Statement of Rental Policy

EQUAL HOUSING OPPORTUNITY
Arlington Properties, Inc. is an equal housing opportunity provider. This community does not discriminate on the basis of race, color, religion, sex, disability, familial status, or national origin.

TOURING OF THE COMMUNITY
All prospective residents and applicants must present a valid driver’s license or other State or Federally issued photo identification in order to tour the community.

AVAILABILITY
Applications for apartment homes will be accepted on a first come- first serve basis and subject to the availability of the apartment type requested.

RENTAL APPLICATIONS:
Each occupant of legal age must complete a rental application. Any omissions or falsifications may result in rejection of an application or termination of lease. A driver’s license or other legal photo I.D. will be required for identification verification.

QUALIFICATION STANDARDS
Credit Report: An unsatisfactory credit report can disqualify an applicant from renting an apartment home at this community. If an applicant is rejected due to poor credit history, the applicant will be informed of the reason for the rejection and the name, address and telephone number of the credit reporting agency from whom the information was obtained. The applicant will not be told the content of the credit report. An applicant rejected due to unsatisfactory credit is encouraged to contact the credit reporting agency.

Background Screening: An extensive nationwide criminal background check will be performed on all applicants and occupants over the age of 18. No applicant will be accepted that has been convicted of a felony. Additionally, any crimes which could adversely affect the health, safety or welfare of other citizens, residents or Management staff can adversely affect the approval of the application.

Income/Employment: Monthly rent is taken into consideration during the application approval process. The minimum combined household gross income must be 3 times the amount of monthly rent. A guarantor’s minimum gross income is equal to 5 times the amount of monthly rent. Applicants will be asked to provide, as proof of current income, a copy of at least 30 days income in the form of most recent pay stubs, as proof of current employment. A letter on company letterhead provided by the applicant’s current employer which lists monthly gross income and length of employment may also be provided if pay stubs are unavailable. In the event an applicant is self-employed, written verification of income for the past 12 months must be provided.

Residence: Positive rental/mortgage history is required.

Subletting: Subletting is prohibited.

Guarantors: Guarantors are permitted in the case of full-time students only. In the event a guarantor is permitted, they must fill out an application, meet all qualifying criteria, and sign all parts of the lease and addendums, along with a guarantor addendum. A guarantor will be responsible for the lease if the occupying resident defaults. Guarantors are not permitted in the case of unsatisfactory credit, poor rental history or if income requirements are not met from the person(s) occupying the apartment home.

APPLICATION FEE
A non-refundable application fee of $50.00 will be paid by each applicant for verification of information

ADMINISTRATION FEE
An Administration fee in the amount of $250.00 will be charged after the approval of your application to reserve an apartment home. No apartment home will be held unless the administration fee is paid in full. If, for any reason, the application is declined, this fee will be refunded. You may cancel this application within twenty-four hours once approved and you will receive a full refund of your administration fee. If you cancel your application after twenty-four hours once approved, fail to execute a rental agreement, or refuse to occupy the premises on the agreed upon date, you understand all monies will be forfeited.

SECURITY DEPOSIT
A security deposit of up to one-month rent can be charged upon approval of application. The security deposit is fully refundable provide that all lease requirements are fully satisfied including no damage to the apartment home beyond normal wear and tear, the account is paid in full, and all fees are satisfied.

RENTAL PAYMENT
The monthly rent is due on or before the first of each month. There will be a late charge penalty for all rent paid after the 3rd of the month in the amount of 10% of the total monthly rent. All returned checks will be assessed a $75.00 service charge plus applicable late charges and must be replaced with a cashier’s check or money order.

OCCUPANCY RESTRICTIONS
No more than two occupants per bedroom will be allowed to reside in any apartment home. In a one-bedroom unit, only two occupants are allowed. A total of four occupants are allowed to reside in a two-bedroom unit and up to six occupants are allowed in a three-bedroom apartment home.

ROOMMATES
Each roommate must qualify individually. Each is fully responsible for the entire rental payment and each must execute the lease and all other addenda.

VEHICLES
Up to one vehicle(s) per licensed driver will be permitted per apartment home. Parking of boats, trailers, commercial vans, campers, and motorcycles is not permitted in the community at any time without the written consent of management.

RENTAL INSURANCE
Each resident over the age of 18 is required to have $100,000 in liability insurance. The insurance must stay in effect through the entire term of residency. Proof of insurance must be provided on move in day as well as for each lease renewal through residency. Failure to maintain continuous coverage will result in a noncompliance fee.

PETS
Pets are prohibited without the written consent of management. If approved, the following restrictions apply:
• Pet Addendum Signed
• 3 pets per apartment home
• Pet shall not exceed 70 pounds at full maturity
• No Aggressive Breeds
• Required pet fees and deposits paid
• No exotic pets allowed
• Photo of pet must be on file, along with current and up-to date veterinary records

APPLICATION

Download an application form (pdf), fill it out and bring it with you. You can mail it to us via ‘snail mail’ or scan and email it to belmont@arlingtonproperties.net.

MODERN. LUXURY.