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Property Rentals - Application and Payment Procedures Application Process: 1. The application form must be complete. Information must be provided for both husband and wife, even though only one will be named on the lease. Application information will be provided for EVERYONE over 18 years of age who will live in the property. 2. In most cases, a married couple will require only one credit report ordered, usually on the husband. However, if they have been married for less than a year, BOTH must have credit checked. Unmarried couples, roommates, etc., EACH require a credit report. EVERY credit report ordered requires a separate, non-refundable $35 fee. 3. A copy of the driver´s license (or state photo ID if no drivers license is held) of EVERY person over 18 who will live in the property will be a part of the application - no exceptions. 4. Verifications will be completed for employment and current and previous residence. No application will be approved without these references, and phone numbers will be verified. If phone numbers given are non-working, consideration of the application will cease until valid, verified numbers are obtained. Applicants should know that our check includes both credit AND rental history as well as criminal. If it is determined that false information has been given as part of the application, consideration will immediately be terminated and the application denied. Past eviction is cause for denial, and rental pay history will be strongly considered. If we rent after determining there is a poor pay history, we may require a higher deposit. Payment Policies: 1. NO PERSONAL CHECKS WILL BE ACCEPTED FOR THE APPLICATION FEE, SECURITY DEPOSIT OR FIRST MONTH´S RENT. 2. In most cases, the full deposit will be required with the lease. We DISCOURAGE splitting of deposits. However, in special cases we may allow a minimum of half the deposit to be paid with the lease, with the balance to be paid no later than the date the second month´s rent is due. 3. If a check is returned or placed on hold by the bank, NO future checks will be accepted from that tenant. 4. No check will be accepted from any person for whom we do not have application information on file. 5. No third party, payroll, or post-dated checks will be accepted. 6. Payments may be made to the drop box on Belt Line only in cases of on-time or early month payments. The box WILL NOT be checked for late payments. Late payers must contact Buddy directly to arrange for personal payment. 7. Checks will not be accepted for payments made after the 15 th of the month. Consistently late payments may result in a requirement that all payments be made by certified check or money order. |