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ALL APPLICANTS WILL BE APPROVED ON THE FOLLOWING CRITERIA
A RENTAL APPLICATION MUST BE PROCESSED ON ALL PROSPECTIVE RESIDENTS 18 YEARS OF AGE OR OLDER. A $30.00 NON-REFUNDABLE APPLICATION FEE MUST BE PAID PER APPLICANT.
1. INCOME AND EMPLOYMENT:
Gross Income must be THREE times the amount of rent. If not verifiable by employer, we require the past two (2) most recent paycheck stubs or bank statements. If self-employed, we require a copy of the previous years tax return or W-2. If retired, must provide proof of monthly income (Copies of Social Security Check, Pension Plan or Bank Statements). A prospect must have verifiable current employment history or a verifiable source of income.
2. CREDIT:
A credit report will be processed on each applicant. All applicants will be evaluated by a percentage system. The applicant cannot have 25% or more negative credit on current status of all accounts. Any accounts in default that are older than three (3) years will be waived in determining percentage of negative credit. Negative credit is defined as late payments, collection accounts and judgments. However, special consideration will be given to medical expense delinquencies, foreclosures and student loans. The credit of people who lack a credit history will be interpreted as good credit. If prospect has filed for bankruptcy and the bankruptcy has not been concluded with the courts, the application will be denied. If a prospect has filed for bankruptcy that is concluded with the courts, has either no credit history or a good credit history since the bankruptcy, they will be considered a good applicant as long as number (1) above and (3) below are satisfied. If an applicant is rejected on the basis of credit, and takes exception with the credit findings, he or she is responsible for contacting the credit bureau. The manager will provide the information on how to contact the credit bureau. If the discrepancy can be cleared up, we will consider the applicant based on the new information.
Approval will be based on credit scoring, income requirements, and a criminal background check. If the application comes back with a conditional approval, the applicant may obtain a qualified co-signer.
3. CHECK WRITING:
Positive verification of check writing is required or checks will NOT be accepted. Applicant will be required to pay all future monies due i.e. deposits and rents by certified funds only. When verifying the rental history if two (2) or more Not Sufficient Funds (NSF) checks are found the rent will be accepted in good funds only.
4. SOCIAL SECURITY NUMBER:
All lease holders, co-signers and occupants 18 and older applying for an apartment home must provide a social security number on the application provided. Should the applicants’ name not match the SSN given on the rental application, Applicant will be required to provide documentation from the Social Security Administration validating their SSN. If the applicant has a green card or a work/student visa, it must be valid through the term of the lease and must be provided prior to acceptance. The lease term will be in accordance with the expiration of the visa.
5. RESIDENTIAL HISTORY:
a. Rental History – No outstanding debt to any previous landlord. Applicants with evictions more than 7 years old will be considered.
b. Military base housing will count as rental history as long as it is verifiable.
6. AN APPLICANT WILL AUTOMATICALLY BE DENIED FOR THE FOLLOWING REASONS:
a. Anyone convicted of manufacturing and/or distributing or selling a controlled substance.
b. Falsification of any information may result in the rejection of this application.
c. A Criminal Background check will be conducted for each Applicant and Occupant over the age of 18. The application will be rejected for any of the following reported criminal related reasons that have occurred prior to the application;
1.) Any felony conviction.
2.) Any terrorist related conviction.
3.) Any misdemeanor conviction involving violent crime against persons or property.
4.) Any of the above related and/or pending charges resulting in “Adjudication Withheld”, “Deferred Adjudication” and/or probation.
5.) Active status on probation or parole resulting from any of the above.
This requirement does not constitute a guarantee or representation that residents or occupants have not been convicted of a felony or misdemeanor or are subject to deferred adjudication for such offences. Our ability to verify this information is limited to the information made available to us by the credit reporting services used.
7. AGE:
Applicants must be at least 18 years of age.
8. OCCUPANCY:
Maximum number of occupants per apartment (subject to legal limitations regarding occupancy of unrelated parties):
1 Bedroom 3 occupants
2 Bedroom 5 occupants
3 Bedroom 7 occupants
Compliance with the community’s occupancy standards must be equally applied on each apartment style. Should the apartments occupancy change in such a way that it conflicts with the allowable limit, occupants will be required to transfer to the appropriate type of apartment (at resident’s expense) when the lease expires with a good 30-day written notice and management’s written approval. This policy is in no way intended to conflict with the number of occupants legally allowed in the apartment as listed on the lease.
9. SECURITY DEPOSIT:
A security deposit is required and must be paid in full by money order, cashier’s check, or traveler’s check prior to moving into an apartment. If applicant is not approved, a check for amount of deposit will be mailed to you within 7 days. Once deposit is left on apartment the applicant has 72 hours to cancel with no deposit penalty
10. PET DEPOSIT/PET POLICY (if pets are permitted at the property):
If any city, county or state laws forbid any vicious breeds the property will abide by those laws.
11. MOVE-IN COSTS:
All deposits, fees and 1st month’s rent must be paid by money order, cashier’s check, or traveler’s checks.
12. CO-SIGNER
a. A co-signer may be offered and accepted as additional support for items one (1) and two (2).
b. The co-signer must complete an application, pay the application fee, meet all criteria (INCOME must be 4 times the amount of rent) and must sign all paperwork before the resident moves in.
c. If the prospective resident does not have income or employment at this time, but can meet the requirements in number 2 and number 5, then a co-signer will be waived as long as 2 full months rent is paid in advance.
d. If a co-signer is required he/she must meet the above criteria including a criminal background check.
Our decision was based in whole or part on the information obtained in a report from the consumer reporting agency listed below. You have rights under the Fair Credit Reporting Act to know the information contained in your file at the consumer reporting agency. Under the Fair Credit Reporting Act, you have the right to make a written request to the consumer reporting agency, no later than 60 days after you receive this notice, for disclosure of the nature of this information in the form of a free copy of your consumer credit report from the consumer reporting agency. The reporting agency played no part in our decision, and is unable to supply specific reasons why we have made this decision on your leasing application.
SKYLINE PROPERTY MANAGEMENT, INC. DOES BUSINESS IN ACCORDANCE WITH THE FEDERAL FAIR HOUSING LAW. (FAIR HOUSING ACT 1988)