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Tenant Requirements

PLEASE READ THROUGH THE FOLLOWING INFORMATION IF YOU ARE INTERESTED IN ONE OF OUR PROPERTIES

A rental application must be signed and processed on all prospective occupants 18 years of age or older. A non- refundable application fee must be paid for each applicant leasing for 31 days or more. All prospective occupants will be qualified on the following four (4) criteria; 1) Income/employment 2) Credit 3) Rental history and 4) Criminal history.

  • All applicants must be 18 years of age or older.
  • All occupants 18 years of age or older must completely fill out & sign a rental application and meet our qualifying criteria. Leave No Blanks, any Blanks will result in Application being denied.
  • Each occupant, 18 years of age or older, agree to pay a $40 non-refundable application fee.

 

INCOME/EMPLOYMENT:

Gross monthly income must be three(3) times the amount of the monthly rent. Occupants income may be combined to meet the requirement. If employment income does not meet the criteria, documentation of other supplemental income must be provided (i.e. savings, stocks/bonds, social security, trust fund income, educational grants, etc.) Need to Supply Seasoned and/or Sourced Documentation of Supplemental Income with Application.

Employment must be current and verifiable.

Other verifiable income equaling three (3) times annual monthly rent.

Verifiable income includes as confirmed by employer, trust officer, tax returns, or other satisfactory

documentation as required.

In a Roommate situation, the three (3) times Income requirement can be split among the Roommates or met by

atlas one.

RESIDENCY: Rental history will be verified for each applicant.

No more than (2) late Rent payments in a 12-month period.

No more than one (1) NSF Rent Payment in a 12-month period.

No non-compliance issues that resulted in non-renewal or eviction

CREDIT: A credit report will be processed on each applicant.

No credit history will be counted as good credit.

BANKRUPTCY: Chapter 7 must be Discharged with a date over 30 days from Application. Applicant to supply a copy

of Discharge Letter with Application. Chapter 13 must have an Order Date from the Court with a date of One (1)

Year from Application.

Medical, Dental and Student loans will not be taken into account.

Rental/Pet Qualification Acknowledgement 1 Initials 4/27/16

Criminal History:

Not only must Applicant must have acceptable credit history, additionally, all Applicants must meet our Criminal History Criteria. Applicants that are registered sex offenders will be denied. Applicants must have no felony convictions less than 10 years old that involve violent crimes against persons or property, including but not limited to murder, arson, kidnapping, assault, bomb related offenses, robbery or burglary, terrorism OR that involve the manufacturing or distribution of drugs in any manner. All other felony convictions must be more than 5 years old. Conviction of any drug related offenses involving possession only, or alcohol related offenses where no one was permanently injured or killed, must be at least 2 years old. Successful completion of any felony sentence at least 2 years ago and no new criminal activity for at least 2 years before this application is also required. No Applicant with any outstanding warrants or crime that is awaiting trial will be accepted.

If the Applicant would like management to review additional information regarding the felony conviction or the current arrest or warrant as part of their rental application, the Applicant is permitted to submit that information to management along with their application and Management will review that information on a case by case basis.

APPLICANTS WILL BE DENIED FOR THE FOLLOWING REASONS:

Prior or pending eviction

Outstanding Monies owed to an apartment community or landlord

Pending Chapter 7 Bankruptcy/Non Discharged/Discharged less than 30 Days from Application.

Pending Chapter 13/Non Ordered Date less than 1 Year from Application.

Not Meeting Criminal History Requirements as Described above

Falsifying information on application

If an applicant fails to meet any of the above four (4) criteria, he/she may be asked to pay additional security deposit up to, but not exceeding 1 1/2 times the rent or given the option of obtaining a co-signer. If the applicant fails to meet two of the four criteria, applicant will be required to pay full 1 1/2 times the month rent in security deposit AND have a co-signer. Co-Signer Must Apply and Meet Rental Qualifications.

Equal Opportunity Housing: Keller Williams Realty Professional Partners does not and will not discriminate against any person based on race, color, religion, sex, handicap, familial status, national origin, or sexual orientation.