at the Park
SCREENING POLICY FOR CONVENTIONAL APARTMENTS
to our community. Before you apply to rent an apartment home in our community,
please take the time to review this screening policy. All persons 18 years or
older, not dependents and not married will be required to complete separate
rental applications. Applicants legally married or with adult dependents and
applying for residency will be required to complete a joint applicant. The term
“applicant(s)” under this policy means the person or persons that will be
signing the Leases as “residents”; the term “occupant(s)” in this policy means
the person or persons that are authorized occupants under the Lease.
also note that these are our current rental criteria: nothing contained in
these requirements shall constitute a guarantee or representative by us that
all residents and occupants currently residing in the community have met these
requirements. There may be residents and occupants that have resided in the
community prior to these requirements going into effect; additionally, our
ability to verify whether these requirements have been met is limited to the
information we receive from the various resident credits reporting services
used. It is policy of this community to comply with all applicable fair housing
laws including those, which prohibit discrimination against any person based on
race, sex, religion, color, familial status, national origin, or handicap.
1. Occupancy Guidelines: Occupancy will be based on the following
Bedroom 2 persons
per bedroom 2 persons
Bedroom 2 persons
per bedroom 2 persons
Three Bedroom 2 persons per bedroom 2 persons per bedroom
A family may occupy an apartment if the
family does not exceed two persons per bedroom plus a child who is less than 18
months old and who sleeps in the same bedroom with the child’s parent,
guardian, legal custodian, or person applying for that status. Residents
who have a newborn less than 18 months old at the time of rental application,
who has reached 18 months old during the lease term, will be required, at the
time of lease renewal, to either:
1. Transfer into
another available apartment which has more bedrooms; or
2. Move out
for the new apartment will be at the rental rate at the time the lease is
entered into for the new apartment. Re-qualification on income will become
necessary in which case a nominal income verification fee of $35 will be required.
For the purposes of this occupancy policy, a “family” shall consist of the
following: One or more individuals (who have not attained the age of 18 years)
being domiciled with: (1) a parent or another person having legal custody of
such individual or individuals; or (2) the designee of such parent or other
person having such custody of any individual who has not attained the age of 18
2. Age: Applicants must be 18 years of age or
older unless deemed to be an adult under applicable law with respect to
execution of contracts.
Credit: A credit report will be completed on all
applicants to verify account credit ratings. Income plus verified credit
history will be considered in determining rental eligibility and security
deposit levels. Unfavorable accounts, which will negatively influence this
evaluation, include, but are not limited to: collections, charge-offs,
repossessions, and current or recent delinquencies.
are an automatic denial.
- If you owe
another property, it must be paid off and proof of pay-off must be
supplied to us before an application can be approved.
- If your
application is approved with conditions, the condition will be determined
- If your
application is not automatically approved with our automated screening
system, we will review your credit. It may be possible that we can approve
your application with an approval fee plus an additional deposit to be
determined based on your credit issues.
Determined on a case by case basis.
4. Income: Gross income for all applicants in one
apartment home will be combined and entered into the credit-scoring model for
income eligibility. All applicants will be asked to produce consecutive and
most recent pay stubs for the last 2 weeks from Application Date. Applicants
must have a minimum combined gross income of two and ½ times the monthly rent. Additional sources of verifiable
income may be considered. These sources may include child support, grants,
pensions, GI benefits, disability, trust funds, social security, and savings
accounts. Some credit scoring results
will necessitate further income verification in such instances, verification
with employer will be completed, or applicant may be asked to produce
additional financial statements/records.
5. Employment: If employment is to begin work shortly, the
applicant must provide a “letter of intent” to hire from the employer that
states the start date and compensation.
Employment, Retired, or Unemployed: Such applicants
must provide the previous year’s income tax return and the previous two-month’s
back statements, or twelve months of financial statements and must exhibit non-negative
History: A criminal
background check will be conducted for each applicant and occupant age 18 years
or more. The application will be denied for any of the following reported
criminal related reasons.
• Felony conviction
• Any terrorist related conviction
• Any illegal drug related conviction
• Any prostitution related conviction
• Any sex related conviction
• Any cruelty to animals related
• Misdemeanor conviction involving
crime against persons or property
• Any of the above-related charges
resulting in “Adjudication Withheld” and/or “Deferred Adjudication”
• Active status on probation or parole
resulting from any of the above
remember that this requirement does not constitute a guarantee or
representation that residents or occupants currently residing in our community
have not been convicted of or subject to deferred adjudication for a felon,
certain misdemeanors or sex offenses requiring registration under applicable
law; there may be residents or occupants that have resided in the community
prior to the requirement going into
effect; additionally, our ability to verify this information is limited to the
information made available to us by the resident credit reporting services
History: Some credit
scoring results will necessitate an evaluation of verifiable rental or mortgage
payment history for the last 24 months. In these instances, applicant must have
a minimum of 6 months cumulative verifiable rental or mortgage payment history
within the last 24 months. In such instance, if a previous property owner
cannot be contacted, six consecutive months of proof of payment must be
verified and a copy of the lease contract must be provided. Applicants not
having verifiable rental mortgage history may have the option to pay an
additional deposit of one-month rent or secure a Guarantor.
will automatically be denied for the following reasons:
- An outstanding debt to a previous property
owner or an outstanding check must be paid in full.
- A breach of a prior lease or a prior
eviction of any applicant or occupant.
- More than four late pays and two NSF’s
within the last 12 months.
9. Guarantors: Guarantors will be accepted for applicants who are first-time renters or students. The guarantor will be required to complete an application and pay a full application fee. Guarantors must have a gross monthly income 4 times the monthly rent and meet all other qualifying criteria identified in this screening policy. The guarantor will be asked to sign a Lease Guaranty Agreement to support this application. Only a relative will be considered as guarantors.
10. Animals: Timber at the Park will accept dogs up
to 100 lbs or domestic cats. The deposit will be an additional $450 per pet
with $250 being non-refundable. Breed
restrictions are as follows: Doberman, German Sheppard, Mastiff, Bull Mastiff,
Dalmatian, Pit Bull, Staffordshire terrier, Chow, and Rottweiler. Limit two
pets per apartment.
11. Vehicles: Vehicles parked illegally will be towed
at the vehicle owner’s expense.
Guidelines are posted on entry gates, and are available upon request. It is your responsibility to follow
Furniture: Water furniture
will only be allowed in first floor with proof of fully paid insurance for the
term of the lease.
Falsification of Application: Any
falsification in Applicant’s paperwork will result in the automatic rejection
of Application. In the event that an applicant falsifies his/her paperwork,
owner has the right to hold all deposits and fees paid to apply towards
Application will only be considered when
the Application has been fully executed and returned, and all applicable fees
have been paid. Application and
administrative fees are non-refundable.
Deposits are non-refundable after 24 hours. I have read and
understand the entire resident screening policy of this community.