RESIDENT SCREENING POLICY
Welcome to our community. Before you apply for an apartment home, please take the time to review this screening
policy. All persons 18 years of age or older, not dependents, will be required to complete separate rental applications.
Applicants with adult dependents, and applying for residency will complete a joint application. The term “applicant(s)”
under this policy means the person(s) that will be signing the Lease as “residents”; the term “occupant(s)” in this
policy means the person or persons that are authorized occupants under the Lease.
Please also note that these are our current rental criteria; nothing contained in these requirements shall constitute a
guarantee or representation by us that all residents and occupants currently residing in the community have met
these requirements. There may be residents and occupants that have resided in the community prior to these
requirements going into effect; additionally, our ability to verify whether these requirements have been met is limited
to the information we receive from the various resident credit reporting services used. It is the policy of this
community to comply with all applicable fair housing laws including those which prohibit discrimination against any
person based on race, sex, religion, color, familial status, national origin or handicap.
Applicants are required to have a valid government issued picture identification or a resident alien card. These forms
of identification will be used by an outside company to verify credit, rental, employment, and criminal histories.
1. Occupancy Guidelines – The following occupancy standards apply based on 2 persons per bedroom.
One Bedroom Two Persons
One Bedroom with Den Two Persons
Two Bedroom Four Persons
Three Bedroom Six Persons
* Residents who exceed these occupancy standards during the lease term, will be required, upon the end of the current lease term, to
either:
i. Transfer into another available apartment which has more bedrooms; or
ii. Move out
2. Age – Applicants must be 18 years of age or older unless deemed to be an adult under applicable law with
respect to the execution of contracts.
3. Credit – A credit report will be completed on all applicants to verify credit ratings. Income plus verified credit
history will be entered into a credit scoring model to determine rental eligibility and security deposit levels.
Unfavorable accounts which will negatively influence this score include, but are not limited to: collections,
open bankruptcies, charge-off, repossession, and current or recent delinquency. Debt to Income also is
reviewed to determine if the amount of rent they are applying for can be afforded.
ADDITIONAL APPLICATION DEPOSITS WILL BE REQUIRED FOR ALL CREDIT RECOMMENDATIONS
BELOW AN ACCEPT LEVEL, NOT INCLUDING A DENY RECOMMENDATION.
Refer Credit Recommendation occurs on applicants with little or no credit history. In such cases,
additional checks for rental and income/employment will be completed. If the criteria are met in these
checks, an additional deposit will be required. On rental history, applicant must have 6 months of positive
rental history within the past 24 months. (Please refer to Clause 8 of this document for detailed information
on rental history requirements.) When no rental history exists, an additional deposit is required. A criminal
background check must be approved before further approval consideration is given.
4. Income – Gross income for all applicants in one apartment home will be combined and entered into the
credit scoring model for income eligibility. All applicants will be asked to produce consecutive and most
recent pay stubs for the last 4 weeks from Application Date. If handwritten pay stubs are supplied, the
documents must be validly notarized to be deemed sufficient. Applicants must have a minimum combined
gross income of 3 times the monthly rent. Additional sources of verifiable income may be considered.
These sources may include: child support, grants, pensions, GI benefits, disability, trust funds, social
security and savings accounts. (Applicant(s) must supply six consecutive months of bank statements if any
of the additional sources of income cannot be provided)
Some credit scoring results will necessitate further income verification. In such instances, verification with
employer will be completed or applicant may be asked to produce additional financial statements/records.
5. Employment –If employment is to begin work shortly, the applicant must provide a “letter of intent” to hire.
6. Self Employment, Retired or Unemployed – Such applicants must provide the previous year’s income tax
return and the previous two month’s bank statements, or twelve months of financial statements and must
exhibit no negative references.
7. Criminal History – A criminal background check will be conducted for each applicant and occupant age 18
years or more. The application will be denied for any of the following reported criminal related reasons that
have occurred within the timeline identified below prior to the application date regardless of the applicant’s
age at the time the offense was committed. All records are evaluated from the date of disposition.
Offense
Felony
Misdemeanor
C
rimes Against a Person or Property
10 years
2
years
Drug Related Offenses
10 years
2
years
Theft By Check Related Offenses
10 years
2 years
Worthless Check and/or Bogus Check Related Offenses
10 years
2 years
Sex Related Offenses and
Terrorism Related Offenses
10 years
Prostitution Related Offenses
10 years
2
years
Weapons Related Offense
10 years
2 years
Cruelty To Animals Related Offenses
10 years
2
years
Any Other Felony Offense
Felony offenses that do not fall within categories above, (ex:
traffic)
10 years
Please remember that this requirement does not constitute a guarantee or representation that residents or
occupants currently residing in our community have not been convicted of or subject to deferred adjudication
for a felony, certain misdemeanors or sex offenses requiring registration under applicable law; there may be
residents or occupants that have resided in the community prior to this requirement going into effect;
additionally, our ability to verify this information is limited to the information made available to us by the
resident credit reporting services used.
8. Rental History – Some credit scoring results will necessitate an evaluation of verifiable rental or mortgage
payment history for the last 24 months. In these instances, applicant must have a minimum of 6 months
cumulative verifiable rental or mortgage payment history within the last 24 months. In such instances, if a
previous landlord cannot be contacted, 6 consecutive months of proof of payment must be verified and a
copy of the lease contract must be provided. Applicants not having verifiable rental or mortgage history may
have to pay an additional deposit.
When applications also depend on the results of a rental history investigation for an approval/denial
determination, applications for residency will automatically be denied for the following reasons:
i. An outstanding debt to a previous landlord or an outstanding NSF check must be
paid in full
ii. A breach of a prior lease or a prior eviction or in the process of eviction of any
applicant or occupant
iii. More than 2 late payment and/or 1 NSF within 6 months or late payments and/or
NSFs within a year
9. Guarantors – Guarantors will be accepted for applicants who do not meet the required rent-to-income ratio
or denied on credit. Only one guarantor per apartment is permissible. For guarantor-supported applications,
an additional application deposit will be required. The deposit level will be based on the credit analysis. The
guarantor will be required to complete an application and pay a full application fee. Guarantors must have a
gross monthly income of 4 times the monthly rent and meet all other qualifying criteria identified in this
screening policy. The guarantor will be asked to sign a Guaranty of Resident Obligations to support the
application. Guarantors may be relatives or an employer; friends may not serve as a Guarantor.
10. Animals
If animals are accepted at the RREAF Residential community where application is made, no more than two
animals are allowed per apartment. Animals must be no less than six (6) months of age. Aggressive breeds
will not be allowed, see list below. A $300 refundable pet deposit, a $300 non-refundable pet fee, $20
monthly pet rent and prior approval from management will be required for each pet with a maximum of two
pets. Aquariums will be allowed with a 20-gallon maximum on the first floor only.
RESTRICTED ANIMAL/BREED LIST
(included but not limited to)
(Note: Service/Companion animals may not be subject to this list)
Breeds of Dogs: Pit Bull
Rottweiler
Presa Canario
German Shepherd
Husky
Malamute
Doberman
Chowchow
St. Bernard
Great Dane
Akita
Terriers (Staffordshire)
American Bull Dog
Any hybrid or mixed breed of one of the aforementioned breeds
Poisonous Animals: Tarantulas
Piranhas
Exotic Animals: Reptiles (snakes, iguanas)
Ferrets
Skunks
Raccoons
Squirrels
Rabbits
Birds (parrots, cockatiels, macaws)
11. Vehicles
One vehicle per lease holder is are allowed per apartment. Vehicles must be operational and have current
registration and inspection. Boats or trailers are not allowed at any time.
12. Renter’s Insurance Requirement – RREAF Residential requires all residents to carry a minimum of
$100,000 Personal Liability Insurance. We recommend that you consider adding Personal Property
Coverage as added protection. Although you may select any insurance provider, RREAF has partnered with
eRenters Insurance to provide a convenient, reasonable option that offers peace of mind. For additional
questions about coverage, you may contact eRenters Insurance by calling (888) 906-5865 or visit their
website at www.realpage.com/erenterplan-insurance/. Regardless of the provider you choose, proof of
Personal Liability Insurance (Confirmation of Insurance or Declaration Page) must be presented to the
Leasing Office prior to the extension of your lease term.
13. Deposit Levels – The results of the credit score will determine the amount of Application Deposit. If
applicant is denied due to qualifications the deposit will be refunded.
14. Falsification of Application – Any falsification in Applicant’s paperwork will result in the automatic denial.
In the event that an Applicant falsifies his/her paperwork, owner has the right to hold all deposits and fees
paid to apply towards liquidated damages.
Application will not be considered until the Application has been fully executed and returned, and all applicable Application Deposits and
fees have been paid. The deposit is fully refunded up to 72 hours as good faith to hold the unit. If applicant cancels after 72 hours the
deposit will be forfeited. I have read and understand the entire resident screening policy of this community.
APPLICANT(S) SIGNATURES
_______________________________________ DATE___________________________
_______________________________________ DATE___________________________
