Rental Application Residents and Occupants

Each co-resident and each occupant over 18 must submit a separate application. Spouses may submit a joint application

Application Agreement

1. Application Fee (non-refundable). You have delivered to our representative an application fee in the amount indicated below, and this pay ment partially defrays the cost of administrative paperwork. It’s nonrefundable

2. Application Deposit (may or may not be refundable). In addition to any application fee, you have delivered to our representative an application deposit in the amount indicated in paragraph 13. The application deposit is not a security deposit. However, it will be credited toward the required security deposit when the Lease Agreement has been signed by all parties; OR it will be refunded under paragraph 9 if you are not approved; OR it will be retained by us as liquidated damages if you fail to sigh or attempt to withdraw under paragraph 5 or 6.

3. Approval When Lease Contract Is Signed In Advance. If you and all co-applicants have already signed the Lease Agreement when we approve the Application, our representative will notify you (or one of you if there are co-applicants) of our approval, sign the Lease Agreement, and then credit the application deposit of all applicants toward the required security deposit.

4. Approval When Lease Agreement Isn’t Yet Signed. If you and all co-applicants have not signed the Lease Agreement when we approve the Application, our representative will notify you (or one of you if there are co-applicants) of the approval, sign the Lease Agreement when you and all co-applicants have signed, and then credit the application deposit of all applicants toward the required security deposit.

5. If You Fail To Sign Lease Agreement After Approval. Unless we authorize otherwise in writing you and all co-applicants must sign the Lease Agreement within 3 days after we give you our approval in person or by telephone, or within 5 days after we mail you our approval. If you or any co-applicant fails to sign as required, we may keep the application deposit as liquidated damages, and terminate all further obligations under this Agreement.

6. If You Withdraw Before Approval. You and any co-applicants may not withdraw your Application or the application deposit. If, before signing the Lease Agreement, you or any co-applicant withdraws an application or notifies us that you’ve changed your mind about renting the dwelling unit, we’ll be entitled to retain all application deposits as liquidated damages, and the parties will then have no further obligation to each other

7. Completed Application. An Application will not be considered “completed” and will not be processed until all of the following have been provided to us (unless checked): □ a separate Application has been fully filled out and signed by you and each co-applicant;□ an application fee has been paid to us; □ an application deposit has been paid to us. If no item is checked, all are necessary for the Application to be considered completed.

8. Non-approval In Seven Days. We will notify you whether you’ve been approved within seven days after the date we receive a completed Application. Your Application will be considered “disapproved” if we fail to notify you of your approval within seven days after we have received a completed application. Notification may be in person or by mail or telephone unless you have requested that notification be by mail. You must not assume approval until you receive actual notice of approval.

9. Refund After Non-approval. If you or any co-applicant is disapproved or deemed disapproved under paragraph 8, we’ll refund all application deposits within ________ days (not to exceed 30 days; 30 days if left blank) of such disapproval. Refund checks may be made payable to all co-applicants and mailed to one applicant.

10. Extension Of Deadlines. If the deadline for signing, approving, or refunding under paragraphs 5, 8, or 9 falls on a Saturday, Sunday, or a state or federal holiday, the deadline will be extended to the end of the next day

11. Notice To Or From Co-Applicants. Any notice we give you or your co-applicant is considered notice to all co-applicants; and any notice from you or your co-applicant is considered notice from all co-applicants.

12. Keys Or Access Devices. We’ll furnish keys and / or access devices only after: (1) all parties have signed the Lease Agreement and other rental documents; and (2) all applicable rents and security deposits have been paid in full.

13. Receipt. Application fee (non-refundable): $____________ Application deposit (may or may not be refundable): $____________ Total amount of application fee and application deposit: $ ______________.

14. Signature. Our representative’s signature is consent only to the above application agreement. It does not bind us to accept applicant or to sign the proposed Lease Agreement.

ACKNOWLEDGMENT

You declare that all your statements on the first page of this Application are true and complete. You authorize us to verify same through any means, including but not limited to consumer reporting agencies and other rental housing owners. If you fail to answer any question or give false information, we may reject the application, retain all application fees and deposits as liquidated damages for our time and expense, and terminate your right of occupancy. Giving false information is a serious criminal offense. In lawsuits relating to the application or Lease Agreement, the prevailing party may recover all attorney’s fees and litigation costs from the losing party. We may at any time furnish information to consumer reporting agencies and other rental housing owners regarding your performance of your legal obligations, including both favorable and unfavorable information about your compliance with the Lease Agreement, the rules, and financial obligations.

This Rental Application and the Lease Agreement are binding legal documents when signed. Please read them carefully. Before submitting a Rental Application or signing a Lease Agreement, you my take a copy of these documents to review and/or consult an attorney. You are entitled to an original of the Lease Agreement after it is fully signed.

Applicant’s Signature: _________________________________________________________________ date: ____/____/______

Spouse’s Signature: ___________________________________________________________________ date: ____/____/______

Spouse’s Signature: ___________________________________________________________________ date: ____/____/______

Qualifying Criteria

We are delighted that you are interested in leasing a dwelling in our apartment community. In order to help you in making your decision, we have listed below the criteria for qualifying as a resident with us.

1. A separate rental application must be fully completed, and signed by each applicant and co-applicants over the age of 18 years.

2. Rental application must be reviewed at the time of submission to ensure we have all information needed to determine eligibility.

3. Resident must have owned a home or have a rental history for a minimum of 6 months with a management company or landlord who will verify that: i. Applicant has a good payment history; and ii. Applicant has not been evicted.

4. However, persons who are fist time renters or who have not owned a home may qualify by having the lease guaranteed by a guarantor whose monthly income is at least four times the amount of rent and meets all other qualifying criteria. Guarantor must complete and sigh guaranty agreement.

5. Family size must be appropriate for the available apartment, i.e. no more than two persons per room. Children older than six months are considered occupants of the apartment.

6. Applicant must have a work history of at least 6 months. Employment and monthly income must be verifiable. Gross monthly income must be 2.5 times monthly rent.

7. Only a relative or employer may guarantee Resident’s lease.

8. Applicant may be denied occupancy for the following reasons:

  • Falsification of application
  • Incomplete application
  • Insufficient income
  • Poor credit history (credit reports are obtained)
  • Poor rental profile (rental history reports are obtained). Rental history of:
  • Nonpayment of rent or eviction
  • Drug use
  • Poor housekeeping
  • Poor supervision of applicant’s children
  • Unruly or destructive behavior by applicant, applicant’s children, or applicant’s guests
  • Violence or threatened violence to persons or property by applicant, applicant’s children or applicant’s guests
  • Criminal history of applicant, applicant’s children, or other occupants who plan to live in the dwelling unit

We don not discriminate on the basis of race, color, creed, religion, sex, national origin, disability or familial status