City Limits Apartments 127 E 59 th St. Suite 204 Minneapolis, MN APPLICATION CRITERIA AND CONSIDERATION

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Flora Moody
5 years ago
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1 APPLICATION CRITERIA AND CONSIDERATION 1. All application paperwork must be completed in blue ink only. 2. Occupancy standard: Two occupants per bedroom 3. An application will be required for all persons 18 years or older. All applicants over the age of 18 are required to sign the lease. 4. Each applicant must provide information on job history. Gross monthly income must be at least 1.5 (one and half) times the amount of rent. If your employer will not verify your income over the telephone, you will be required to produce paycheck stubs to verify your income. If you are self-employed, you will be required to produce current income tax papers to verify your status and income. Failure to provide income verification will result in application denial. 5. At minimum of 6 months of consecutive employment is required to qualify for the standard security deposit. 6. A current credit report will be pulled on each applicant and evaluated according to our current move in policies. 7. Each applicant must provide information on rental history. 6 months of positive rental or mortgage history during the last 2 years is required to qualify for the standard security deposit. Renting from family members do not count. 8. Criminal background checks are required on all applicants. 9. Applicants must not have more than 1 unsatisfactory eviction judgment. 10. We welcome pets at City Limits Apartments. All pets must have management approval and a Pet Addendum to Lease executed and any applicable pet fees paid upon move in. No more than 2 pets are allowed per apartment. The application fee and deposit must be in separate verifiable funds (money orders or cashier s checks). Cash and/or personal checks are not accepted. If the application is not approved, the deposit will be refunded immediately. An applicant has 72 hours to change their mind about the apartment and receive their deposit back. After 72 hours of receipt the deposit is not refundable. City Limits Apartments comply with the Minnesota Anti-Discrimination Laws. We do not discriminate on the following factors: race, color, religion, national origin, ancestry, creed, sex, physical or mental handicap, marital status, familiar status, parental status, military status, lawful source of income, sexual orientation, age, military discharge status or any other protected class. I have read and understand the above Application Criteria Applicant: :_ Applicant: :_ Property Manager: : _

2 Move in Policy The application is denied if: A. The applicant s gross income is less than less than one and half (1.5) times the amount of rent. B. The applicant has been convicted of a felony or has multiple misdemeanors in the last ten 10 years. Traffic violations will not be considered. C. The applicant has an unsatisfied eviction judgment. In order for applicants to qualify for the standard security deposit, the following criteria must be met: 1. Applicants must prove they have been in the same job, with the same employer, or have had the same source of income for the past 6 months. 2. Applicant must have their credit approved. Additionally, if the applicant has a credit score less than 600 or little or no credit history security deposit will be equal to one month s rent. 3. A verifiable rental history is required. We must be able to confirm at least 6 months of positive rental history some time during the past 2 years, renting from family members do not count. 4. Applicants must not have a balance due with a previous landlord. If balance is owed, proof of payment arrangement will be required. Standard Security Deposit $500 Non Standard Security Deposit is equal to one month s rent Application fee $35 per applicant Holding fee $ : Applicant : Applicant

3 Pet Policy We welcome cats at City Limits Apartments. The initial pet fee is as follows: A one hundred and fifty ($150)-refundable pet deposit is required. There is a monthly pet fee of: $20/month per cat. No more than two (2) cats are allowed per apartment. Initial Pet Deposit is refundable and does not transfer from apartment to apartment. Pets may cats only. Pets allowed without deposits: small birds, turtles, hamsters, guinea pigs, fish acquirements that are five (5) gallons or less. Note deposits are required on large birds, including but not limited to, Parrots, Cockatels, Sun Conures, or other birds often let out cages. The following pets are not authorized at City Limits: snakes, lizards, sugar gluider, flying squirrels, chinchillas, ferrets, reptiles, amphibians, rodents, or venomous animals of any kind. The following are the owner s requirements: No pets allowed on new carpet or carpet less than two (2) years old, pets must be inoculated, proof of age, all fees must be paid on or before the date the resident takes possession of the apartment, and a separate addendum is to be completed and signed, and is considered as part of the Lease Agreement. At City Limits Apartment Homes we are pet friendly and want to meet these important members of your family. Please bring your pet to the office for an interview. We like to meet and get to know all our residents, even our four footed ones!! I have read and understand City Limits Pet Policy.

4 RENTAL VERIFICATION FORM Applicant Name: Rental Address: Landlord Name: Landlord Address: Phone_ I hereby authorize the above named Landlord to release the information requested below regarding my tenancy at the rental address listed. Applicant Signature Are you a friend or relative of the applicant? Yes ~or~ No s of tenancy: From To Does/did the applicant have a lease? Yes ~or~ No Term: Amount of monthly rent: $ Does/did the tenant pay on time? Yes ~or~ No How often are/were they late? Was the tenant evicted? Yes ~or~ No Does the tenant still owe a balance? Yes ~or~ No Amount $ Did the tenant cause any property damages? Yes ~or~ No Did the tenant keep the home clean? Yes ~or~ No Did the tenant allow individuals not listed on their lease to live in the home? Yes ~or~ No Did the tenant or any guests create any hazards or problems? Yes ~or~ No Did you receive complaints about the tenant? Yes ~or~ No Did the tenant engage in any criminal activity? Yes ~or~ No Did the police ever have to be called out to the home? Yes ~or~ No Did the tenant ever provide you with any false information? Yes ~or~ No Would you rent to this tenant again in the future? Yes ~or~ No Do you have additional comments about the applicant? _ Form Completed By: (Check Box and Sign Below) Landlord ~or~ Agent for City Limits Apartments via phone w/ L.L. / / Print Signature

5 MONARCH INVESTMENT & MANAGEMENT GROUP APPLICATION (Subject to Owner s Approval) Name of Applicant Apt # leased _ Tentative move in date Social Sec.# of Birth address Present Address Apt# CELL ph# Home ph# City State Zip Rent Own Drivers License State Number Present Landlord / Apartment Name City State Zip Landlord ph # Monthly Rent When did you move in at present address? Lease expires (date)? Current Occupation Current Employer Start date Gross Salary (before taxes) Phone # Complete Address $ Per MONTH Immediate Supervisor s Name and Title Supervisor s Phone Number Past Employer (if less than 6 months at current position) Length of Employment Gross Salary Additional Income (such as Child Support, Alimony, Social Security, Unemployment, School Loans, Retirement, etc.) $ for per month $ for per month Emergency Contact Relation to Applicant Address Phone Number with area code Occupation Relation to Applicant Work Phone Number Cell number PLEASE CIRCLE YES OR NO TO EACH QUESTION: 1 Has any civil judgement been entered against you for the collection of a debt for the past 10 years? NO YES 2 Do you intend to have water filled furniture in your apt? NO YES What kind? 3 Do you have, or intend to have, any pets in your apt? NO YES What kind? Age 6 - Have you ever been evicted or refused to pay rent for any reason? NO YES Why? 7- Have you, or do you intend to possess, sell, or use illicit drugs or narcotics in or around your residence? NO YES 8- Have you ever been convicted for possession, use or sale of any illegal substance? NO YES 4 Have you filed for bankruptcy in the past 10 years? NO YES 9- Have you ever been convicted of a felony? NO YES explain below 5- Have you ever been convicted of a sexual offense? NO YES 10 Have you ever been convicted of a misdemeanor? NO YES IF YOU ANSWER YES TO ANY OF THE 10 ABOVE QUESTIONS, PLEASE EXPLAIN HERE: LIST ALL OTHER OCCUPANTS WHO WILL RESIDE IN APARTMENT: (All occupants 18 and over must file separate applications & be approved) NAME DATE OF BIRTH SOC.SEC # NAME DATE OF BIRTH SOC.SEC # 1) 2) 3) 4) ALL RENTS ARE DUE AND PAYABLE ON THE FIRST DAY OF EACH MONTH IN ADVANCE. Pursuant to Fair Housing Laws, the management shall neither refuse to rent or execute upon presentation a lease in the usual form and on terms and conditions lease an apartment to any person because of race, color, creed, religion, national therein stated, which lease may be terminated by the Lessor if any statement origin, ancestry, handicaps or familial status of the applicant nor discriminate in herein made is not true. the terms offered or the services rendered. I hereby give permission to photocopy my driver s license. Management is not responsible for loss by fire, theft, smoke or water. I hereby give permission to obtain information on my credit, rental history, The undersigned warrants and represents that all statements herein are true and criminal history, income verification, and other references, now or in the permits verification. Should it be determined prior to or at any time during a future for the purpose of this application or for enforcing the provisions of subsequent tenancy that information given was false, landlord reserves the right any future lease with Monarch Investment and Management, which to terminate said tenancy immediately. The undersigned agrees to provide include, but are not limited to, the collection of rent and any other balances documentation necessary to substantiate present or prior earnings which are to due. be considered as a basis for payment of rent. The undersigned further agrees to _ Leasing Specialist Applicant Signature

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