SRAV LLC

Rental Application: 2817 12th Ave, Texas City, TX 77590

Application Criteria

Application and Notification

An application must be completed for each occupant 18 years of age or older, and any occupants under the age of 18 and deemed an adult under applicable law.
A non-refundable application fee must be paid by each Applicant before an application will be processed.
All Applicants are required to present a valid government-issued identification.
An application does not constitute a lease agreement or offer to lease. No lease shall exist unless and until Landlord and Applicant execute a lease agreement and Applicant pays all required funds.
Falsification of any information on an application may result in Applicant’s automatic denial. If an Applicant is denied for falsifying paperwork, Landlord may retain all deposits and fees paid.
The first Applicant to complete and submit the Application and all Application fees, pass the verification process, and pay all required deposits will be accepted.
Notifications of acceptance or denial will be made by email to the email address provided on your Application. Denials will include information regarding the credit and background check provider.

Equal Housing

● Landlord is committed to providing equal housing opportunities to all Applicants regardless of race, color, religion, national origin, sex, handicap, family status, or other protected class status under applicable law.

Website

● Home details on Landlord’s website are offered for illustrative purposes only. Actual home details may vary. Applicants should verify all information and property conditions before lease execution.

Property Information

This criteria is for the rental property listed on this website, a property owned by SRAV LLC, a Texas Limited Liability Company.

Smoking is not allowed inside the property.

Rental History Criteria

At this property we require that the tenant have no evictions on record. If overall rental history is less than 36 months this might result in denial of the rental property, an increased security deposit or a co-signer being required.

The following items can be considered a deniable factor:

1 or more late rent payments on record in a 12 month period
Broken lease agreements with previous landlords
Inaccuracy or falsification of the rental application
Prior evictions may result in an automatic denial of your application.
Applicants may be denied for an outstanding debt or judgment to any prior landlord.

Income Requirement Criteria:

This property requires that the tenant doesn’t spend more than 33% of their gross monthly income on rent (3x ratio).

If the applicant doesn’t meet this standard rent to income criteria, this will result in denial of the rental property, an increased security deposit or the requirement of a co-signer.

If a household has more than three (3) Applicants, Landlord will use only the two (2) highest incomes in calculating the combined household income.

The following items can be considered a deniable factor:

Lack of proof of income
Falsification of income
Cannot meet income requirements
Final recommendation will also be dependent on income, rental and employment history

Guarantor

A Guarantor must submit an application and pay a non-refundable application fee, if applicable.
Landlord allows only one Guarantor per household.
A Guarantor is subject to the same qualification requirements as an Applicant but must have an income of four (4.0) times the monthly rent.
A Guarantor will be required to sign the lease.

Employment History Criteria:

This property requires 3 months of employment with the current employer or in the same line of work.

If the tenant cannot meet these standards, an increase of the security deposit might be required.

Possible exceptions to the employment criteria include the following:

Retired or self-employed applicants will require most recent tax returns or three months of bank statements to verify income
Military personnel will be required to provide L.E.S. for proof of employment
Employment requirements will be waived for international students. An I20 will be required for verification
Final recommendation will also be dependent on income, rental and employment history

Credit History Criteria

Various factors from the credit report are used as screening criteria including the following:

This property requires a 520 or above credit score. If the tenant has a score below this, it might result in an increased deposit or cosigner requirement.
A bankruptcy discharge might result in an increased deposit.
A paid rental collection and/or judgment might result in an increased deposit
Final recommendation will also be dependent on income, rental and employment history.

Deniable factors include:

Unpaid rental collection or judgment(s), Unverifiable Social Security Number, Open Bankruptcy
Judgements and/or liens in excess of $1000

Public Records Criteria

A criminal and eviction background check will be completed for each Applicant.
In evaluating an Applicant’s criminal history, Landlord will conduct an assessment of the risk to persons or property posed by an Applicant that may consider: (1) the type of crime; (2) the severity of the crime; (3) the facts or circumstances surrounding the crime; (4) the length of time that has passed since the crime; (5) the age of the Applicant at the time of the crime; and (6) evidence of rehabilitation efforts.
Landlord will not deny an Applicant solely on the basis of arrests or pending criminal actions.
Denied Applicants may petition Landlord for reconsideration by providing additional information to assist Landlord in its review of criminal history.

Pets

No more than three pets are allowed in this house.
Pets exceeding 65 pounds are not permitted without Landlord’s prior written approval. Certain dog breeds are not permitted, including: Pit Bulls, Staffordshire Terriers, Rottweilers, German Shepherds, Chow Chows, Doberman Pinschers, Akitas, Wolf-hybrids, and any mix containing one of these breeds.
A non-refundable pet fee of $300(+$20 annual screening fee) per pet will be due at the same time as the first rent. A $25 pet rent per month per pet will be added to the monthly rent.
Assistive animals for persons with disabilities are not considered to be pets and are not subject to the above pet restrictions. Assistive animals require Landlord’s advance written approval.
Livestock or poisonous, or exotic animals are not permitted.
Aquariums may be permitted, subject to a 20-gallon maximum with Landlords prior written approval.
Rodents (mouse, hamster, rabbit,, etc.) are not permitted.
All residents will need to register annually on our Pet Policy screening website (free if you have no pets, small annual fees for pet owners)

Vehicles

No more than four vehicles are permitted.
All vehicles must park in the designated parking area, and/or at the curb in front of the property

Vehicles must be operational and have current registrations.
Boats and trailers are not allowed without Landlord’s prior written approval.

Renter’s Insurance

Landlord requires that residents obtain renter’s insurance for casualties such as fire, flood, water damage, theft, and general liability. Renter’s insurance should have a minimum of $100,000 of liability coverage with Landlord identified as an Additional Insured (or other appropriate designation as available)