Here is what my Lease Application Guidelines Says: Feel Free to plagiarize as desired.
Resident Qualifying Criteria
Pursuant to Property Code Section 92.3515, these Tenant Selection Criteria are being provided to you. The following constitute grounds upon which Landlord will be basing the decision to lease the Property to you. Based on the information you provide, Landlord may deny your application or may take other adverse actions against you (including, but not limited to, requiring a Co-Signer on the Lease, requiring additional deposits, or raising rent to a higher amount than for another applicant. If your application is denied based upon information obtained from your credit report or credit score, you will be notified:
1.Criminal History: Landlord will perform a criminal history check on you to verify the information provided by you on the Lease Application. Landlord’s decision to lease the Property to you may be influenced by the information contained in the report.
2.Previous Rental History: Landlord will verify your previous rental history using the information provided by you on the Lease Application. Your failure to provide the requested information, provision of inaccurate information, or information learned upon contacting previous landlords may influence Landlord’s decision to lease the Property to you.
3.Current Income: Landlord may ask you to verify your income as stated on your Lease Application. Depending upon the rental amount being asked for the Property, the sufficiency of your income along with the ability to verify the stated income, may influence Landlord’s decision to lease the Property to you.
4.Credit History: Landlord will obtain a Credit Reporting Agency (CRA) report, commonly referred to as a Credit Report, in order to verify your credit history. Landlord’s decision to lease the Property to you may be based upon information obtained from this report. If your application is denied based upon information obtained from your credit report, you will be notified.
5.Failure to Provide Accurate Information in Application: Your failure to provide accurate information in your application or your provision of information that is unverifiable will be considered by Landlord when making the decision to lease the Property to you.
In order to facilitate approval, the following guidelines apply.
1. A separate Rental Application MUST be completed and signed by each Applicant and all adult Occupants 18 Years or older (Unless a full time student living with parents).
2. Copies Of Application Deposit and Application Fees must accompany the applications to be processed. ALL MONIES must be in Certified Funds (Cashier’s Checks or Money Orders). CASH Is Acceptable For Application Fees. Certified Funds should be made payable as indicated on the Property Information Sheet. Incomplete applications will delay processing. Please be sure to include names, phone numbers with area codes, and dates as legibly as possible.
3. Please provide a Photocopy of each Applicants Photo ID (Drivers License, Military ID, etc) along with their application.
4. Applicant must have verifiable work history of at least two years. Gross monthly income should be at least three times the monthly rent. Self-employment and other income sources (trust funds, government grants) must be verifiable with bank statements, certified financial statements or tax returns. In addition, Applicant should have a minimum of two years of verifiable rental or mortgage history with a satisfactory payment history and no rental evictions, lease violations or foreclosures on their record.
5. Applicants NOT meeting the above criteria may be approved with an increased Security Deposit, at the discretion of the Landlord. Another acceptable method, at the discretion of the Landlord is for A Family Member to lease the property in their name, and be responsible for the rent. NOTE: Family Member Tenants must complete the application process and have verifiable monthly income of FIVE times the rental amount.
6. The following Breeds of Dogs are considered Dangerous and will NOT BE ACCEPTED under any circumstances. Pit Bull, Rottweiler, German Shepherd, Husky, Alaskan Malamute, Doberman Pinscher, Chow, Presa Canario, Boxer, Dalmatian, Akita, Mastiff, Staffordshire Terrier.
The preceding guidelines are meant to reflect the minimum criteria for consideration. Individual Landlords may have additional criteria. Information contained in each application is verified by the use of credit reports, rental reports, employment verifications, criminal history reports, public records, and / or other means available. If we are unable to verify any part of the rental qualifications within three (3) business days from the date the application is submitted, the application may be non-approved and the Application Deposit refunded. NOTE: The application fees for processing will be retained.
Applicant may be denied occupancy for the following reasons, but not limited to: falsification of application, incomplete applications, insufficient rental or employment history, criminal history, or unverifiable information.
