Enjoy living close to Downtown Rockwall in this quaint two-bedroom, two-bathroom home with a private courtyard. Four-month lease preferred. Ready for immediate occupancy. Four-month lease rental rate is $1,800/month. 12-month lease rate is $1,650/month. A single dog or cat is allowed with an additional pet deposit. No animals over 30 pounds. Please do not apply unless you have viewed the property in person. Pursuant to Property Code Section 92.3515, these Tenant Selection Criteria are being provided to you. The following constitute grounds upon which Landlord will be basing the decision to lease the Property to you. Based on the information you provide, Landlord may deny your application or may take other adverse actions against you (including, but not limited to, requiring a co-signer on the lease, requiring an additional deposit). If your application is denied or another adverse action is taken based upon information obtained from your credit report or credit score, you will be notified. All Applicants over the age of 18 must go down as a Leaseholder on the Application and go through the full screening process. 1. Criminal History: Landlord will perform a criminal background check to verify the information provided by you on the Lease Application. Landlord's decision to lease the Property to you may be influenced by the information contained in the report. Landlord reserves the right to refuse leasing based on an applicant's criminal history. Crimes deemed as "Against the Person" will result in an automatic denial regardless of classification such as: Assault/Battery Domestic Violence Harassment 2. Previous Rental History: Landlord will verify your previous rental history using the information provided by you on the Lease Application. Failure to provide the requested information provision of accurate information may result in denial of the Application. Applicants without Mortgage or Rental history may incur a higher deposit level. 3. Current Income: Landlord will require you to verify your income as stated on your Lease Application. The verified combined monthly gross income must be equal to or above three times the rent amount. a. Applicant(s) must provide three of the most recent pay stubs for income verification. b. If an applicant is starting a new job, an offer letter with compensation terms and start date of employment must accompany the application. Landlord may reject any applicants whose new job start date is after the lease start date. c. For Self Employed, seasonally employed, retired, or unemployed applications, the previous year's income tax return and the previous two month's bank statements must accompany this application. d. Landlord may contact the applicant's employer to verify employment and income. 4. Credit History: Landlord will obtain a Credit Reporting Agency (CRA) report, commonly referred to as a credit report, to verify your credit history. We may ask you to explain any negative items on your report. Landlord's decision to lease the Property to you may be based upon information obtained from this report. No Evictions or Landlord Debts No Open Bankruptcies No defaulted Pay Day Loans No defaulted Utility charges Applications will not automatically be denied if you have a recent foreclosure or credit incident. You must document the cause and show that it is not likely to reoccur (for example, a recent divorce, adjustable rate mortgage with a large payment increase, taking a job with a lower income, etc.) 5. Failure to Provide Accurate information in Application: Failure to provide accurate information in your application or your provision of information that is unverifiable will be considered by Landlord when making the decision to lease the Property to you. 6. We may require a co-signer or a larger deposit if you: a. Have a job-gap but can provide a verifiable explanation(e.g.Divorce, Family illness, etc.) b. Do not have a verifiable landlord reference c. Do not make enough income to qualify for the property A Guarantor will have excellent credit (FICO credit score of 680 or above); excellent job stability and have the capacity to make the rental payments in the event applicant does not make the lease payments. All applications must include: Copy of Valid U.S. Government issued I.D. Three most-recent pay stubs
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