever been convicted or in some cases arrested (when case has not been determined) for a felony or misdemeanor offense involving violence, crimes against persons, illegal drugs, burglary, and in some cases theft, or any crime involving a minor that resulted in conviction, probation, deferred adjudication court ordered community supervision or pretrial diversion.

EQUAL HOUSING

• Non-discrimination on the basis of race, color, religion, sex, national origin, familial status,  or handicap is the comprehensive policy of this community.