1) Rental History Verification
To complete this rental application, you must be prepared to provide up to 3 years of residential history as well as contact information for your rental references. You will also be asked to provide information on your monthly income. Each resident over the age of 18 must submit a separate rental application.
2) Security Deposit Requirement
Industry standard for security deposit requirement is 1.5x the rental rate. Security deposits are due within 48 hours of lease signing. Deposits must be funded using certified funds.
3) Application Fees
Each occupant over the age of 18 must apply. Application fee of $60/adult is due at the time of application submission. Refunds are not applicable.
4) Animal Fees
Animal friendly properties require an additonal monthly fee of $35 for 1 animal, or $50 for 2 animals. A one-time non refundable pet fee of $100 is due at lease signing.
5) Resident Benefits Package Enrollment
The Real Property Management Main Resident Benefits Package (RBP) delivers savings and convenient, professional services that make taking care of your home second nature. By applying, applicant agrees to be enrolled and to pay the applicable cost of $40.95/month, payable with rent. Your RBP may include, subject to property mechanicals or other limitations: - Renters Insurance that meets all lease requirements from an A-rated carrier - HVAC air filter delivery directly to your door approximately every 90 days - A resident rewards program that helps you earn rewards for paying your rent on time - Credit building to help boost your credit score with timely rent payments - $1M Identity Protection for all adult leaseholders - 24/7 online maintenance reporting - Online portal: Access to your account, documents, communication and payment options - Vetted vendor network: we find the technicians who are reputable, licensed, and insured
6) Renter's Insurance Requirement
The Landlord requires Tenant obtain liability coverage of at least $100,000 in property damage and legal liability from an A-rated carrier and to maintain such coverage throughout the entire term of the lease agreement. Tenant is required to furnish Landlord evidence of the required insurance prior to occupancy, at the time of each lease renewal period, and upon request. .To satisfy the insurance requirement, Tenant may either (1) be automatically enrolled into a policy that satisfies the coverage requirements as part of the Resident Benefits Package; or (2) obtain alternative liability coverage from an insurer of Tenant’s choice. The option Tenant chooses will not affect whether Tenant’s lease application is approved or the terms of Tenant’s Lease.
7) Lease Generation Administration Fee
A non-refundable administration fee of $200 is due at the time of lease signing.
8) Income Requirement
Income requirements may vary by property. Inustry standard for required income is 3x the monthly rent before utility costs. Montly income is calculated based on documented combined household income. Unverified or unreported funds will not be considered.