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Resident Selection and Occupancy Criteria |
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| Income/Employment/Credit: | |
| Applicant's qualifying income and credit experience must meet criteria currently in use under the Rent Grow Resident Qualifying Formula. For purposes of qualification, expenses include but are not limited to: rent, utilities, payment on credit card balances and installment loans. In the case of roommates, combined income and expense will be used to determine eligibility to pay. Both are fully liable for payment regardless of the performance of the other. Where expense ratios exceed 40%, consideration can be given if some debt is to be paid off in less than four months. Salary and/or wages, length of employment, and position must be verified for all applicants. Employment income must be verifiable through one or more of the following sources: a company business office, letter of employment, verification of income form, check stubs or tax return. | |
| Landlord References: | |
| References from the applicant's current and former landlords are required on all applications. If the applicant owned a home, the Mortgage Company must be used as a reference. Any record of chronic nonpayment, disregard for lease provisions, or eviction, are grounds for denial. | |
| All rental references must meet the following criteria in order to be substantiated: | |
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| Misrepresentation/Criminal Activity: | |
| You will be denied rental if: | |
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| Occupancy Criteria: | |
| The occupancy standard is two persons per bedroom. No persons other than those listed on the application and lease may occupy an apartment without prior written approval. | |
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| Motor Vehicles: | |
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| Documentation/Misc: | |
| All applicants must provide positive identification in the form of a valid driver's license or a state issued picture identification. All applicants are required to complete and sign an application and pay an application processing fee of $35.00. All applicants are required to sign a lease before occupancy. All applicants are required to pay the security deposit before occupancy. | |
| Non-Discrimination: | |
| It is the policy of Sentry Management Services, Inc. to comply with all local, state, and Federal Fair Housing laws. These laws require that the kind of service provided to a home seeker shall not be influenced by the home seeker's race, color, religion, sex, handicap, national origin or familial status. | |