Sunchase American LTD.
RESIDENT SCREENING POLICY FOR
to our community. Before you apply to rent an apartment home in our community,
please take the time to review this screening policy. All persons 18 years or
older, not dependents and not married will be required to complete separate
rental applications. Applicants legally married or with adult dependents and
applying for residency will be required to complete a joint applicant. The term
“applicant(s)” under this policy means the person or persons that will be
signing the Leases as “residents”; the term “occupant(s)” in this policy means
the person or persons that are authorized occupants under the Lease.
also note that these are our current rental criteria: nothing contained in
these requirements shall constitute a guarantee or representative by us that
all residents and occupants currently residing in the community have met these
requirements. There may be residents and occupants that have resided in the community
prior to these requirements going into effect; additionally, our ability to
verify whether these requirements have been met is limited to the information
we receive from the various resident credits reporting services used. It is
policy of this community to comply with all applicable fair housing laws
including those, which prohibit discrimination against any person based on
race, sex, religion, color, familial status, national origin, or handicap.
Occupancy Guidelines: Occupancy will be based on the following
Bedroom 3 occupants
Bedroom 5 occupants
2. Age: Applicants must be 18 years of age or older
unless deemed to be an adult under applicable law with respect to execution of
3. Credit: A credit report will be completed on all
applicants to verify account credit ratings. Income plus verified credit
history will be considered in determining rental eligibility and security
deposit levels. Bankruptcies must be 24 months or older and discharged.
Unfavorable accounts, which will negatively influence this evaluation, include,
but are not limited to: collections, charge-offs, repossessions, and current or
- Evictions are an
- If you owe
another property, it must be paid off and proof of pay-off must be supplied
to us before an application can be approved.
- If your
application is approved with conditions, the condition will be determined
- If your
application is not automatically approved with our automated screening
system, we will review your credit. It may be possible that we can approve
your application with an approval fee plus an additional deposit to be
determined based on your credit issues.
Determined on a case-by-case basis.
4. Income: Gross income for all applicants in one
apartment home will be combined and entered into the credit-scoring model for
income eligibility. All applicants will be asked to produce consecutive and
most recent pay stubs for the last 4 weeks from Application Date. Applicants
must have a minimum combined gross income of 3 times the monthly rent. Additional sources of verifiable income
may be considered. These sources may include child support, grants, pensions,
GI benefits, disability, trust funds, social security, and savings accounts. Some credit scoring results will necessitate
further income verification in such instances, verification with employer will
be completed, or applicant may be asked to produce additional financial
5. Employment: If employment is to begin work shortly, the applicant
must provide a “letter of intent” to hire from the employer that states the
start date and compensation.
6. Self Employment, Retired,
or Unemployed: Such applicants must
provide the previous year’s income tax return and the previous two-month’s back
statements, or twelve months of financial statements and must exhibit non-negative
7. Criminal History: A criminal background check will be conducted
for each applicant and occupant age 18 years or more. The application will be
denied for any of the following reported criminal related reasons.
- Registered Sex Offender
- Capitol Felony
- First-Degree Felony
- Second-Degree Felony- 20 years
from the completion of sentence
- Third Degree Felony- 10 years
from the completion of sentence
- State Jail Felony- 3 years from
completion of sentence unless crimes against a person or property then its
6 years from the completion of sentence
- Class A Misdemeanor- 2 years from
the completion of sentence
- Class B Misdemeanor- 1 year from
the completion of sentence
- If convicted of a sexually violent
offense, or a violent act as listed under Section 3g, 42A.054, Texas Code of Criminal Procedure
- Any of the above related charges
resulting in “Adjudication Withheld” and or “Deferred Adjudication”
remember that this requirement does not constitute a guarantee or representation
that residents or occupants currently residing in our community have not been
convicted of or subject to deferred adjudication for a felon, certain
misdemeanors or sex offenses requiring registration under applicable law; there
may be residents or occupants that have resided in the community prior to the
requirement going into effect;
additionally, our ability to verify this information is limited to the
information made available to us by the resident credit reporting services used.
8. Rental History: Some credit scoring results will necessitate
an evaluation of verifiable rental or mortgage payment history for the last 24
months. In these instances, applicant must have a minimum of 6 months cumulative
verifiable rental or mortgage payment history within the last 24 months. In
such instance, if a previous property owner cannot be contacted, six
consecutive months of proof of payment must be verified and a copy of the lease
contract must be provided. Applicants not having verifiable rental mortgage
history may have the option to pay an additional deposit of one-month rent or
secure a Guarantor.
will automatically be denied for the following reasons:
- An outstanding debt to a previous property
owner or an outstanding check must be paid in full.
- A breach of a prior lease or a prior
eviction of any applicant or occupant.
- More than four late pays and two NSFs
within the last 12 months.
9. Guarantors: Guarantors will be accepted for applicants
who are first-time renters or students. The guarantor will be required to
complete an application and pay a full application fee. Guarantors must have a
gross monthly income 5 times the monthly rent and meet all other qualifying
criteria identified in this screening policy. The guarantor will be asked to
sign a Lease Guaranty Agreement to support this application. Only a relative
will be considered as guarantors.
10. Animals: Plum Tree will accept up to two pets per
apartment: dogs up to 40 lbs or domestic cats. The deposit will be an
additional $500 per pet with $300 being non-refundable. Service animals (ESA)
with proper documentation can be accepted regardless of breed with all fees waived.
Breed restrictions are as follows*: Doberman
Pinscher, Presa Canario, Akita, Dalmation, Wolf Hybrid, Staffordshire Terrier,
Chow, German Shepherd, Saint Bernard, Rottweiler, Pit Bull (all), Mastiff, Great
Dane, Cane Corsos. Other restricted
animals*: Pot-Bellied Pigs, Ferrets, Snakes, Arachnids, Insects, Venomous
Creatures, Farm Animals.
Tree Apartments hold all rights to restrict any classification of animal or
breed as need case by case. **
11. Vehicles: Vehicles parked illegally will be towed at
the vehicle owner’s expense. Guidelines are posted on entry gates, and are
available upon request. It is your responsibility to follow guidelines.
12. Water Furniture: Water furniture will only be allowed in first
floor with proof of fully paid insurance for the term of the lease.
13. Falsification of
Application: Any falsification in
Applicant’s paperwork will result in the automatic rejection of Application. In
the event that an applicant falsifies his/her paperwork, owner has the right to
hold all deposits and fees paid to apply towards liquidated damages. Holding
deposits are non-refundable unless
denied - for reasons other than falsification.
Application will only be considered when the
Application has been fully executed and returned, and all applicable fees have
been paid. Application fees are non-refundable.
Please refer to the TAA lease agreement for details. Administrative fee of $75 is
due at move-in.
have read and understand the entire resident screening policy of this
_____________________________________ Date _______________________