Rent Qualifications

RENTAL QUALIFICATIONS
(Please read the following before completing your application.)

A Rental Application must be processed on all residents 18 years of age or older and a Non-refundable Application Fee paid by each applicant.

Please fill out the entire application as completely as possible, filling in all blanks. If a line or section does not apply write "N/A" in the blank. Please fill out an application on the website, shortly after we will contact you, then we will forward you a link to the email address provided where you can pay your application fee and authorize your Credit and Background check through FABCO.


QUALIFICATIONS

Income to Rent Standard
Household verifiable income must be 2.5 to 3 times the market rental amount. If not verifiable, we require a copy of the 2 previous years' tax returns/ W2.

Verification of Employment History
An applicant must have verifiable current employment. In the situation of a job transfer both new and previous employment will be verified. With new employment an "offer letter" will be accepted, in conjunction with the verified previous employment. There must be written record of this verification in the lease file via an employment verification signed by the employee and the employer. All self-employed applicants must provide copies of their last 2 years of tax returns.

Credit Worthiness Standard
A full credit report is obtained prior to admitting the applicant to the community. If an applicant takes exception with the credit findings, he or she is responsible for contacting the credit bureau. If this discrepancy can be cleared, the applicant will be considered on the basis of the new information. All current credit ratings must be more positive than negative. Unpaid rental related debits, more than 75% negative credit, outstanding collections, or bankruptcies in the past two years will not be accepted. Credit finding might result in a request for additional Security Deposit of up to one month's rent.

Resident History Standard
Resident history verification is completed on each applicant. We must verify at least one year of positive residency on each applicant. Rental/Home ownership history can show no unresolved debts to a previous landlord/mortgagor and compliance with all terms of the lease and community policies. Lack of sufficient history may result in the request for an additional Security Deposit or co-signer.


Criminal History
A criminal history investigation will be completed on all applicants and must reflect a positive rating. The scoring system does not distinguish between a conviction or charge. Additionally, the property staff does not have access to details regarding your criminal report, an "Accept or Decline" response is all that is revealed. The local law enforcement agency can provide you with a copy of your report should you have any questions. The following items found on a criminal report are considered an automatic decline. This is not an all inclusive list but is provided as examples of offenses that would cause a negative decision regarding your application for residency.

Drug activity: (1) possession, (2) possession with intent to manufacture, distribute, dispense (3) Hiring, soliciting, engaging, using a minor for the purpose of manufacturing/distributing/delivering.
? Theft over $300 including fraudulent checks.
? Weapons/Firearms/Handguns violations
? Sex Offenses
? Robbery
? Rape
? Murder
? Malicious Destruction of Property
? Kidnapping
? Carjacking
? Burglary
? Arson


An Applicant Will be Automatically Denied for the Following Reasons:
Falsification of any information on the Rental Application. Anyone currently in the process of filling for bankruptcy or having filed for bankruptcy in the past 2 years, and/or anyone having been evicted by a previous landlord for any cause.

Age
All applicants must be at least 18 years of age.

Security Deposit/Application Fee
A Holding Deposit is required and must be paid in full in order to hold a home off the market. This will then be converted to the Security Deposit upon move in. The Holding/Security Deposit on homes is equal to one month's market rent, and is refundable at the time of move out, as long as there are no damages or cleaning fees beyond the "Normal wear and tear", and any outstanding debt is paid in full. In addition, a Non-refundable Application Fee of for each applicant must be paid in full before an application can be approved.

If the application is approved, but the applicant fails to enter into the lease, the applicant forfeits the deposit, which will in turn be used towards lost rent.

If the application is approved, and the lease is entered into, the Security Deposit will be deposited and held in trust until the time of move out.

If the application is not approved, the Security Deposit will be mailed back to the applicant within thirty days.


Pet Fee/ Pet Deposit
A maximum of 2 pets per home, within a 50lbs. weight limit individually, will be accepted with a Non-Refundable Pet Deposit of $250.00.  The monthly rent will be increased by $25-$50 per month depending on the number/type of pets.  All pets are subject to management approval. The only exception to the pet policy will be animals designated for service to a resident with a verified disability.  No aggressive breeds will be accepted.

Rent
All rent, deposits and fees must be paid by check or money order. Under no circumstances will cash ever be accepted. Rent is due on the 1st. Rent paid after the 5th will incur a non-negotiable late fee of $50.00. All rent payments made after the 5th must be paid in certified funds and include appropriate late fee to be accepted. No partial payments will be accepted. No exceptions will be made.

Approval
Please understand that any false information deemed deliberate will result in the decline of the application. Approval of the application is at the discretion of management. We abide by the Landlord Tenant Act of Ohio, practicing under all equal opportunity housing codes and do not discriminate based on race, age, religion, familial status, color, sex, handicap, or national origin.

APPLICATION FEES:
$25.00 per adult
The application fees are non-refundable under any circumstances. The fee covers handling and the cost of processing through FABCO. No application can be processed until it has been paid. Submitting an application will not guarantee that the unit for which you are applying will be held for you. In order to find the most qualified tenant for a property, the owner reserves the right to screen a number of applicants for the same property before making any decision.