Fair Lakes Luxury Residences-Rental Application O F F F O I R C E LEASING AGENT___________________________________________________________APPL DATE_____________________________ U S E O N L Y MOVE IN DATE __________________APPL FEE $_______________ DEPOSIT $___________ ADMIN FEE $ _____________ PET FEE:____________________________PET RENT:_________________: RENTABLE ITEMS:__________________________________ APT _______________________ RATE _____________SPECIAL OFFERED __________________________________________________ MANAGER APPROVAL:___________________________________________________________________________________________ Applicant’s Last Name Driver’s License No & State Initial FOR CREDIT PURPOSES ONLY Birthdate Unmarried Married Separated Apt to be Occupied by: _______ Total First Social Security No. Children’s Names & Birth Date: _______Adults Do you have Pets? Yes No How Many? Type & Size (keeping of Pets requires a pet deposit/fee) Phone #: Who or what referred you to us? Email Address: __________________________________ EMPLOYER – APPLICANT’S: PREVIOUS EMPLOYER: Company Name_____________________________________ Address _________________City ____________ State _____ Job Title ________________ Phone No (___)______________ Supervisor Name _______________________ Gross Income $______________Hour/Monthly/Year (circle one) Employment Dates: From ____/____/____ to ____/____/____ Company Name_____________________________________ Address _________________City ____________ State _____ Job Title ________________ Phone No (___)______________ Supervisor Name _______________________ Gross Income $______________Hour/Monthly/Year (circle one) Employment Dates: From ____/____/____ to ____/____/____ 2 YRS OF EMPLOYMENT/LANDLORD HISTORY REQUIRED PRESENT RESIDENCE: PREVIOUS RESIDENCE: Community Name/Landlord:_________________________________ Community Name/Landlord:_________________________________ Address _______________________ _________________________ Address _______________________ _________________________ City __________________________ State _______Zip ___________ City __________________________ State _______Zip ___________ Phone Number:__________________ Fax:_____________________ Phone Number:__________________ Fax:_____________________ From ___/___/___ to ___/___/____ Monthly Rent/Pymt $_________ From ___/___/___ to ___/___/____ Monthly Rent/Pymt $_________ AUTOMOBILE: IN CASE OF EMERGENCY NOTIFY: Check box if you own an add’l car, motorcycle ______________________________________ Year, Make, Model & Color of Applicant’s Car ______________________________________Ph:(____)____________ Applicant’s Nearest Relative/Friend , other than spouse License Plate No. ________________ State _______ Address___________________________ City/St_________________ ______________________________________ Year, Make, Model & Color of Applicant’s Car License Plate No. ________________ State _______ Relationship: ______________________________________________ ______________________________________Ph:(____)____________ Applicant’s Nearest Relative/Friend, other than spouse Address___________________________ City/St________ Relationship: Page 1 Revised 02/17/16 Have you or any other member of the household ever been evicted or currently have an outstanding balance from previous rental? Yes No If so, please please___________________________________________________________________________ Have you or any other member of the household ever been convicted of a felony or juvenile felony? Yes If yes, please give details: When No Where Description of crime By signing below I authorize any agent acting on behalf of the apartment community to obtain any and all background information on me including but not limited to a credit check and a criminal records check. A person with a known felony conviction will not be accepted. Person(s) must exhibit no criminal conviction involving violence, firearms, illegal drugs, theft, crime involving the theft or destruction of property, or any crime involving a minor. Person(s) who have received deferred adjudication for a felony involving these crimes will not be accepted. Person(s) who have received deferred adjudication will be considered, provided the probation period has been satisfactorily completed, case dismissed, or set aside. That is, unless the offense was of a sexual nature, especially any offense involving a minor, or stalking, or crime of violence, particularly those involving any type of weapon. Person(s) convicted of a misdemeanor crime may be accepted, except for convictions involving sexual immorality, e.g. public lewdness, indecent exposure, and acts against a minor. A conviction related to any of the above will cause an applicant to be rejected, even if the applicant has fulfilled the sentence and is currently on probation, or even if probation has been fulfilled. It is our right to ask an applicant the dates and nature of any conviction (and/or deferred adjudication) on public record and our responsibility to our other residents not to lease to anyone with a violent history. This pertains to lease holder(s) and occupant(s). The undersigned represents that the above statements are true and complete and authorizes verification of information and references given. It is understood the amount received $ will be returned if applicant is not accepted as a resident. If accepted and subsequently the resident does not move in on the starting date (above), the amount received is hereby acknowledged as liquidated damages for non-performance and will be forfeited by the resident as compensation for holding the apartment off the market. Applicant expressly acknowledges that the Rules and Regulations have been read and understood and that said Rules and Regulations shall become part of the Lease Agreement. Date Page 2 , Applicant Revised 02/17/16 Fair Lakes Luxury Residences Qualifying Criteria Availability Applications for apartment homes will be accepted on a first come, first served basis and subject to the availability of apartment type requested. Rental Rates are subject to change without notice. Rental Applications An Application for Occupancy must be completed and maintained for each legal adult prospective resident who will be living in the apartment and/or contributing to the payment of rent. Any false information will constitute grounds for rejection of application and the lease may be nullified. Evaluation As a means of evaluating credit, the following information is evaluated with a scoring method that weighs the indicators of future rent payment performance. The score is based on statistical analysis of prior renters’ indicators and subsequent payment performance. Based on the score, we may choose to accept or reject an applicant, or seek additional requirements for approving the lease. These requirements may include, but are not limited to, additional documentation of income or employment, additional rental references, or an additional deposit. Qualifying Standards Residence: Up to 24 months of rental history may be verified on present and previous residence. A positive record of prompt monthly payment, sufficient notice, and no damages is expected. For applicants who are homeowners, permission must be granted to verify payment history with the bank or lending institution. Credit Report: An unsatisfactory credit report can disqualify an applicant from renting an apartment home at this community. An unsatisfactory credit report is one that reflects past or current bad debts, late payments or unpaid bills, liens, judgments or bankruptcies. If an applicant is rejected for poor credit history, the applicant will be given the name, address and telephone number of the credit reporting agency that provided the credit report (but not be told the content of the credit report.) An applicant rejected for unsatisfactory credit is encouraged to obtain a copy of the credit report from the credit reporting agency, correct any erroneous information that may be on the report, and resubmit an application to this community. Employment: Stable employment record and income verification may be required. In order for an applicant to be approved, he/she must generally earn on a gross monthly basis a minimum of three times the gross monthly leased rent. Acceptable income verification if required may include: a paystub; a letter from the employer; the most recent W-2 form; or, for self-employed applicants, a copy of the most recent tax return or certified verification from his/her company accountant or bank. Criminal Background: Grounds for rejection of an applicant or occupant may include, but are not limited to, any felony conviction or arrest record. We also do not lease to applicants with certain misdemeanor arrests and convictions. Verification through state public records. Criteria verification effective 11/2007. Co-signers / Guarantors In the event a co-signer/guarantor is required, he/she must complete an Application for Occupancy and meet all income and qualifying standards. A co-signer/guarantor will be fully responsible for the Lease Agreement if the occupying resident(s) default. Subletting Subletting is prohibited without the prior written consent of management. Application Fee A non-refundable fee paid by applicant for verification of information. Redecorating Fee A non-refundable fee is required to offset expenses incurred by management. If the application is rejected by management, the redecorating fee will be refunded in full. If applicant cancels after approval by management, the redecorating fee will be retained by management. Security Deposit A refundable Security Deposit may be required at designated properties and is held as security for the resident’s fulfillment of the conditions of the Lease Agreement. Deposit may be applied by management to satisfy all or part of the resident’s obligations, and such act shall not prevent management from claiming damages in excess of the deposit. If the application is rejected by management, the Security Deposit will be refunded in full. If the application is approved, and the applicant fails to occupy the premises on the agreed upon date, except for delays caused by the holding over of a prior resident, management will retain the deposit after a 24-72 hour time period. If there is a delay due to construction, the applicant will not be responsible. Occupancy Standards Two people plus one child under 18 months of age per bedroom per apartment. Roommates Each person must complete an application and will jointly qualify for the apartment. Each is fully responsible for the entire rental payment, and each must execute the Lease Agreement and its supporting documents. Page 3 Revised 02/17/16