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Qualifying Criteria - Rental Properties


The following criteria are applied equally to all persons, regardless of race, color, creed, religion and familial status. They are intended to be objective criteria by which a manager makes a decision to rent or not rent to a prospective resident. We believe in equal opportunity for housing.

Gross Household Income: Must total a minimum of three times the initial monthly rent.
   
Required Documentation for Each Tenant: Driver's License
Social Security Card
Last three pay stubs

If self - employed, we will need the prior year's federal income tax return (signed) and the last three months of personal and business bank statements.
   
Number of Occupants: There must be no more than two residents in a studio, three residents in a one bedroom residence and no more than five residents in a two bedroom residence.
   
Guarantors: Are accepted only when the applicant is a full time student, a retired person with limited or fixed income, or a person who is legally disabled. Guarantors must be residents of Los Angeles or Ventura County.
   
Credit: Positive credit required. No bankruptcies in the last three years unless a minimum of three positive accounts have been established since the bankruptcy with no late payments.
   
Rental History: We must be able to verify your rental history with the landlord prior to the existing landlord. No evictions and not more than one late payment in the last ten months of the lease.
   
Security Deposit: Equal to one month of rent.
   
Application Fee: $30 non - refundable application fee per adult 18 or older. All residents 18 years and older must submit an application and sign any lease.
   

We do not accept cash except for the application fee. All funds due prior to occupancy must be paid in Cashiers Check or Money Order.

The criteria set forth above is for the protection of our clients and anyone renting a property managed by our firm.

 



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