Renting Standards

Rental Qualifications

It is policy of Littell Properties to uphold the Fair Housing Laws and not deviate from these policies. We provide equal housing for all people, regardless of race, color, religion, sex, national origins, handicap, or familial status.

AVAILABILITY: Application for apartments will be accepted on a first come, first serve, basis. All information on the application must be complete, accurate, and verifiable. The application fee of $35 (money orders or personal checks only, no cash accepted) should be turned in with application and all necessary paperwork. Security/Holding deposit (money orders or personal checks only, no cash accepted) must be paid after an application is accepted and processed. Apartments will be reserved for applications based on the availability of the unit type requested by applicant, only once applicant is accepted. Apartment may be held for up to 30 days before move-in date.

LEGAL RESIDENCY: All applicants and prospective occupants must provide appropriate verification of their lawful residence in the United States as requested by Management.

RENTAL RATES: Rental rates are subject to change without notice. No third-party payments.

RENTAL APPLICATIONS: A rental application must be truthfully completed for each prospective applicant and/or occupant whom is of the legal age of 18, or older, and will occupy the apartment. Any false information may cause application to be rejected or Lease be nullified. A non- refundable application/administrative processing fee will be required for each applicant. The applicant’s information will be entered into a scoring system, which determines both rental eligibility and the security deposit amount, which will be required.

STATE AND LOCAL LAW: To the extent state or local law differs from the guidelines, then state or local law will govern.

Application Evaluation

SCREENING CRITERIA: An outside consumer reporting agency is used in connection with the verification of applicants’ income, credit, rental, and criminal history. In addition, based on their credit history and debt to income ratio, applicants may be required to provide evidence of income, and rental history, and larger than standard deposit, satisfactory to Management, and as requested by Management. The consumer reporting agency considers a number of factors in its determination, including, but not limited to: credit history, criminal history, income, applicants’ debt and debt service requirements, debt department history, eviction history, social security fraud history, and information about applicants contained in databases of Federal, State and local law enforcement organizations, and over such relevant information.

CREDIT: Good credit history is required for standard acceptance. Applicants with no credit, slow credit, or marginal credit may be approved with an additional security deposit. Information from several credit reporting agencies may be used to determine credit status.

OCCUPANCY HISTORY: We reserve the right to verify up to seven years of rental history. A positive record of prompt monthly payments, sufficient notice given, and no damages, is expected. Renting from a relative is not considered rental history; as a contract performance cannot be determined. Home mortgages can be substitute for rental history. If there is no rental history, application may be approved with an additional security deposit.

EMPLOYMENT: Proof of stable and verifiable current employment must be provided. Annual income is taken into account as a portion of the approval process. Acceptable methods of proof of income may include: three months‘ worth of recent pay-stubs; a letter from the employer on company letterhead; the most recent W-2 form; or, for self-employment applicants, a copy of the most recent tax return or certified verification from his/her company accountant or banks statements with applicants’ name(s). Individual applicants must gross 3 times the monthly rent; roommates must each gross their pro-rated share of 3 times the monthly rent.

CRIMINAL BACKGROUND: A criminal background check will be conducted for each applicant and prospective occupant who is of the age of 18 or older. The application or occupancy of any person may be denied at any time based on their criminal history, in Management’s sole and absolute discretion. Criminal history for which Management may deny applications or occupancy include, but are not limited to: felony convictions, active parole, or  resulting from charges related to: terrorism, manufacture, or delivery of any controlled substance, marijuana, drug paraphernalia, weapons, fraud or financial crimes, prostitution, sex, animal cruelty, or crimes held against person or property.

GUARANTOR/COSIGNER: In the absence of the above financial qualifications, with the exception of negative credit or rental history, a guarantor mat be accepted. Guarantor must complete rental application and must fully meet the credit and criminal background requirements. Guarantor’s gross monthly income must equal five to six times the monthly rent depending on desired unit. Guarantor’s income and employment must be verified. Guarantor’s application must be run separately from applicants’ application. All applicants using a Guarantor must abide by the screening recommendation. Guarantor must sign the guarantor agreement and all other documents required by Management. Guarantor will be fully responsible for the lease if the resident(s) default.

RESERVATION FEE/ADMINISTRATIVE FEE: A non-refundable application/administrative fee is required at the time of application. If the applicant cancels application, fails to sign the lease contract after approval, or withdraws the application before approval, state and local ordinances will be followed as outlined on the Application Agreement in paragraphs 3, 6, & 7 regarding refunding the administrative fee. Additional fees for employment verification may incur and are non-refundable.

SECURITY DEPOSITS: A security deposit is required to reserve an apartment. The security deposit, or any portion thereof, may be applied by Management to satisfy all or part of the Resident’s obligations. Management may require payment for damages above and beyond those covered by security deposit, if such charges are warranted. If management rejects the applications, security deposit will be refunded in full after 30 days of move out, after lease obligations have been fulfilled.

 RENTER’S INSURANCE: Proof of a current Renter’s Insurance Policy is required. Check with your Leasing Consultant for details and requirements.

OCCUPANCY STANDARDS AND MULTIPLE RESIDENTS: Two people per bedroom, unless local ordinances state otherwise. Each resident must apply and qualify individually for the apartment. Unmarried couples must qualify individually for the apartment. Married couples must qualify jointly for the apartment. Each applicant is fully responsible for the entire rental payment, and each must execute the Lease Agreement and its supporting documents. (CURB ordinance division sec10-331 overcrowding)

ANIMALS (PETS): Acceptable animals include domestic cats, dogs (specific breeds are not permitted – see below), turtles, nonpoisonous frogs, domestic hamsters, hermit crabs, gerbils, small domesticated birds, and domestic fish. The following breeds of dogs (or any mix of the following breeds) are not permitted: Rottweilers, German Shepherds, Huskies, Alaskan Malamutes, Doberman Pinschers, Chow chows, Great Danes, St. Bernards, and Akitas. Also defined as “Pit Bull” is any dog that is American Pit Bull Terrier, American Staffordshire Terrier, Staffordshire Bull Terrier, Dogo Argentino, Presa Canario, or Cane Corso, or any dog displaying majority physical traits of any one or more of the above breeds. Farm, ranch, or wild animals are also prohibited, including snakes, spiders, ferrets, reptiles, raccoons, exotic felines, marsupials, and any animal requiring a permit from the Fish, Game, and Wildlife Dept. When and if an approved animal is permitted on property, additional fees will be required. This policy does not apply to disabled persons who require use of a support animal, which will be reviewed on an individual basis.

I acknowledge and accept the above standards and guidelines and would like to proceed to the application.

 

 

 

Littell Properties does not discriminate against any applicant in accordance with the Fair Housing Laws which can be viewed HERE.  If you have any questions please call us at 713-526-3093, email us at littellproperties@gmail.com, or fax us at 713-583-9585.

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