Rental History:
- REASONS FOR DENIAL OF APPLICATIONS If you failed to give proper notice when vacating
a property. If the previous landlord(s) would be unwilling to rent to you again for reasons
pertaining to your behavior or that of any family member, guest (welcome or not), or any
animal on the property during your tenancy. If you have had two or more late payments of
rent within the last 12 months. If you have an unpaid collection filed against you bya
Property Management Company. If an unlawful detainer action or eviction has occurred
within the past five (5) years. If you have recently received a 5-day notice to pay. If you have less than a 520 combined average Trans Union applicant credit score. If you have had two
(2) or more NSF checks within the last 12 months. If you have allowed any person(s), not on the lease, to reside on the premises. If we are unable to verify your information, we must
deny the application. If you violate any of our terms of service during this application
process.
- Any rental history indicating late payment in excess of three (3) times and/or indicating non-sufficient
fund checks in excess of two (2) times within a twelve (12) month period will be cause to deny application.
- Any history of vacating housing without giving proper notice could be cause to deny application
- Any unpaid rental housing judgment within the last 24 months will result in rejection of the application
- Any rental history that documents non-compliance issues which include but are not limited to nonpayment of rent, domestic violence, property damage, disturbing the peace, disruptive or dangerous behavior, unsanitary or hazardous housekeeping may cause an applicant’s application to be rejected.
Previous Residence History:
Residence History We require verifiable residence history for at least three (3) years whether
you currently own or rent. Applicants are responsible for providing information including the
names, addresses, email address of landlord, and phone numbers, of Landlords with the
dates of tenancy for the previous 3-5 years. Rental history must be verified from unbiased
sources, landlord information will be matched to tax records. Homeownership will be
verified from a current credit report. We can accept base housing as rental history. Any
evictions within the previous 5 years will be automatic grounds for denial. Broken leases will
be considered ona case-by-case basis and an additional security deposit may be required.
Criminal History:
- Misdemeanor or felony convictions involving a crime against persons or property, or any firearms
convictions may be cause for rejection of application.
- Drug-related convictions may be a cause for rejection or application.
- Cruelty to animal related convictions may be a cause for rejections of application
- Prostitution or any other sex related convictions may be cause for rejection of application
- Active status on probation or parole resulting from any of the above may be cause for rejection of application.
SEX OFFENDERS:
Applicants should satisfy their concerns regarding crime statistics or the presence of any sex offenders in the area, before submitting an application. This information is available free
of charge on the internet HERE.
Pets:
- Number of pets must not exceed that imposed by local law
- All pets must meet the approval of the landlord.
- Pictures of all pets are required at time of application as well as required pet deposit
- Pit bulls, Rottweiler’s, German Shepherds and Dobermans (or any other dog that qualifies as a “dangerous
dog” as outlined in the Code of Virginia) are restricted breeds and are not permitted at our rental homes.
- The landlord reserves the right to request additional pet deposit and per rent.
- If you have a Service dog. The service dog must have a certification for training as a service dog. Additional information maybe required.
Errors & Omissions:
Every effort has been made to provide applicants with reliable and accurate information
regarding the home you are applying for — however, changes can and do take place to cause
inaccurate information to be accidentally presented. We encourage all tenants to verify
schools, allowable pets, expected features, or any HOA concerns prior to signing a lease
agreement. Any information posted in online advertisements does NOT constitute a written
agreement or guarantee of the facts stated.
NO SMOKING
Smoking of any kind is NOT permitted inside the home, garage.
Disabled Accessibility:
Any concerns should be submitted in writing to the property manager. We must obtain Owner approval to allow modification of the premises. All modifications are at the expense of the disabled person, and the disabled person must agree to restore the premises, at their own expense to the pre-modified condition (provided the modification would affect the use and enjoyment of the premises for future residents). We require written proposals detailing the extent of the work to be done, approval from the landlord before modifications are made, appropriate building permits with required licenses made available for the landlord's inspection, and a restoration deposit may be required per Fair Housing guidelines.
SCHOOL BOUNDARIES:
School Enrollment concerns should be investigated prior to submitting your application.
Applicants must verify their own school information with the school district. We highly
recommend you contact the local school district should any of the school boundaries be a
concer for the home you would like to rent. IT IS THE DUTY OF THE APPLICANT TO
VERIFY SCHOOL BOUNDARIES.
Misrepresentation:
- The information given on the application must be correct and truthful. Any willful misrepresentation by
the applicant in the application process will result in denial of your application and termination of your
lease agreement. If misrepresented is determined after the application has been approved, but before
lease execution, Management reserves the right to refuse occupancy.
APPLICATION APPROVAL:
All approved applicants will receive further instructions via Tex or email.
Lease Agreement with Security Deposit Upon approval, the security deposit and applicable pet fees will be required within 2 business days via certified funds.
START OF LEASE Vacant Homes: Our policy is that all leases on vacant homes must begin
within 30 days of application approval. We are unable to hold the home rent-free without a
lO lease agreement longer than that time.
Leases starting within 5 days of the end of the month — We will require the next full month's
rental amount with the pro-rate.
Move-in Schedule: The move-in inspection will be scheduled based on your move in date
and we prefer that all occupants are present on that day to inspect the property. If only one
applicant attends that will suffice to document the current condition of the home and all
parties are deemed responsible.
Action Realty utilizes the following criteria and procedures to determine the qualifications of applicants seeking to
rent properties managed by Action Realty.
APPLICATION STAGE
Applicant completes an Application for Tenancy and pays a non-refundable application fee plus other fees to defray the cost of the required credit check(s) obtained through Retail Merchants or a similar credit reporting agency. Applications received on the weekends will be processed on Monday. In the event there are multiple applications, the applicant that is most qualified will be accepted, at the sole discretion of the owner
REVIEW STATE
Information provided by the Applicant on the application will be verified and used as a basis for the following
review:
- Income – A formula is used to determine whether the applicant has sufficient income to pay the rent
for the property in question.
Monthly debt payments + proposed rent divided by monthly gross income must not exceed 40% to
receive an acceptable rating for this category. This is an industry accepted ratio and may be adjusted on a case-bycase basis.
- Credit Check – A written report, when possible, is obtained from Retail Merchants or similar creditreporting agency. The entire report is reviewed with the following information given specific attention:
udgments – Any? Amount? Age? Has judgment been satisfied? Applicants who have unpaid judgments will receive an unacceptable rating for this category. Case-by-case, the property manager will view each case on its own merits, discuss the merits with the owner, taking special care to avoid violating confidentiality and Federal Laws, and a joint decision will then be made.
Bankruptcies – Has the applicant filed bankruptcy? If so, when? Applicants who have filed bankruptcy which was discharged at least 2 years ago and who have subsequently established a satisfactory credit history may receive an acceptable rating for this category. If discharged, based upon the reason for the bankruptcy, the type of bankruptcy, and date discharge the property manager will then review the situation with the owner.
- Incomplete applications requirements – To facilitate the application process it is required that all applicants provide all information needed, incomplete application will delay the process as the applicant will be contacted to provide more information. Any application without signatures will not be processed.
RENTAL HISTORY
Action Realty will make every effort possible to contact the applicant’s current and past landlords to:
- Verify information provided by the applicant.
- Determine /confirm the amount of the previous rent.
- Determine if the applicant took good care of the property.
- Determine if the applicant made timely rental payments.
- Determine if the applicant gave proper notice when terminating the lease.
- Determine the condition of the premises when the applicant vacated.
IV EMPLOYMENT HISTORY
Action Realty will contact the applicant’s employer to determine and/or verify
- Employment
- Occupation
- Length of employment
- Prospects of continued employment
- Salary
- If active duty military, PCS orders may be requested
V. ACCEPTANCE OR DENIAL OF APPLICATION
Acceptance is subject to all verifications and will depend on how quickly the responses will be obtained. Once the application has been accepted the applicant will be notified and will then be required to execute the lease agreement and pay all the required deposits and rent by certified funds up on notification. Failure to execute the lease within 24hrs from notification may result in the loss of the rental dwelling as the property is still available to the public until the signing of a lease agreement. If application is denied, Action Realty will notify the applicant by phone.
VI. MONTHLY RENT PAYMENTS
All rent certified checks and/or money orders should be made payable to ACTION REALTY or directly deposited into ACTION REALTY account. They must bear the property address and NAMES of the tenants. Rent for the first month must be in certified funds paid prior to move in.
WE WILL NOT ACCEPT CASH FOR RENTAL PAYMENTS!
Security Deposit
Upon approval of your rental application a lease will be sent to you for review any signatures. Once the lease is signed you will be required to pay the security deposit to secure the poverty.