Leasing Fees & Screening Criteria

Failure to fill out all sections of this form may result in the denial of your application. Providing false or misleading information could result in denial of your rental application or termination of your rental contract. It is our policy to disapprove the application of any person who could represent a threat to the health, safety, and welfare of the other residents, occupants, visitors, and staff of the apartment community. Inappropriate or abusive conduct during the application process by the applicant or those desiring to rent an apartment will result in denial of the rental application. The application fee represents our actual costs incurred in using a resident screening service or, if we conduct our own screening of residents, our actual costs of doing so. If we do not engage in resident screening, no application fee will be charged. In addition to any application fee, you have delivered to our representative a holding deposit. The holding deposit is not a security deposit. However, it will be credited toward the required security deposit when the lease contract has been signed by all parties; OR it may be refunded in the amount remaining after the time the unit was held off the market is covered if you are not approved. If you and all co-applicants have already signed the lease contract when we approve the application, our representative will notify you (or one of you if there are co-applicants) of our approval, sign the lease contract, and then credit the application deposit of all applicants toward the required security deposit. If you and all co-applicants have not signed the lease contract when we approve the application, our representative will notify you (or one of you if there are co-applicants) of the approval, sign the lease contract when you and all co-applicants have signed, and then credit the application deposit of all applicants toward the required security deposit. Unless we authorize otherwise in writing, you and all co-applicants must sign the lease contract within 3 days after we give you our approval in person or by telephone or within 5 days after we mail you our approval. The time frame may be modified as required by the applicable affordable housing program requirements. The amount will begin to be charged on the date this agreement is signed, and will end on either the date we put the unit back on the market OR the date a replacement tenant begins paying rent for the premises reserved for you. We will keep this amount from the application deposit to satisfy this amount. We will notify you whether you’ve been approved within 10 days after the date we receive a completed application. Your application will be considered “disapproved” if we fail to notify you of your approval within 10 days after we have received a completed application. Notification may be in person or by mail or telephone unless you have requested that notification be by mail. You must not assume approval until you receive actual notice of approval. The 10-day, time period may be changed only by separate written agreement. If you or any co-applicant is disapproved or deemed disapproved we may refund all application deposits within 30 days of such disapproval. Refund checks may be made payable to all co-applicants and mailed to one applicant. Applicant understands and agrees that the rental application will be reviewed using business judgment, decisional criteria, a point scoring system by a third-party screening vendor or a combination of those systems. In order to qualify for housing, the applicant must have good rental and credit histories. Applicant must demonstrate the financial ability to afford the apartment under Management’s rental qualification criteria. A co-signor or guarantor is not a substitute for unacceptable rental and credit histories. Poor rental history because of disapproval of co-signor’s, roommate’s, or guarantor’s application or because of a prior history of late payments, lease violations, failure to give proper notice, or damages exceeding normal wear and tear may result in denial of the applicant’s rental application. However, the lack of a rental history may not necessarily result in a denial of the application. While co-applicants (either as spouses or roommates), co-signor, and guarantors may be allowed in order to meet the rental qualifications, each of those persons must meet the rental qualification criteria applicable to his or her particular rental application circumstances. Applicant must demonstrate a certain earning level or source of income, savings or assets sufficient to insure the ability of the applicant to pay the monthly rent and living expenses, taking into account any revolving, recurring, or monthly debt from credit cards and loans. The above information is complete and correct. I understand that Management will rely on the information provided in making a decision to accept, conditionally accept, or deny my rental application. Applicant authorizes Management and its agents to verify the information provided by obtaining my credit file, rental history, employment information, and contacting my current and former employers and landlords. Applicant releases Management and any third parties who provide information to verify this application from all liability, claims, and lawsuits with regard to the information obtained, regardless of the source. Applicant agrees to indemnify and hold harmless Management, its agents, current or prior landlord, current or prior employer, and all other persons whomsoever who provide information, regardless of whether the information provided is
negative.