SPENCER TRACE APARTMENTS 5142 Wall Triana Hwy, Madison, AL. Phone: (256) Fax: (205) TDD: (800) x799 RENTAL APPLICATION

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1 SPENCER TRACE APARTMENTS 5142 Wall Triana Hwy, Madison, AL (256) Fax: (205) TDD: (800) x799 RENTAL APPLICATION For Office Use Only Date: / / Application No: Time: Welcome and thank you for choosing Spencer Trace Apartments as your new residence. In order to reside in our community, we require that each applicant and adult occupant (including residing children age 18 or older residing with the applying applicant) meet certain criteria. Before you fill our Rental Application, we suggest that you review these guidelines to determine whether you meet the requirements. Please note that the term "Applicant" provided below refers to all residents who are to be identified on the apartment lease. Person's) desiring to be included to qualify and to be responsible for paying rent must qualify as an applicant. Please note that nothing contained in these requirements shall constitute a guarantee or representation by Spencer Trace Apartments that the application has been approved. It is the policy of these Apartments and Management, Enterprise, Development & Services, Inc. not to discriminate against anyone on the basis of race, color, religion, handicap, sex, familial status and/or national origin. INSTRUCTIONS TO APPLICANT LESSEE SELECTION CRITERIA: Applicant must be age 19 or older. Applicant must have a Social Security number or Federal ID number and a valid driver's license. Applicant must have sufficient verifiable household income. The applicant's monthly household income must be equal to or greater than 2 times the monthly rent or the applicant must have 3 times the annual rent in secured funds. Verifiable student aid income, court ordered alimony, disability income or child support will be considered as verifiable income with proper documentation. Verification may include paycheck stubs, written verification from income source or tax returns. If employment is to begin shortly, the employer must submit a "letter of intent". Good credit rating & criminal record Applicant must consent to allow Spencer Trace Apartments, through its designated agent and its employees, to obtain a consumer report and criminal report and criminal record information on the purpose of determining whether to lease an apartment to he/she/them. The applicant also agrees to and understands that the owner and its agents and employees may obtain additional consumer reports and criminal record reports on each occupant in the future to update their account. The names and addresses of any consumer reporting agency that provided such reports are available to the applicant up request. By signing below, you hereby acknowledge this disclosure. Spencer Trace Apartments may require an additional security deposit based on credit history, debt ratio or other information obtained through consumer reports. Good rental reference No formal rental history will be interpreted as good rental history provided this is the first residence for the applicant(i.e., previous home w. parents, military or dormitory). Good rental history will be interpreted as not more than 2 late payments and not more than one NSF check in a 24-month period. Foreign Nationals Persons of a foreign nation must provide a Federal Social Security number or a verifiable Federal ID number, must possess a current passport and have a current driver's license and proof of employment APPLICATION MAY AUTOMATICALLY DENIED FOR: No verifiable Social Security or Federal ID number. Social Security number reported as questionable or false. Any applicant with outstanding debt, eviction or pending eviction from a previous or current landlord. Any one report that the applicant has had poor housekeeping habits from a current or previous residence. Any one report that the applicant caused or was involved in disturbances from current or previous residence. Any one report that the applicant did not abide by the rules and regulations from a current or previous residence Any one foreclosure of real estate. Anny application with bankruptcy history must have a "discharge" status or any bankruptcy where credit has not been reestablished. Any Felony conviction. Any terrorism-related conviction. Any prostitution-related conviction. Any sex-related conviction. Any cruelty to animals-related conviction or misdemeanor conviction involving a crime against persons or property. Any of the above related charges resulting in "Adjudication Withheld" and/or "Deferred Adjudication" or Active status on probation or parole resulting from any of the above Falsification of any information on the application. 07/10 Spencer Trace Application Page 1

2 OCCUPANCY LIMITS: Two bedrooms - Four (4) occupants, maximum of three(3) adults, no more than three (3) non-related persons. Three bedrooms - Six (6) occupants, maximum of three (3) adults, no more than three (3) non-related persons. Violating this policy will result in immediate termination of lease. NEWBORN POLICY: If you are an occupant and you are pregnant or have a newborn child less than six (6) months at the time of move-in and your newborn child reached the age of twelve (12) months (local and state laws exemption) during the term of your lease you may remain in the unit until your lease expires. Upon expiration of your lease you must do one of the following if the additional occupant breaches the occupancy limit: Move into another available unit of the apartments that has more bedrooms or give a 30-day notice and vacate the premises. APPLICATION PROCESSING FEE: Each applicant must submit the sum of $35, which is a non-refundable application processing fee for a credit and criminal background check, to the property. It is not a rental payment or security deposit. SECURITY DEPOSIT: The security deposit is $ for a 2-bedroom apartment and $ a 3-bedroom apartment. An additional deposit of one month's rent may be required for all applicants who have a low credit score as this score presents a liability. THE LESSER SHALL NOT BE OBLIGATED TO RETURN THE SECURITY DEPOSIT UNLESS THE FOLLOWING CONDITIONS ARE MET: 1. Full term of lease has expired. 2. The LESSEE have a sixty (60)-day notice in writing to the LESSER of intent to move-out. 3. No damage to property has occurred beyond fair wear and tear. 4. The entire apartment is clean and debris free. 5. The entire kitchen, including range, exhaust fan, refrigerator and dishwasher, is clean. 6. The walls are clean and free of stickers, scratches or holes. 7. The carpet must be cleaned professionally if the apartment is not occupied for a full 12 months. 8. There are no unpaid charges. 9. All keys are returned 10. The patio, balcony and front door is clean and free of damage and debris. THE LESSEE WILL BE RESPONSIBLE FOR ALL CHARGES STATED ABOVE AND DAMAGES, EXCEPT THOSE ITEMS LISTED BY THE LESSEE ON THE MOVE-IN FORM. PETS ARE NOT ALLOWED UNLESS IT IS A SERVICE ANIMAL AND THE FOLLOWING CONDITIONS ARE MET: The Lessee provides a photograph of the animal that has been approved by the Manager. The size of the animal may not exceed 30 inches high or weigh more than 50 pounds. The Lessee agrees to dispose of pet waste after each walk. The pet must be kept inside at all times except when on a leash and accompanied by the Lessee. An additional pet deposit is paid to the property WE ARE A DRUG-FREE COMMUNITY. NO ILLEGAL DRUGS ARE ALLOWED ON THE PROPERTY AT ANY TIME. SMOKING IS ALLOWED ONLY OUTSIDE THE BUILDINGS. THE WASTE MUST BE DISPOSED OF PROPERLY AND NOT THROWN ON THE GROUND. GRILLS ARE NOT ALLOWED. Completed application should be mailed to: MEDS, Inc Rideout Drive Huntsville, AL /10 Spencer Trace Application Page 2

3 APPLICANT INFORMATION Marital Status: Social Security # or Alien Registration #: Phone #: Driver's License # and State: Former names (married and maiden): Are you a United States citizen? Date of Birth: Spouse's Marital Status: Social Security # or Alien Registration #: Phone #: Driver's License # and State: Former names (married and maiden): Are you a United States citizen? Date of Birth: HOUSEHOLD INFORMATION Social Security No. Other Occupants Relationship Date of Birth Ethnicity/Race or Alien Registration No. Drivers License Number & State RESIDENCE HISTORY Present Address Street Reason for Moving: State: From: Landlord Landlord Street Previous Address Street State: Reason for Moving: From: Landlord Landlord Street You must report ALL states you have resided in since the age of 18. All applicants 18 and older are required to report this information. EMPLOYMENT Name of Present Employer: Name of Supervisor: Average Annual Income from $_ State Income: $ per (hr/wk/mo/yr/etc) Name of Previous Employer: Name of Supervisor: Average Annual Income from $_ State Income: $ per (hr/wk/mo/yr/etc) 07/10 Spencer Trace Application Page 3

4 OTHER SOURCES OF INCOME Name of Person or Agency: Name Agency Contact: Average Annual Income from $_ State Income: $ per (hr/wk/mo/yr/etc) Name of Person or Agency: Name Agency Contact: Average Annual Income from $_ State Income: $ per (hr/wk/mo/yr/etc) AUTOMOBILES AND OTHER VEHICLES List all motor vehicles, including motorcycles owned by or registered to household members. Use additional sheets if necessary. Make and Model Number: License Plate Number: State: Insurance Agent: Color: Year: License Expiration Date: Street Policy No: Name on Registration: VIN # State: Expiration Date: Make and Model Number: License Plate Number: State: Insurance Agent: Color: Year: License Expiration Date: Street Policy No: Name on Registration: VIN # State: Expiration Date: RENTERS INSURANCE We recommend that you carry Renters Insurance. Your personal belongings are not covered by our insurance. If you have coverage, please provide information below. Insurance Agent: Street Policy No: State: Expiration Date: List three (3) references (Not related to you). PERSONAL REFERENCES Phone No: State: Phone No: State: Phone No: State: EMERGENCY CONTACT Provide the name of the person we should contact in case of an emergency. Phone No: Relationship to you: State: 07/10 Spencer Trace Application Page 4

5 CRIMINAL HISTORY This property's eligibility criteria excludes housing to individuals and households with specific types of criminal activity in their history. You must answer the following questions completely and truthfully. If any of the answers are false, misleading or incomplete your application may be rejected, OR, if move-in has occurred, you may be evicted. No Are you or any member of your household a current, illegal on Have you or any member of your household currently or in Are you or any member of your household subject to convicted of drug-related criminal activity? convicted of violent criminal activity? user of or addicted to a controlled substance? convicted of the illegal manufacture or distribution of a controlled substance? evicted from federally assisted housing for drug-related criminal activity? parole or are now on parole? the past used illegal drugs? registration under a State sex offender registration program? Yes APPLICANT CERTIFICATION Read each statement below and initial that you understand and agree. If 'Yes' you must answer the following: From Where? Where? I have read and understand the information in this application, in particular the Instructions to Applicant, and agree to comply with all information and instructions. I certify that all information given in this application is true, complete and accurate. I understand that if any of this information is false, misleading or incomplete, Management may decline my application, OR, if move-in has occurred, terminate my lease and evict me and my household. If my application is approved and move-in occurs, I certify that only those persons listed in this application will occupy the apartment, and that they will maintain no other place of residence. If this application is approved and move-in occurs, I certify that all household members will accept and comply with all conditions of occupancy as set forth therein, including rules regarding pets, rent, damages, and security deposits. I authorize Management to make any and all inquiries to verify this information either directly or through information exchanged now or later with rental and credit screening services, previous and current landlords, law enforcement agencies or other sources for verification confirmation which may be released to appropriate Federal, State or local agencies. APPLICANT SIGNATURE DATE For marketing purposes, how did you hear about SPENCER TRACE It is the policy of this company to provide housing on an Equal Opportunity basis. We do not discriminate on the basis of race, religion, color, sex, familial status, national origin or handicap. If you feel you have been discriminated against by this company, please call (256) Revised: 07/ /10 Spencer Trace Application Page 5

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