Qualifying Criteria

Income:  All applicants applying for an apartment must have a verifiable source of combined gross monthly income of at least three (3) times the monthly rental rate.  Acceptable proof of verifiable income includes two (2) months’ most recent pay stubs with name and other relevant information visible.  For self-employed applicants, income must be verifiable through the most recent tax return and three (3) most recent complete bank statements with name and other relevant information visible.  Applicants without verifiable income and two (2) months of consecutive job history will be denied.
                        
Rental History: Applicants must have at least 6 months of positive rental or mortgage history.  Applicants must pay balances due to other properties in full before an applicant is accepted.  Evictions are not acceptable.  First-time renters or non-verifiable rental history may be subject to additional requirements and deposits.
 
Credit Check:  A complete check of credit history will be made.  A point system will evaluate all applicants’ credit.
 
Identification:   All applicants must present a valid driver’s license or other government-issued photo identification and a United States government-issued Social Security number.
 
Criminal:   Applicants who have been convicted of a felony, received deferred adjudication, or have been arrested for a felony pending final adjudication are not accepted and will be denied.  Applicants with misdemeanors against persons, property, prostitution, DUI, DWI, and drugs will not be accepted.
 
Age:  All heads of household must be at least 18 years of age unless family status applies.  All persons age 18 or older who will occupy the apartment must be listed as leaseholders.
 
Occupancy:  Maximum of 2 persons per bedroom allowed.
Note: If a child under twenty-four (24) months becomes a household member, that child will be considered an infant, not an additional person in the unit.  A child twenty-four (24) months of age or older will be regarded as an additional person in the unit under the two (2) person per bedroom occupancy requirement.  If a child occupying the unit reaches the age of twenty-four (24) months during the lease term, the tenants in the unit will be allowed to complete the lease term but will be required to relocate to a larger unit or vacate at the end of the lease term.
 
Rental Application: Each applicant must complete a separate rental application online for a one-time non-refundable fee, including guarantor applicants. 
After approval of all applications, all applicants must sign the lease in person before moving in.  Guarantors must complete and sign a lease guaranty agreement in person before applicants move in.
 
Pet Policy: Equimax Management allows cats and large dogs; breed restrictions do apply.  A deposit and a non-refundable pet fee are required, and all pets must have written proof of a current license and immunization before moving in.  Limit two pets per apartment home.
 
Applicants are evaluated on the above criteria and the Resident Qualifying Criteria.  In addition, each applicant must qualify according to our rental history, income, credit report, and criminal history criteria.  Applicants failing to meet our criteria may be rejected or required to submit an increased deposit or may be asked to provide a guarantor.
 
I have read and understood the above Statement of Rental Policies.