Please see Lease description about additional rent and deposit for pets. This beautiful home is newly fully remodeled inside and out, with a new floor, fresh paint in cozy and fashionable colors, and brand new facilities and appliances, including a new central A/C and heating unit. This house is on a beautiful property in a quiet neighborhood with a green lawn and spacious grassy backyard. There's even a storage shed with plenty of space to spare, or can even be used as a workshop! The location is perfect, with the Unity Park just across the street and three excellent schools within walking distance: Magnolia Elementary, Magnolia Intermediate, and Magnolia Junior High - and only 5 minutes away from Magnolia West High School by car. This neighborhood is located in the heart of scenic Old Magnolia, and is within walking distance of the police station - the safest neighborhood around. Centrally located, there is also easy access to local restaurants and the Magnolia Stroll. 31514 Bryan St Magnolia Texas 77355 Tenant Selection Criteria The following is the Tenant Selection Criteria of Kenny Smith (Landlord). It may be revised, modified, or updated from time to time by Landlord at Landlord's sole discretion. Application and Notification An application must be completed for each occupant 18 years of age or older, and any occupants under the age of 18 and deemed an adult under applicable law. A non-refundable application fee, must be paid by each Applicant before an application will be processed. 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. The first Applicant to complete and submit the Application and all Application fees, pass the verification process, and pay all required deposits will be accepted. Notifications of acceptance or denial will be made by email to the email address provided on your Application. Denials will include information regarding the credit and background check provider. Equal Housing Landlord and Landlord's agents are committed to providing equal housing opportunities to all Applicants regardless of race, color, religion, national origin, sex, handicap, family status, or other protected class status under applicable law. Website Home details on Landlord's website are offered for illustrative purposes only. Actual home details may vary. Applicant should verify all information and property condition before lease execution. RESIDENT QUALIFICATION CRITERIA 1. Occupancy Guidelines o The maximum occupancy is two (2) persons per bedroom. 2. Age o Applicants must be 18 years of age or older, unless deemed an adult under applicable law. 3. Credit o A National Tenant Network, Inc. credit report or substantially similar 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. o Applicant may be denied if a National Tenant Network, Inc credit score cannot be obtained. o Open bankruptcies will result in an automatic denial of your application. o Some credit results may require further verification. 4. Income o The combined household income must be a minimum of two and one half (2.5) times the monthly rent. o If a household has more than three (3) Applicants, Landlord will use only the two (2) highest incomes in calculating the combined household income. o Employed applicants will be asked to produce pay stubs for the past four (4), consecutive weeks. o 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. o Applicants starting a new job may be required to provide an Offer Letter on employer letterhead confirming start date and compensation terms. o In instances where sufficient income requirements cannot be met, Landlord may elect to accept pre-paid rent or a Guarantor. o Some income results may require further verification. 5. Guarantor o A Guarantor must submit an application and pay a non-refundable application fee, if applicable. o Landlord allows only one Guarantor per household. o A Guarantor is subject to the same qualification requirements as an Applicant but must have an income of four (4.0) times the monthly rent. o A Guarantor will be required to sign the lease. 6. Rental History o Previous rental history will be reviewed and no negative rental history will be accepted. o Prior evictions may result in an automatic denial of your application. o Applicant may be denied for an outstanding debt or judgment to any prior landlord. 7. Criminal History o A criminal background check will be completed for each Applicant. o 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. o Convictions for the manufacture or distribution of a controlled substance will result in an automatic denial of the application. o Landlord will not deny an Applicant solely on the basis of arrests or pending criminal actions. o Denied Applicants may petition Landlord for reconsideration by providing additional information to assist Landlord in its review of criminal history. 8. Pets o Pets are allowed in this home. o Cats and small dogs 30 (thirty) Pounds and under only. o Only 3 (three) pets are allowed. o An additional $45 per pet, per month will be added to the lease. o A onetime refundable deposit of $400 per pet will be required at the beginning of the lease. Deposit will be refunded at end of lease if no damage is accessed due to pets. o Assistive animals for persons with disabilities are not considered to be pets and are not subject to the above pet restrictions. Assistive animals require Landlord's advance written approval. o Livestock or poisonous or exotic animals are not permitted. o Aquariums may be permitted, subject to a 20-gallon maximum with Landlords prior written approval. 9. Vehicles o No more than four (4) vehicles are permitted. o All vehicles must park in the Driveway. o Vehicles must be operational and have current registrations. o Boats and trailers are not allowed without Landlord's prior written approval. 10. Renter's Insurance o Landlord recommends 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). I understand and accept these qualifying standards and have truthfully answered all questions. I understand that falsification of Rental Application information will lead to denial of rental. I understand your ability to verify this information is limited to the information made available by the agencies and services used. Applicant Signature Date Applicant Signature Date
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