BASIC RESIDENT QUALIFICATIONS

Before beginning your search for an Atlanta Area rental, it is essential to understand what will be required from you when finding your ideal home. Please review the rental requirements in detail below for renting from one of our landlords. The time to process a complete application is 1-3 business days from when your application file is complete. The failure to provide all the information requested will result in the denial of your application and the forfeiture of your application fee.

Application Requirements

You must fill out your application completely and accurately. An incomplete application may be rejected or not processed. Any misstatements or omissions made on your application, whether or not discovered before you move into the building, is grounds for denial of an application or termination of an existing lease. Your application should be completed online by clicking this link. The link to do this is on the future tenant’s tab. The information provided must be verifiable. If the information given on the application cannot be checked out and verified, this is a reason for rejection. The omission of information, such as an address or employer, may be grounds for rejection. Application fees are non-refundable.

Identification and Application Process.
Every person over the age of 18 must be screened and must provide a government-issued photo ID.

Verification of Income at least three times the monthly rent.

Owners will require the verification of your income, which can be provided in 4 different forms.

• A letter, on company letterhead, from your employer, which must include - position, salary, the start date of employment, and length of employment. Offer letters aren’t usually accepted, but any additional pertinent info is welcomed at this stage.
• Copies of recent pay stubs are also needed as proof of income.
• Tax returns and W-2 forms from the past 2-3 years.
• Recent bank statements (3 statements or a letter from your bank) must be provided as part of the process. The banking information must show the duration, history, status, and balance of your accounts.

Recommendation from Your Current Landlord

You must provide information for your current and two previous landlords, more if less than four years of history is provided. We require the name and last known telephone number of each landlord/property manager/mortgage or contract for deed payee for each address you have had for the last four years. Roommate references are not acceptable. A positive housing history is one of the most important things considered in screening an application. The refusal of a prior landlord to give a reference, or a negative reference, may be grounds for rejection. In the case of a foreclosure, short sale, first-time renters, young people, or students, this requirement may be varied subject to additional conditions of management.

Credit History

A routine credit check is almost always performed by landlords or their agents. Anyone interested in renting should check in advance that their credit report reflects favorably on them. It is wise - if possible - to clear any outstanding issues prior to searching for a new rental.

An average or even poor score may not prevent you from getting your desired rental - if you can provide a guarantor or there are other mitigating circumstances. Always ask an individual before you submit their name as a guarantor. Serving as a co-signer carries significant responsibilities. A guarantor agrees to accept responsibility if you default on your rent. A co-signer will also be asked to provide their financial information. Our minimum credit score is 540, and we consider a score of 600 or above a mitigating factor for other adverse areas in your application. High debt, dishonored debt, a pattern of repossessions or the inability to obtain utilities in your name due to unpaid past due utility bills may be grounds for disqualification.

Positive Business Relationship
The relationship between a landlord and tenant is a business relationship. A courteous and business like attitude is required from both parties. We reserve the right to refuse rental to anyone who is verbally abusive, swears, is disrespectful, makes threats, has been drinking, is argumentative, or in general displays an attitude at the time of the unit showing and application process that causes management to believe we would not have a positive business relationship.

Criminal History
Applicants who have a criminal history may be rejected. We look at the type of offense and recency of the crime in deciding to accept you as a tenant.

Animals

All animals must be disclosed; a separate pet application must be completed.

Initial Costs

• Security Deposit (equivalent to a month’s rent plus 100)
• First Month’s Rent (and increasingly, an amount equal to last month’s rent)
• Cost of Application/Credit Report ($55-$165) depending on the number of adults residing at the property

APPROVAL

Upon approval, you must sign a lease agreement within five business days and pay a reservation fee in certified funds, which shall become the deposit when you move in. First month’s rent or prorated rent must be paid before occupying the property. If you fail to move into the property or change your mind, the reservation fee is forfeited as liquidated damages.

Consent: By submitting an application online, you have given us your expressed consent to conduct a full comprehensive background, credit, and criminal analysis.