Application Qualification Guidelines


The following information provides prospective tenants with the qualification guidelines for our rental properties.  Please if you feel that something might be a concern, do not hesitate to contact us in order to provide you with better information and the ability to help you find the right property for you.  Let us work for you in helping you get into your next rental property. We look forward to hearing from you.  The application can be emailed, faxed or picked up at the office.

 

 

 Application QualificationGuidelines 

 

 

Century 21 Clark Bros., Rentals is the exclusive agent and representative of the Property Owner and does not, in any aspect, have any judiciary or agency responsibility to Applicant. All Federal, State and Local laws are followed and each application is processed without regard to race, color, religion, sex, handicap, Familial status or national origin of the Applicant.

 

Applicants must meet the requirements of this Guideline Statement and must have viewed the property with an agent in order for us to process the application   Each Prospective Tenant (Applicant) 18 yr. of age and older must complete a separate application and pay a $30.00 (Exact Cash or money order) non-refundable application fee (In exact cash, check or money order). Full-time students under age 24, living with a qualifying guardian do not have to qualify, but must submit an application. If application is denied, a Lease Guarantor may submit their application. The Lease Guarantor must sign the Texas Association of Realtors Lease Guaranty form and accept full financial responsibility along with Applicant. If a church wants to lease a property, the pastor must qualify personally.

 

Each application must be filled out completely, legibly, signed, and fee paid before being processed. Applications are processed in the order received. Backup applications will continue to be accepted until an approved applicant has signed the lease and paid the security deposit or an application deposit is paid to hold the property. A copy of the Applicant’s driver’s license (or other photo ID) and copies of the last two pay stubs, (LES for Military, or a Certified Letter from the current employer of Monthly Income) are required at the time you submit your application. Once approved, each Applicant must sign the lease and be fully responsible for the lease, rent or any fees due. Only 2 occupants are allowed per bedroom.

 

RENTAL HISTORY:

Applicants must have good landlord references for 2 years or more unless Applicants have just sold their home. Relatives are NOT acceptable as rental references. Application may be denied for evictions, damages beyond normal wear and tear, illegal activity on premises, refusal to re-rent by previous landlord or if a balance is still owed to pervious landlord. If applicant has been residing in a home they own, they should provide a mortgage payment history of the last 12 months or a statement from their lender reflecting the status of their loan.

 

 INCOME:

You must have verifiable income; (your rent may not be more than 35% of your gross monthly income(s) (for a single or joint applicants). Unemployment or Workers Compensation will NOT be considered income. If applicant is self-employed, then the bank statements for the last 6 months and or the previous two (2) year’s tax returns will be used to verify income.

 

CREDIT:

All information showing up on the credit report is subject to verification, including previous address and place of employment. Entries reflected on your credit report must show favorable activity within the last 24-month period. Collections or judgments for related past rental history may be grounds for non-approval.  Applicants should have a credit FICO score of 600 or better.  If the applicant's score is less than 600 the Applicant will be considered an "at risk" tenant and this might be cause for an increase in security deposit, denial, and/or additional prepaid  months rent and/or double of security deposit.

 

PET FEE:

A non-refundable fee ($150 per dog and $200 per cat) is required for inside or outside pet(s) to properties that allow pets. Dogs must be less than 40 lbs and if dogs weigh more than 40 lbs are subject to non-approval or could require additional pet deposit. Certain breeds of dogs are not permissible "Pets". Disclosure of any animal or living creature that my be kept on the property will be required.

 

 

 

 

AGREEMENT FOR APPLICATION DEPOSIT:

Property can be held for up to 2 weeks if Applicant signs the Agreement for Application Deposit Form. Applicants receiving housing assistance must sign the Agreement for Application Deposit Form before the request for inspection form will be completed.

The Agreement for Application Deposit will be 100% forfeited if the terms of the Application for Deposit Agreement is not completed as agreed.

 

SECURITY DEPOSIT:

 

The Security Deposit must be paid by certified funds (money order, cashier’s check or certified check). The security deposit will not be refunded unless tenant completes the term of the lease and meets all other conditions of the lease.

 

CONDITION OF MOVE-IN:

 

Hours for lease signing are Monday through Friday, between the hours of 9 A.M. and 4:00 P.M. and an appointment must be made. Other than after the lease is signed and binding, keys will be released at the time of lease signing.

All utilities to include water, electricity, gas, phone, cable and garbage accounts, where applicable must be transferred into the residents’ name as of the date of possession.

A daily-prorated rent rate will be charged if keys are delivered prior to date on lease/rental agreement.

PRORATED RENT:

Possession of the Property prior to the 1st of the month will require tenant to pay prorated rent.  If possession is to be the 25th of the month or later, prorated rent and the 1st months's rent will be due and payable at the time possession is granted. 

Thank you for considering Century 21 Clark Bros., Rentals

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2150 Trawood
Ste B-100
El Paso, TX 79935
Phone: 915-592-0221 Mobile: 915-873-6333
Fax: 915-590-4625
Email Charles
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