INCOME:

For income verification, single or married residents must demonstrate a gross income of at least three times the monthly rent. Roommates must collectively meet this requirement. Various income sources such as allowances, alimony, and child support necessitate verification.

Income from additional occupants will not be factored into the income assessment. Paycheck stubs serve as acceptable proof of employment and income.

Self-employed individuals should provide the previous year's personal income tax return and the preceding two months' personal bank statements to substantiate their income. Those employed under commission-based or combination salary structures are also classified as self-employed.

All credible income sources, including child support, social security, pensions, and automatic deposits, will be considered. Savings accounts or certificates of deposit with a balance equivalent to three times the yearly rental rate may also be deemed adequate income, subject to owner approval.

Cancelled checks that establish consistent financial support patterns, such as transfers between family members, are acceptable forms of verification.

CREDIT:

Regarding credit history, no more than three negative items reported as overdue or sent to collections within the last two years are permissible. Bankruptcies that have been discharged and foreclosures will be considered, with credit history post-foreclosure being evaluated for a minimum of two years.

Medical expenses and student loans are not factored into credit assessments. Any outstanding judgments from utility providers must be settled.

Credit reports serve as additional verification sources for address, social security, mortgage, and employment history. International applicants may provide a valid passport in place of U.S. residential history or credit reports, though a higher deposit may be required. A credit report with a social security number will still be obtained for international applicants.

Tenants with credit scores below 599 will be subject to a monthly "risk mitigation fee" as part of the leasing agreement.

RESIDENCE:

Residential history must demonstrate consistent adherence to rental obligations, including timely payments, proper notice before vacating, and commendable conduct for a minimum of one year. Prior rental experience is not mandatory; first-time renters are welcome, albeit with potentially increased deposits or the inclusion of co-signers. Any past residential record should be free of negative remarks, which encompass:

·         Court-filed evictions for lease violations.

·         Repeated instances of late payments or bounced checks.

·         Outstanding balances post-move-out, unless settled thereafter.

·         Official reports of disturbances, unauthorized occupants, or breaches of lease terms.

If renting from an individual or family owner, applicants must furnish a notarized statement detailing the duration of occupancy, monthly payments, and current account status. Additional security deposits might be requested as necessary.

EMPLOYMENT:

A consistent work history and proof of income spanning at least one year from either current or previous employment are required. However, the duration of employment alone is not the sole qualifying factor. If the employer confirms the applicant's current or imminent employment status, they are considered eligible. A letter of intent to hire may be requested if employment has not yet commenced. Verbal confirmation, along with paycheck stubs, serves as acceptable validation. For self-employed individuals, personal income tax returns demonstrate income sources and amounts, while personal bank statements indicate expenditures and deposits, particularly for those newly self-employed. Retirees must provide evidence of income for the preceding year, such as personal income tax returns, W-2 forms, or documentation of pension or retirement SSI deposits. Additional security deposits may be necessary in certain circumstances.

 AGE:

All leaseholders must be at least 18 years old. Each adult occupant must complete an application and screening process.

CRIMINAL:

No prospective tenant shall have been indicted, arraigned, convicted, or had adjudication deferred for offenses related to property, assault, illegal drug manufacturing and/or sale, sexual misconduct, or any other behavior posing a potential risk of harm to the property, its inhabitants, or its owners. Such offenses, regardless of the completion of any sentence or probation, may result in rejection of the application. We reserve the right to inquire about the timing and nature of any criminal activity as described above and as per public record. These criteria apply to all leaseholders and adult occupants, and any active warrant will lead to automatic denial.

OCCUPANCY:

Occupancy is limited to two persons per bedroom plus one, with exceptions for infants under six months old. All occupants must be listed on the lease agreement and approved by management.

PET POLICY:

Pets are welcome with prior written permission. All pet fees and deposits must be made before move-in. Each pet will undergo screening through petscreening.com and receive a "Paw Score" to determine monthly pet fees. The monthly pet fee will be determined by the Pay Score and any other information found in the application processing.

·         Paw Score of 5 - $20 Pet Fee

·         Paw Score of 4 - $25 Pet Fee

·         Paw Score of 3 - $30 Pet Fee

SECURITY DEPOSIT:

A security deposit is required for each property and is held for damages only. Properties are not held off the market without a security deposit.

ADDITIONAL SECURITY:

Applicants with unsatisfactory credit or rental history may be required to provide additional security in the amount of one month's rent as allowed by statute and required by management

COSIGNERS/GUARANTORS:

Cosigners may be accepted if applicants do not meet certain criteria, subject to income and credit qualifications. Cosigners must sign the lease and remain on it for the entire term. All cosigners must qualify at 5 times the monthly rental rate for income requirements. All co-signers must have an exemplary mortgage or rental reference