RENTAL HISTORY REQUIREMENTS

Transcription

1 Rental Criteria Thank you for choosing RPM as your potential landlord. Residential Property Management strongly supports all applicable Federal and Fair Housing Laws in both spirit and practice. All policies set forth below are strictly adhered to without regard to any applicant s race, color, religion, sex, national origin, handicap, familial status or elderliness. Guidelines for acceptance of a lease agreement for all applicants are outlined below. If you feel you meet the following guidelines for qualifying, we encourage you to submit an application. Only one application will be processed at a time and applications will be processed in the order received. An incomplete application will not be considered. GENERAL REQUIREMENTS 1. Positive identification with a picture will be required. 2. Each applicant 18 or over must complete an application and pay the non-refundable credit/screening fee of $ Only approved applicants may reside in the rental property. 3. All applicants who are not citizens of the United States must provide acceptable proof of U.S. legal permanent resident status, legal conditional resident status or legal presence in the U.S. Documents presented as proof must be original; photocopies are not acceptable. 4. Applicants must be able to enter into a legal and binding contract. 5. Incomplete, inaccurate or falsified information will be grounds for denial and termination of tenancy. It is the sole responsibility of the applicant to provide required documentation and ensure that verification (whether verbal or written) can be obtained. 6. Security deposits are due within 24 hours of application approval and will hold the rental for up to two weeks, at which time you must take possession and rent begins. CREDIT REQUIREMENTS 1. RPM will obtain a consumer credit report for each applicant and co-signer. 2. Credit reports supplied by applicants will not be accepted. 3. Credit history will be weighed in conjunction with all other rental criteria. Residential Property Management reserves the right to deny any applicant based solely on a history of delinquent credit activity. 4. Discharged bankruptcies will be considered. 5. Collections for utilities will be considered ground for denial. 6. Applicants with unpaid judgments will be denied. 7. If you or joint tenant lack credit history; a Co-signer* and /or Additional Deposit** may be required INCOME REQUIREMENTS 1. Each applicant (with the exception of applicants that share credit) must gross 2 times the rent per month. 2. Two years verifiable work or income history (employment and income will be verified verbally) 3. Current pay check stubs and a verbal confirmation of employment status from the employer will be required. 4. Verifiable income will be required for unemployed applicants. (Verifiable income may include but is not limited to; Trust Accounts, Social Security, Unemployment, Retirement Accounts, Welfare, Grants/Loans.) 5. Self employed applicants will be required to show proof of income through copies of 2 previous years of tax returns. 6. If applicants gross monthly income does not equal 2 times the stated monthly rent, a qualified co-signer or additional deposit may be considered. 7. You will be denied if your source of income cannot be verified. RENTAL HISTORY REQUIREMENTS 1. Two years of verifiable rental history or home ownership 2. Proper notice given to current or previous landlords 3. No judgments from a housing provider, unless proof of satisfied judgment is provided. 4. No outstanding balance owed to a housing provider regardless of reason 5. No outstanding money owed to a landlord or Property Management company 6. No evictions CRIMINAL RECORD CRITERIA 1. Upon receipt of the rental application and screening fee, landlord shall conduct a search of public records to determine whether the applicant or any proposed tenant has been convicted of any crime. 2. A conviction or convictions for any felony must be 5 years or older from date of conviction or release, whatever was later. 3. Any arrests or convictions for felonies involving drug-related crimes, weapons charges, obscenity and related violations, prostitution, sex crimes, and/or child sex crimes shall be grounds for denial. 4. Open criminal cases in the above categories or outstanding warrants for any felony or misdemeanor will result in denial of your application. ROOMMATE REQUIREMENTS 1. Any applicants that do not share joint credit will be considered roommates. 2. RPM will place a maximum of 3 roommates in a property. 3. Each Roommate will be required to individually meet the above criteria. 4. A Co-signer may be considered if the minimum income criteria cannot be met by all applicants.

2 CO-SIGNERS REQUIREMENTS 1. Co-signers must apply and pay the applicable non-refundable screening fee. 2. Co-signers gross income must be 4 times the rent per month. 3. Co-signers must meet all the above criteria 4. Co-Signers must SIGN the rental/lease agreement and addendums acknowledging their fiscal responsibilities. 5. Co-signers DO NOT have right of possession, meaning they are not given keys to the rental property and are not allowed access to the property s amenities. 6. Co-signers liability will continue for the length of the tenancy. DEPOSITS 1. Based on factors obtained during the screening process. Deposits start at the amount equivalent to one month rent, unless otherwise advertised. 2. A security deposit equivalent to one month rent is due within 2 hours of notification of acceptance of your application, and is non-refundable if you fail to occupy the rental premises. 3. Any remaining security deposits are payable in full on or before the date of move-in. 4. All deposits and move-in monies must be paid in cashier s check, money order or cash before keys are provided. PET POLICY* 1. Service and companion animals are not classified as pets and are exempt from certain requirements. *see management for requirements* 2. Policies on domestic pets vary from home to home. Certain owners do not permit pets, while other owners may permit only a specific type of pet. Contact the office to determine what pets if any are allowed for the property in which you are applying. 3. A picture of the pet is required prior to approval. MUST BE SUBMITTED WITH YOUR APPLICATION 4. Residential Property Management does not allow any animal whether exotic or domestic that is considered to be lethal or deadly. 5. All animals must conform to local ordinances. 6. A Refundable Additional Deposit is required for each of the following: * Cats $300 ~ Additional Cats $100 Each * Dogs under 35 lbs $400 ~ Additional Dogs $200 Each * Birds, $300 ~ Chickens, Ducks, & * Dogs lbs $600 ~ Additional Dogs $200 Each Domestic Fowl excluded *Dogs over 75 lbs subject to owner approval 7. Due to Insurance Limitations, the following breeds or evidence of these breeds in their lineage are restricted: *Pit Bull *Rottweiler *Chow Chow *Doberman Pincher *German Sheppard *American Staffordshire Terrier *Mastiff *Akita *Bull Mastiff *Husky *Presa Canario *Malamute *Coyote *Wolf *Dingo * American Bulldog 8. Pet policies are strictly enforced, and any breach will be grounds for termination of your lease. 9. Tenants will be evicted for misrepresenting the breed of their dog or for the possession of poisonous, dangerous, illegal pets, or endangered species. 10. All birds must be confined in cages and not allowed to reside outside their cage. 11. No ferrets, rodents, or other mammals in the weasel family are permitted as pets. 12. Fish tanks &Aquariums greater than a 10 gallon capacity are not permitted. 13. A monthly pet fee of $10.00 will be assessed in addition to monthly rent. 14. At the 6 month mark of residency a pet inspection of the home will be completed at a onetime non-refundable fee of $ ADDITIONAL INFORMATION 1. There is a onetime document preparation/account set up fee of $95.00 due at time of move in. 2. Lease signings are by appointment only and must be arranged in advance. 3. All our properties are non-smoking. 4. ABSOLUTELY NO PERSONAL CHECKS ACCEPTED FOR MOVE IN Submission Checklist Completed and signed Application 3 Most current pay stubs/proof of Income Government issued Photo ID $35.00 Screening fee for each Applicant Photo of Pet(s) I have read, understand and agree to abide by the qualifications for the application process. I understand that if my application is not approved I will forfeit my application fee. I hereby affirm that I have read and reviewed a copy of the Rental Criteria and application. I understand that a signed, executed copy of the Lease Agreement and Addendums will be given to me upon taking occupancy. Applicant Applicant Disclosure: If you have interest in knowing the location of sex offenders in relation to a rental property of interest, it is your responsibility and not the management company to do the research. This information can be obtained from local law enforcement agencies. Revised / /2013

3 Application for Rental Residential Property Management Any applicant over 18 years old, 8310 W. Ustick Rd, # 100, Boise ID who doesn t share credit history, Fax: Tel: must apply separately. PLEASE TELL US ABOUT YOURSELF (2 years residence info needed) Name of Applicant of birth Social Security # Driver s License# Name of Spouse of birth Social Security # Driver s License# Applicant s Present Address City State ZIP Cell/Telephone # Present Landlord Telephone # Monthly Payment How Long? Reason For Leaving Applicant s Previous Address City State ZIP Telephone # Previous Landlord Telephone # Monthly Payment How Long? Reason For Leaving Have you ever been evicted? YES NO Have you ever broken a rental contract? YES NO Have you ever been convicted of a Felony? YES NO If YES, explain below Make of Vehicle Year License # State Other vehicles (Truck, RV, Motorcycle) Make of Vehicle Year License # State Other vehicles (Truck, RV, Motorcycle) Pets (Keeping of Pets requires a deposit and owner s consent) Name: Sex Breed Color Weight Age Name: Sex Breed Color Weight Age PLEASE TELL US ABOUT YOUR JOB (2 years required) Applicant s Current Employer Occupation Supervisor Telephone # Applicant s Former Employer Occupation Supervisor How Long? Spouse s Current Employer Occupation Supervisor Telephone #

4 Spouse s Former Employer Occupation Supervisor How Long? Other Sources of Income Amount When Received PLEASE TELL US ABOUT YOUR BANK REFERENCES Checking Savings Bank Name Address Account Number Checking Savings Bank Name Address Account Number Other Occupants Residents Under 18 Name of Birth Name of Birth Name of Birth Name of Birth In Case of Emergency, Notify: Name Phone Number Address City State ZIP Relationship INITIAL Applicant represents that statements above made are true and correct and hereby authorizes verification of references to include but not limited to credit checks, unlawful detainer checks and telecredit checks and agrees to furnish additional credit references on request, and waives any claim against any person(s) providing such verification. Applicants understand the Security Deposit must be paid within 24 hours of approval and is NON REFUNDABLE if the applicant does not choose to occupy the property. Rent will begin no later than 2 weeks after the application is approved or upon occupancy. Applicants Signature: d: Spouse s Signature: d: Address applying for: Property # Approved: : Please tell us how you heard about this rental Sign in yard RPM website Other website * DID YOU REMEMBER TO INCLUDE * Non-refundable Application Fee of $35 per applicant over most recent pay stubs (or tax returns from current and prior year if self employed) one fully completed application form per person, or 1 per married couple. reliable names and telephone numbers for verifications Photo of Pet

5 Residential Property Management 8310 W. Ustick Rd, # 100, Boise ID Fax: Tel: Rental Verification ( o not complete: sign authorization below only) Applicants Name Landlords NAME telephone # Address rented Move in : Move Out : Lease Fulfilled? yes no 30- day notice given yes no Eviction started? yes no unit left clean when vacated? yes no Monthly Rent Payment Did they pay timely? yes no Number of NSF checks: Number of times Late Would you rent to them again? yes no Did they have pets? yes no If yes, what type? Would you give the pet a good reference? yes no Damage by pet? yes no If yes, please explain Comments: Authorization: I authorize RPM to verify the above information including, but not limited to, the obtaining of a credit report and agree to furnish additional information upon request. Signature of Applicant

6 Employment Verification Applicants Name Please verify past two years employment Residential Property Management 8310 W. Ustick Rd, # 100, Boise ID Fax: Tel: (do not complete: sign authorizations below only) Employers NAME Name of person you spoke with: telephone # Position: How long have they been employed : thru Hourly Rate Monthly Wage Comments: Hourly Rate x 40 hours x 52 weeks = by 12 = Rent x 2 = Note: Verified monthly income must be 2 x s the amount of the monthly rent Authorization: I authorize RPM to verify the above information including, but not limited to, the obtaining of a credit report and agree to furnish additional information upon request. Signature of applicant Applicant s Name Please verify past two years employment Employers NAME Name of person you spoke with: telephone # Position: How long have they been employed : thru Hourly Rate Monthly Wage Comments: Hourly Rate x 40 hours x 52 weeks = by 12 = Rent x 2 = Note: Verified monthly income must be 2 x s the amount of the monthly rent Authorization: I authorize RPM to verify the above information including, but not limited to, the obtaining of a credit report and agree to furnish additional information upon request. Signature of 2 nd Applicant (SPOUSE)