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Application
Fees:
There is a $50 non-refundable application fee for each tenant and each
Lease Guarantee 18 years of age or older unless married. There is a
$75 non-refundable application fee for Married tenants applying together
and married Lease Guarantees applying together.
Security Deposits:
Any/all security deposits must be paid upfront in full before verification
of any/all lease applications will begin. All deposits must be paid
in cashier’s check or money order only.
Employment:
A single tenant or a married
couple living together:
The total verifiable income must be at least 3.5 times the monthly rent.
Multiple tenants or roommates:
Each tenant must make a verifiable income of at least 2 times the monthly
rent unless married. A married couple living together must have a combined
income of at least 2.5 times the monthly rent as long as there is at
least one other tenant or roommate.
Lease Guarantee:
The total verifiable income must be at least 6 times the monthly rent.
Rental/Mortgage History:
Each tenant must have at least 2 years rental history and be in good
standing with any/all landlords. Any/all late charges, NSF charges,
and/or deductions from returned security deposits may be held against
you.
Credit History:
Each tenant must have at least 2 years credit history and be in good
standing with any/all creditors. Any/all past due or late payments reported
may be held against you.
Proper Identification:
Each tenant must provide identification before any/all tenants will
be approved. Landlord’s representative will photo copy each identification
for file.
Exceptions to the above:
If any/all of the applicants do not meet any/all of the above criteria,
a Lease Guarantee and/or additional security deposit may need to be
applied to get approved. This is determined on a case-by-case basis.
By signing below, all applicants
have agreed to and understand the above requirements.
Applicants(s):
______________________________________________ Date: ________
Landlord’s Representative(s):
__________________________________ Date: ________ |
