Requirements for Prospective Tenants or Commercial Clients
Residential applicants must meet the following standards for qualification:
Applicants must have a current photo identification and a valid social security number.
Applicant's monthly household income must exceed three times the rent. (i.e. $1200 rent would require at least $3,600 in monthly income) All income must be from verifiable sources. Unverifiable income will not be considered.
Applicants must receive positive references from all previous landlords for the preceding 5 years.
Applicant may not have any evictions or unpaid judgments from previous landlords.
Applicants must exhibit a responsible financial life. Credit score must be a minimum of 600.
A background check will be conducted on all applicants over 18. Applicant’s background must exhibit a pattern of responsibility.
Applicants must not have any felony convictions, except those prohibited for exemption under North Carolina or Federal Law.
Applicants and household occupants must be non-smokers.
Applicants and household occupants must not have pets that could damage the property.
Occupancy is limited to a maximum of 2 people per bedroom.
At property managers’ discretion, compensating factors such as an additional security deposit or co-signer (guarantor) may be required for qualification if applicant fails to meet any one of the above requirements. In the event of multiple applicants, tenancy will be granted to the most qualified, based on the above criteria at the sole discretion of the Property Manager.
