Rental Criteria

Welcome Home!  We appreciate your interest in our homes and communities and we are excited to show you everything we have to offer.  In order to schedule a tour, we will need you to first fill out an application, but before you do that take a minute to review our rental criteria.

Every adult that will be living or staying in the property will need to apply and go through a background and credit check.  All lessees must be 21 years old, those under 21 will require a co-signer.

Credit History:  Applicants need to show that they are trustworthy and reliable.  We look for a credit score at or above 550.  Other factors that are considered are length of credit history and single one-time events that have negatively affect your credit score.  Those with short or no credit history will be required to have a co-signer.

Background Check:  Applicants will be screened for criminal convictions.  This Company does not discriminate on the basis of race, color, religion, sex, disability, familial status or national origin.  However, ensuring resident safety and protecting property are fundamental responsibilities of this Company.  Therefore, the Company has adopted the following policy with regard to criminal background checks of potential tenants.  All applicants will be provided a copy of this policy and this policy will be consistently followed with each and every applicant.

A Criminal Background Check will not be made until an applicant’s financial and other qualifications have been verified.
Arrest records will not be considered.  Only convictions will be considered. An individualized assessment will be made by Company staff which considers the following:

• The nature and severity of the crime for which the applicant was convicted
• Facts and circumstances surround the conviction.
• The age of the individual at the time of the conviction and/or how long ago the conviction occurred.
• Whether the individual suffered from a disability which actually contributed to the crime and the applicant no longer suffers from same
• Evidence of whether the applicant has maintained a good tenant history before and/or after the conviction.
• Evidence of rehabilitation efforts

Rental History:  Applicant must have a minimum of twelve (12) months consecutive rental history or proof of home ownership. Satisfactory history is defined as no more than two (2) late payments, the resident gave adequate notice to vacate, and there are no outstanding financial obligations to the landlord. The previous landlord must be willing to re-rent to the applicant. Applicant must not have left another apt. community with money owed.  If first time renter, we may require an additional deposit and/or a co-signer. Deposit will not exceed two months of market rent.

Income:  Monthly combined income for all occupants must be three times (3) the monthly rent. Verification can include pay stubs, phone verification by an employer, tax forms, etc., or an acceptance letter from employer.

Deposit:  We require a deposit equal to 70% of one month’s rent.  However, we understand that moving costs can add up. To help reduce costs we encourage our most qualified renters to apply to rent deposit-free and avoid the cost of putting down a cash security deposit. Ask about our deposit-free service when your lease application has been approved.

Co-signers: Can co-sign for the lease agreement only after filling out an application and meeting all rental criteria. Income requirements for a co-signer must be three and a half (3 1/2) times the monthly rent. Co-signers must pay for a credit check and will not be accepted with insufficient credit history.
 

Occupancy Guidelines:  All residents and adult occupants must be listed on the lease agreement. Residents are allowed only 1 qualified change of occupants per lease agreement. No more than two (2) occupants may reside per bedroom. All lessees must be 21 years or older without co-signer. The two (2) person limitations shall not apply to a child or children born during the course of the lease. 

Renters Insurance:  Every lessee will be required to be a named insured on a renter’s insurance policy with a liability limit of no less than $300,000.  Pollard Properties, LLC must be named as an additional interest on the policy.  Proof of policy will be required BEFORE move-in.

Rental Term:  The minimum rental term is 12 months.  If a resident elect to move out prior to the end of the term they will be responsible for the remaining rent payments.

Pets:  Only dogs and cats are permitted within the following guidelines:

-Pet rent is $25 per pet per month.
-No exotic pets.
-No aggressive breeds.  If the breed is questionable, the decision will be left up to the property manager.
-No more than two (2) pets per home, without written permission.
-All pets must be named on lease with name, age, and breed.
-Pets found in a property without proper notice will result in a $400 fine and is grounds for eviction.

False Information:  Any falsification of information, including knowingly omitted information on the application, will automatically disqualify the application. All deposits and application fees taken will be forfeited.