Tenant Qualification

TENANT QUALIFICATION

The following is the Resident Qualification Criteria of Vue Property Group (Landlord). It may be revised, modified, or updated from time to time by Landlord at Landlord’s sole discretion. Applicants may be subject to more restrictive qualification criteria as established by Homeowner Associations (HOAs) and municipalities. These criteria do not constitute a guarantee by Landlord that residents in our homes meet Landlord’s qualification criteria. Residents may have occupied a home before these criteria went into effect. Landlord’s ability to verify an Applicant’s information is limited to the information provided by Applicants and screening services used.

An application must be completed for each occupant 18 years of age or older, unless deemed an adult under applicable law.
A non-refundable application fee of $35 must be paid by each Applicant before an application and background check will be processed. The application fee is non-refundable.
All Applicants are required to present a valid government-issued identification. Except as otherwise prohibited by applicable law, non-U.S. citizen Applicants may be required to present additional documentation evidencing Applicant’s right to live in the United States through the end of the lease term.
An application does not constitute a lease agreement or offer to lease. No lease shall exist unless and until Landlord and Applicant execute a lease agreement and Applicant pays all required funds.
Falsification of any information on an application may result in Applicant’s automatic denial. If an Applicant is denied for falsifying paperwork, Landlord may retain all deposits and fees paid.

Landlord and Landlord’s agents are committed to providing equal housing opportunities to all Applicants regardless of race, color, religion, national origin, sex, disability, family status, sexual orientation, gender identity, lawful source of income, or other protected class status under applicable law.

Home details on Landlord’s website are offered for illustrative purposes only. Actual home details may vary. Applicant should verify all information before lease execution.

Resident Qualification Criteria

1. Occupancy Guidelines
- The maximum occupancy is two (2) persons per bedroom, plus one additional person per home.
2. Age
- Applicants must be 18 years of age or older, unless deemed an adult under applicable law.
3. Credit
- A credit report will be completed on all Applicants to verify creditworthiness. Verified credit history will be entered into an application scoring model to determine rental eligibility.
- Applicant may be denied if a credit score cannot be obtained.
- Open bankruptcies will result in an automatic denial of the application.
- A credit score lower than 500 will result in an automatic denial of the application.
- A credit score lower than 550 will require further evaluation of overall credit worthiness and may result in a denial of the application.
- Some credit results may require further verification.
4. Income
- The combined household income must be a minimum of three (3) times the monthly rent.
- Employed Applicants will be asked to produce pay stubs for the past four (4), consecutive weeks.
- Employed Applicants’ employment and income may be verified by accessing an online employment database.
- Additional legal sources of verifiable income may be accepted. Examples include social security, child support, disability, retirement, bank statements, and any other legal, verifiable income. Applicant must provide three (3) consecutive months of bank statements if an additional source of income cannot be confirmed from its source.
- Applicants starting a new job may be required to provide an Offer Letter on employer letterhead confirming start date and compensation terms.
- In instances where sufficient income requirements cannot be met, Landlord may elect to accept a Guarantor.
- Self-employed applicants must provide a copy of their previous two years tax returns and documentation of the financial performance of the current year to date.
- Some income results may require further verification.
5. Guarantor
- A Guarantor must submit an application and pay a non-refundable application fee, if applicable.
- Landlord allows only one Guarantor per household.
- A Guarantor is subject to the same qualification requirements as an Applicant but must have an income of four (4) times the monthly rent.
- A Guarantor will be required to sign the lease.
6. Rental History
- Applicant must have a minimum of 12 months of continuous, positive, verifiable rental history.
- Applicant with payment skip history, negative landlord reference, or owing monies to a previous Landlord is an automatic denial of the application.
- Eviction records in the last 5 years is an automatic denial of the application.
7. Criminal History
- A criminal background check will be completed for each Applicant.
- In evaluating an Applicant’s criminal history, Landlord will conduct an assessment of the risk to persons or property posed by an Applicant that may consider: (1) the type of crime; (2) the severity of the crime; (3) the facts or circumstances surrounding the crime; (4) the length of time that has passed since the crime; (5) the age of the Applicant at the time of the crime; and (6) evidence of rehabilitation efforts.
- Convictions for the manufacture or distribution of a controlled substance, sexually related offenses, or violence against persons or property may result in an automatic denial of the application.
- Landlord will not deny an Applicant solely on the basis of arrests or pending criminal actions.
- Denied Applicants may petition Landlord for reconsideration by providing additional information to assist Landlord in its review of criminal history.
8. Pets
- Certain dog breeds are not permitted, including Pit Bulls, Terriors, Staffordshire Terriers, Rottweilers, German Shepherds, Presa Canarios, Chow Chows, Doberman Pinschers, Akitas, Wolf-hybrids, Mastiffs, Cane Corsos, Great Danes, Alaskan Malamutes, Siberian Huskies and any mix containing one of these breeds.
- Many properties do not allow pets. If the property owner does allow pets, then the pets must be approved at the sole discretion of the property management company. No aggressive breeds are allowed based on insurance coverage. An additional $300.00 non-refundable pet fee is required. No more than two (2) pets are allowed per home without Landlord’s prior written approval.
- Assistance animals for persons with disabilities are not considered to be pets and are not subject to the above pet restrictions. Assistance animals require Landlord’s advance written approval.
- Livestock, poisonous, wild, or exotic animals are not permitted
- Aquariums may be permitted, subject to a 20-gallon maximum.
- Photos of pets, vaccination records, and insurance policy number must be must be submitted to have your pet considered for approval.
9. Vehicles
- No more than four (4) vehicles are permitted.
- Vehicles must be operational and have current registrations.
- Boats and trailers are not allowed without Landlord’s prior written approval.
10. Renter’s Insurance
- Landlord requires that residents obtain renter’s insurance for casualties such as fire, flood, water damage, theft, and general liability. Renter’s insurance should have a minimum of $100,000 of liability coverage with Landlord identified as an Additional Insured (or other appropriate designation as available).
11. Smoking Policy
- All Rental homes are smoke free.

Fees & Deposits

Application/Screening Fee

$35.00 per persons, 18 years of age or older. Students using a Guarantor will only be required to pay $50.00 total for both student and Guarantor application/screening fee.

Application Payment Method

Online payment at time of application. Cashiers check or money order may also be accepted. No Personal Checks.

Security Deposit

Equal to minimum one month’s rent plus any additional pet or other deposit requirements, unless otherwise outlined in writing.

A complete application package includes all items listed above. An incomplete application package will not be considered. The application process generally takes two business days to process after receiving the complete application package. This timeframe is not a guarantee but rather a general guideline. We do require that the property be viewed in person prior to processing the application.

Once an application has been approved the tenant(s) will be notified by phone or email. Within 24 hours, the tenant(s) must make arrangements with Vue Property Group to deliver the security deposit. Once the security deposit is received by Vue Property Group, the property is taken off the market and all other inquiries are cancelled. If for any reason the tenant decides not to occupy the property after submitting the security deposit, the security deposit is retained as liquidated damages by Vue Property Group.

Once the property is secured by the new tenant the lease agreement and all other supporting documents will be compiled. The new tenant(s) will need to sign the lease agreement within five business days of paying the security deposit. If the period between receipt of the security deposit and lease signing is longer than five business days, the security deposit may be forfeited as liquidated damages, and terminate all further obligations under this agreement. The property will be put back on the market. Tenants must be willing to start the lease within 14 days of application approval. If the property is not available until a future date, tenant must be willing to start a lease within 14 days of the availability date.

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