Rental Policy

RENTAL POLICY

This Community does not discriminate on the basis of race, color, religion, sex, disability, familial status, or national origin. Applicants for apartment homes will be accepted on a first come, first serve basis and subject to the availability of apartment type requested. Rental application is to be completed by each applicant. Any omissions or falsification may result in rejection of application or termination of lease. A U.S. Government issued photo identification such as a drivers license or military ID will be required for identification. All applicants/leaseholders must be a minimum of 19 years of age. Any application not submitted in person must be notarized. Applicants must have a valid Social Security Number. For non US citizens, a passport may be used.

In the event that a guarantor is permitted, as in the case of students, the guarantor will be fully responsible for the lease if the occupying resident defaults. Guarantors are not permitted if the applicant is declined due to unsatisfactory credit or if the occupying party does not receive a preferable reference from previous landlord. Guarantors must make five (5) times the monthly market rent as income. All bankruptcies must be discharged for 12 months.

When considering an applicant for residency several personal categories will be carefully reviewed using a variety of sources. Categories include, but are not limited to:

CREDIT

Satisfactory credit verifiable through Rent Grow or First Advantage. All bankruptcies must be discharged for 12 months.

EMPLOYMENT HISTORY

Verifiable through employer inquiry or notarized offer letter of employment on employers letterhead.

RENTAL/MORTGAGE HISTORY

One year previous rental history verifiable through landlord and/or mortgage inquiry.

INCOME

Verified by current paycheck stubs equal to one months salary, a W-2 or previous years tax return, or by a certified letter or statement for retirement and bank accounts. (A verifiable source of income equal to a minimum of three (3) times the market rental rate is mandatory to be approved. Guarantors must make five (5) times the monthly market rent as income.)

Applicants applying alone may be eligible to qualify at two and a half (2.5) times the market rental rate, provided that all other credit screening criteria are met and applicant is approved by management. Applicants must provide a verifiable source of income equal to two and a half (2.5) times the market rent and must obtain a policy with TheGuarantors that provides a security deposit of 1 months rent and 4 months additional rent coverage to qualify.

Non-married applicants applying with a roommate may be eligible to combine incomes to meet requirements, provided that all other credit screening criteria are met and applicants are approved by management. Roommate applicants must provide verifiable sources of income that, when combined, are equal to five (5) times the monthly market rent. Each roommate applicant must make a minimum of two (2) times the monthly market rent. In addition, the roommate applicants must obtain a policy with TheGuarantors that provides a security deposit of 1 months rent and 4 months additional rent coverage to qualify.

CRIMINAL BACKGROUND

A criminal background history will be conducted on anyone over the age of 18 that will reside in the household. Anyone having a felony charge, drug related misdemeanor and/or felony conviction will not qualify for an apartment. Any other criminal activity will be left to the discretion of management.