STATEMENT OF RENTAL POLICY

AVAILABILITY

• Based on the availability of specific apartments

Rental Applications

• To be completed by all applicants or co-signers. A non-refundable application is paid for each.

OCCUPANCY:

• Maximum of two persons in a studio apartment.
• Maximum of two persons in a one-bedroom apartment.
• Maximum of four persons in a two-bedroom apartment.
• An additional minor child being twelve (24) months of age or less who occupies the same bedroom with the child’s parent, guardian, legal custodian, or person applying for the status during the term of lease, will be permitted in addition to the number of occupants defined in the paragraphs above. The birth certificate for the newborn must be submitted with the application for rental.

PETS:

• Cats and dogs, not to exceed 75 pounds will be accepted with an addition deposit, pet fee and monthly pet rent. Residents will not be allowed to have a dog that is a Rottweiler, Pit Bull, Doberman, Malamute, Akita, Bull Terrier, wolf-dog hybrid, Chow-Chow, Great Dane and any dog that the manager believes is a cross breed or in relation to any of these breeds. Fish tanks up to 20 gallons and caged birds will be accepted if registered and approved by the management. No other pets will be allowed including but not limited to reptiles, ferrets, pot belly pigs and rodents. Violations of this policy will result in fines as outlined in the lease contract.

VEHICLES:

• No recreational or commercial vehicles will be allowed. No trailers or storage pods of any kind allowed. Vehicles parked in our community are required to have valid registration and current expiration stickers. Storage of vehicles is strictly prohibited, vehicles must move daily. Vehicles that are deemed to be in violation of these parking guidelines may be towed at the vehicle owner’s expense. The management reserves the right to limit or disallow cars and motorcycles as well as to change or amend these policies at any time.

CREDIT BUREAU:

• No established credit will be considered satisfactory. Applicants with bankruptcies in the last 60 months may be approved with an additional deposit. If an agreement for a payment plan has been arranged on an outstanding debt, then proper documentation must be provided. If an eviction reflects, the applicant will be automatically declined. Applicant must not have any outstanding debt to a previous landlord. Applicant must not have outstanding debt to any electric, gas, or water utility company. Applicant must have less than three credit accounts rated three or higher within the last 24 months. When management notifies the applicant of debts that need to be satisfied, the applicant has 48 hours to make arrangements or the apartment reserved will go back on the market. All negative accounts that have been paid in full or have payment arrangements must be verified by written documentation.

CRIMINAL OFFENSES:

• A criminal background check will be performed on all occupants aged 18 and over. Applications will be rejected for felonies, sex related crimes, or crimes against a person.

INCOME:

• All income must be verified by two most recent consecutive paycheck stubs or an intent to hire letter for new employment. Scholarships, study subsidies and/or inconsistent income such as alimony, commissions, or tips will require additional verification. Self-employed applicants must provide the previous year’s tax return. Unemployed applicants or those not meeting the income requirement may provide documentation in form of a bank statement, IRA, or trust fund reflecting a balance equal to 3 times the amount of the yearly rent.

EMPLOYMENT:

• Monthly rent shall not exceed 33% of combined gross monthly income of all residents. Applicants must provide proof of employment. New employment may be verified with intent to hire letter. Self-employed applicants will be required to provide either the previous year tax return or bank statements for the last full month.

RENTAL HISTORY:

• No bad rental history will be accepted. No rental history is considered positive rental history.

CO-SIGNERS:

• Due to lack of applicant’s employment history or insufficient income; a lease guarantor may be allowed at the manager’s discretion. The co-signer must complete a lease guarantor addendum and meet the qualification requirements of these guidelines. Guarantor’s income must be equal to or greater than 5 times the total monthly rent.

*We are pledged to the letter and spirit of the United States Policy for the achievement of equal housing opportunity throughout the nation. We encourage and support and affirmative advertising and marketing programs in which there are no barriers to obtaining housing because of race, color, national origin, ancestry, creed, religion, sex, physical or mental disability, marital status, and familial status (families with children under the age of 18).