RENTAL QUALIFYING POLICIES

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Clifford Hensley
5 years ago
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qualified persons regardless of race, color, religion, sex, nationa l origin, handicap, or famili al status and in compliance with all federal, state, and local laws.

1 c1.2rnbo1ii11 f.,ssoci?t<::s LLC RENTAL QUALIFYING POLICIES *All applicants will be considered for appro val based on the following criteria * CHAMBERLIN + ASSOCIATES Real Estate Management It is our policy to lease to qualified persons regardless of race, color, religion, sex, nationa l origin, handicap, or famili al status and in compliance with all federal, state, and local laws. Two valid forms of I from all adults desiring to submit an application for residency are required. All applicants must be of legal age (18 years or older). Each application for residency will be evaluated using the following criteria : INCOME/ASSETS: Monthly income must be a minimum of 3.0 times the monthly rental amount. This amount is based off your gross monthly income. Must have a minimum of 24 mont hs verifiab le residency. (if not a higher deposit will be required) If there is no verifiable residency a depos it equa l to one month's rent will be required. Employment must be verifiab le for a minimum of 1 year, (if not a higher deposit will be required) If the items above cannot be estab lished, a co-signe r may be required. Applicant may be denied if evicted from a prior rental within the last 2 years or has an outstanding balance wit h a prior rental. Any evict ion no matte r what the time period will require a deposit equa l to one month 's rent. The maximum person allowed per bedroom is two, plus one individual. Example: a two-bedroom apartment could have a maximum of five people residing in the apartment. Application may be denied due to credit worth iness rating. Applicant may be asked for an additional deposit based on credit score. Application may be denied due to past felonies. EPOSITS/APPLICATION FEES: Applicatio n fee must be paid prior to an app lication being processed. All applications are processed by an outside independent screening service. A security deposit or holding depos it is required to be paid before an apartment will be taken off the market and assigned to applicant. Applicant understands that if application data is not provided within 24 ho urs of the submission of the application, the application will automat ically be canceled and the deposit will be forfeited. App lication data cons ists of all required documents by management needed to process application. If applicant cance ls this application within 24 hou rs of its submission, the depos it less the application fee is refundab le. If applicant cance ls this application after the said 24 hours, the deposit is forfeited. If the applicant is denied, the deposit less the application fee is refundable. The applicant must provide all the appropriate documentat ion to determine eligibility. EMPLOYMENT INFORMATION AN HISTORY : Information submitted by applicant regarding present employment must be verified. If an applicant has changed employment within the past 6 months, previous emp loyment must be verified to estab lish 12 months of employment. All rentals must have a minimum of 12 months verifiable employment. If letter is provided from emp loyer it must be notarized to be accepted and conta in the contents of one month verifiable income. RENTAL VERIFICAT ION: Applicant must have favorable informat ion regarding rental history for the last two years. ANY NEGATIVE RENT AL HISTORY IS GROUNS FOR APPLICAT ION ENIAL. Must have verifiable rental history and it must be verified by on-site management. App licant may be denied if evicted from a prior rental within the last 2 years or has an outstand ing balance with a prior rental. Negative rental history will require a deposit equal to one month 's rent. No rental history will require a deposit equal to one month's rent rent or a co-signe r. CRIMINAL BACKGROUN CHECK: No felony history is accepted. No more than two misdemeanors accepted (traffic violations will be a case by case review). UI violations will be a case by case review. Any sing le count of 1 ). rug Possession, 2). Prostitution, 3). Crimes Against Persons, 4 ). Burglary and/or, 5). Weapons Charges will not be accepted. (Initial) fiwl Cifil0ih)

C,.;:,:ni,~1-:in A:sociz-'t:3 LLC EPOSIT/APPLICATION FEE: CHAMBERLIN + ASSOCIATES Real Estate Management App lication fee must be paid prior to an application being processed.

A security deposit or holding deposit is required to be paid before an apartment will be taken off the market and assigned to an applicant.

2 C,.;:,:ni,~1-:in A:sociz-'t:3 LLC EPOSIT/APPLICATION FEE: CHAMBERLIN + ASSOCIATES Real Estate Management App lication fee must be paid prior to an application being processed. All applications are processed by an outside, independent screening service. A security deposit or holding deposit is required to be paid before an apartment will be taken off the market and assigned to an applicant. Applicant understands that if application data is not prov ided within 24 hours of the submission of the app lication, the app lication will automat ically be forfeited. If appl icant cancels this applicat ion within 24 hours of its subm ission, the deposit less the applicat ion fee is refundab le. If applican t cancels this application after 24 hours, the deposit is forfeited. False information provided in any area of invest igation will result in denial of the application. *Any move in specials are based on approved credit pertaining to the qualifying items above* I HAVE REA AN UNERST AN THE CRITERIA FROM WHICH MY APPLICATION WILL BE APPROVE. APPLICATION MAY BE APPROVE WITH CERTAIN RESTRICTIONS. THESE RESTRICATIONS MAY OR MAY NOT LIMIT APPLICATIONS ABILITY TO PARTICIPATE IN CURRENT RENTAL INCENTIVES. (Applicant) ale (Applicant) ate (Owner 's Representative) ate (Initial)

Rent Previous Address: City: SSN: State: (Circle one) Monthly payment or Rent: State: Own Or Rent

3 CHAMBERL I N -+- A.S SOC I ATES Real Estate Management Rental Application ate of birth: Current address: City: Own Or Rent Previous Address: City: SSN: State: (Circle one) Monthly payment or Rent: State: Own Or Rent (Circle One) Monthly payment or rent: Current employer: Employer address: City: Position: State: Weekly Or Bi-Weekly(circle one) Fax: Type: Type: Color: Color: Weight: Weight:

Or Bi-Weekly (Circle One) Monthly income : Relat ionship: Applicant understands that occupancy is limited to only t hose names on this application.

4 CH A.l"v'I BER L I N --f- A S SOC I A. T ES Rea l Estate tv1a n agemer-.t Name : ate of birth : Current address: SSN: City : State : Own Or Rent(Please circle) Month ly payment or rent: Current emp loyer : Employer address : E-mai l: City : State : Fax: Position : Weekly Or Bi-Weekly (Circle One) Monthly income : Relat ionship: Applicant understands that occupancy is limited to only t hose names on this application. Applicant acknowledges that all informat ion listed on this application is t rue and accurate. Applicant hereby authorizes verification of all informat ion including credit check and rental history reports by the management. Any false informat ion listed shall constitute grounds for rejection of this application, termination of rental agreement and right of occupancy, and forfeiture of deposits. Applicant understands that the $ processing fee for verifying this applications is not refundable. Applicant has deposit with the owner $ as an application deposit for owner taking the rental unit off the market while considering approval of th is application. If applicant is not approved, the application deposit will be refunded. If applicant is approved by owner, and a rental agreement is entered into, the application deposit will be credited to the required cleaning and/or security deposits. If applicant is approved but fails to enter into the rental agreement or fails to take occupancy on date specified, application deposit will not be refunded. Applicant Signature : ate :

CHA.tv1B ER LIN --r A SS O C IA.TE S Real Estate tv1an.agement Co-Applicant Signature: ate: Have you or ANYONE (regardless of age) who will be residing with you: 1.

Ever been or currently a member of a gang? 4. Ever had or currently have a,,varrant for your/their arrest? 5. Ever been or currently invo lved in AN Y crimin al activity? 6. 1;;t.

5 CHA.tv1B ER LIN --r A SS O C IA.TE S Real Estate tv1an.agement Co-Applicant Signature: ate: Have you or ANYONE (regardless of age) who will be residing with you: 1. Ever been arrested, cited, prose cuted, plead guilty to, or been convicted or a crime? IT Yes No 2. Ever been placed on probation, parole, or affected by the Megan Laws? O Yes ON o 3. Ever been or currently a member of a gang? 4. Ever had or currently have a,,varrant for your/their arrest? 5. Ever been or currently invo lved in AN Y crimin al activity? 6. 1;;t. been Q Yes ted or had a forcible detainer filed against you? No 7. Ever moved to avoid eviction or because of probl ems with other tenants or a landlord? 8. IEv~r been g titioner in a case at bankruptcy court? Explain ALL "Yes" answers in detail. (What happened? When? Where? And the results) All information furnished on this application is to the best of my knowledge, complete and accurate. iscovery or false or omitted information constitutes grounds for rejection of this application. You or any agent (s) of your choice may verify any and all information from whatever source you choose including the obtaining of a credit report. I authorized all persons or firms and unnamed in this application to freely provide any and all requested information concerning me and hereby waived all right of action for any consequences resulting from such information and/or the providing thereof. (Applicant # 1) ate (Applicant #2) ate

verification of previous rental history for the purpose of renta l qualification.

6 CH.Atv1E3 E RLIN -+ A SS O C I.ATE S Real Estate tv1anage.mertt RESIENCY VERIFICATION RELEASE FORM TO : FROM: Maravilla Fax Numbe r: ATE : Please return via Fax to: I, authorize to release the information requested below, to assist with verification of previous rental history for the purpose of renta l qualification. Signatur e of prospect ive resident : Move in ate: Lease Ending ate: Rent Amount: $ Number of Late Payments: Has Proper Notice Been Given? ---- Yes No Is there current ly any past due amount owed? Yes No If "Yes" how much?$ Has the resident(s) complied will all community policies? Yes No If "No", what for? Have legal processing ever been filed on this resident? Yes No Is Resident eligible to re-rental? Name of person completing this form: Title/ Position: Phone number:

------------ Please return via Fax to: ] authorize to release the information requested below, to assist with verification of employment

7 CHA.""'1E3ERL IN -t--- A S SOC I A.TES R e al Es ta te "'--1anag e- mer, t EMPLOYMENT VERIFICATION RELEASE FORM TO: FROM: Maravilla RE: Employment Verification ATE: Please return via Fax to: ] authorize to release the information requested below, to assist with verification of employment for the purpose of Rental qualification. Signature of prospective resident: ate Hire: Monthly Salary: Name of Person Completing This Form: Title: Phone Number: Signature of Person Completing This Form:

Dear Prospective Resident,

Dear Prospective Resident, Thank you for your interest in Addison Chapel Apartments! We look forward to your visit here. For your convenience, we have attached an Application to Lease. You may complete