Rental Qualification Requirements And Consent Agreement

Thank you for considering renting or lease purchasing from Key Locations Property Management LLC. Please review this information before submitting an application and paying the application fee, which is non-refundable.

FAIR HOUSING STATEMENT:

Key Locations Property Management LLC and the Owner are committed to compliance with all federal, state and local fair housing laws. It is our policy to comply with all laws prohibiting discrimination; including those that prohibit discrimination based on race, color, religion, national origin, sex, familial status or handicap.

AGENCY DISCLOSURE:

Key Locations Property Management LLC whose address is 1035 Lake Windward Overlook, Alpharetta, GA 30005 has acted as an Agent for the Owner in this transaction and is paid a fee by the Owner. Key Locations Property Management LLC has not acted as an Agent for the Tenant in this transaction.

The following are rental qualification guidelines for application approval:

IDENTIFICATION:

All applicants and all persons age 18 years and older that will be occupying the property must present a government issued photo identification and one of the following:

• (1) a United States government issued Social Security number,
• (2) current work visa (I-94), or
• (3) temporary resident alien card verifying approve entry by the United States government (I-94W).

All adults (18 and over) are required to be on the application and the lease with the above identification provided. Children, ages 17 and under do not have to provide social security numbers on the application, but we do require the names and birth dates if they are to occupy the premises.

INITIAL LEASE TERM:

Initial lease term is a minimum of 12 months. Longer terms may be available upon owner approval.

EMPLOYMENT/INCOME:

All applicants must show proof of combined gross monthly income no less than three (3) times the market monthly rental rate or produce current bank statements reflecting a minimum balance exceeding three (3) times the amount of the entire lease term. Unrelated Roommates will each be required to verify no less than two (2) times the market rental rate or produce current bank statements reflecting a minimum balance exceeding two (2) times the amount of the entire lease term.

• Acceptable income verification includes one of the following:
  • (1) last two paycheck stubs showing year-to-date earnings,
  • (2) employment verification on company letterhead signed by a direct supervisor, or payroll or human resources department representative, or
  • (3) two years of tax returns.
• Self-employed applicants will be required to provide either:
  • (1) the most recent two years of tax returns with an accountant's signature or
  • (2) bank statements for the past twelve (12) months or
  • (3) 1 or more 1099's showing income for contract work.
• Income received from sources other than a salary (such as alimony, child support, disability income, retirement income, etc.) may be subject to verification if used as a part of the Applicant's total income for qualifying purposes.
• If your recent employment is a new job, you can show an original accepted offer letter on letterhead to verify income and we will photocopy it for the application.

RESIDENCE HISTORY:

Applicant must show positive rental and/or mortgage history. We look at your last 2 years of residency for positive, verifiable, history. Applicant history must be free of late payments, NSF checks, warrants, complaints, and condition of the property when you left must be acceptable. We also verify that proper notice was given and that you did not leave with a balance due or collection account. If you leased from an apartment community, they usually require written notice from you before they will verify your history. If you have recently or currently own a home the mortgage payment history will be on your credit report and we will not have to call the lender.

CREDIT HISTORY:

Applicant must show positive credit history. Payment history, the amount of debt and amount of credit available is generally revealed in your credit report. Our credit-reporting agency evaluates credit and rental history against indicators of future rent payment performance. An unsatisfactory finding may result in the requirement of an additional deposit, guarantor, or denial.

NOTE: If you have an open bankruptcy we will not be able to approve your application.

If you know you have less than desirable credit, be prepared... you may need to pay a deposit in the amount of 2 months' rent or more to offset the risk to the owner.

LEASE GUARANTORS:

A lease guarantor and/or additional security deposit may be required upon evaluation of the rental application. All lease guarantors must have a verifiable source of income in an amount no less than five (5) times the property monthly rent amount. If a lease guarantor is needed, they must meet the entire qualifying criteria as presented above. A lease guarantor may be accepted for lack of rental history, lack of credit, or lack of income. The guarantor must pay an application-processing fee, sign the lease agreement with the tenant, and must reside in the United States.

VALIDITY PERIOD:

Approved applications remain in good standing for a period of ninety (90) days from the approval date. If a lease is not signed and/or the applicant fails to occupy a property within the viable time period, an application must be re-submitted for verification and approval. A new application fee must be paid.

OCCUPANCY:

The maximum number of residents permitted to dwell in any property shall not exceed two (2) occupants per bedroom.

PET POLICY:

Non-Refundable Pet Fee / Additional Rent: Animal policies vary from one owner to the next. Some will not allow any animals while others may allow dogs but not cats. Additional non-refundable pet fees and/or additional rent may be required as well as a pet exhibit attached to the lease. You may also be required to have all carpets professionally cleaned at the end of your lease. Please contact the office to learn about the specific animal policy of the rental before applying.

The pet fees can range from $250 to $500 per pet and are non-refundable fees for the privilege of having a pet/pets at the property. There may also be additional monthly rent required.

Multi-Family: We generally do not allow pets in multi-family because there are too many complaints of noise, odor, or not cleaning up after them.

Dangerous Breeds: Many insurance providers will not cover certain breeds of dogs because of the increased liability risk. For this reason, the following breeds (full or mixed) will not be allowed in any of our rentals: Pit Bull Terriers, Staffordshire Terriers, Rottweilers, German Shepherds, Presa Canarios, Chow Chows, Doberman Pinschers, Akitas, Wolf-hybrids, Mastiffs, Cane Corsos, Great Danes, Alaskan Malamutes, or Siberian Huskies.

Other Restrictions: We do not permit ferrets or rodents of any kind. Aquariums must be 10 gallons or smaller.

Possession of any poisonous, dangerous, endangered species, or other unauthorized animal may be grounds for termination.

Now using PetScreening.com!

To start screening an animal, visit https://klpm.petscreening.com/

PetScreening.com - a simple and secure place to keep important information about your pet or animal.

PetScreening makes it easy for pet / animal owners to share their animal records with not only their Housing Provider, but also with pet groomers, doggy daycares, dog walkers, pet sitters, vets, pet-friendly hotels, and more.

We send you friendly reminders when vaccinations are due and when it's time to update your pet / animal profile so your pet / animal records are always current.

Pet screening is mandatory for all animals, including service animals. Screening fees are waived for service animals in accordance with the Fair Housing Act.

After completing the application process, we will receive a copy of our Pet Profile for each animal that includes name, breed, age, pictures, vaccines, behavioral information, and Assistant Animal documentation (when applicable). To start screening an animal, visit https://klpm.petscreening.com/

PLEASE NOTE: EVEN IF YOU WILL NOT HAVE A PET AT THE PROPERTY WE REQUIRE YOU TO REGISTER WITH PETSCREENING.COM TO INDICATE YOU WILL NOT HAVE A PET. THIS PROCESS IS FREE FOR NON-PET OWNERS.

UPON APPROVAL:

In order to take the property "off the market", after you have been approved you must submit to our office a completed Rental Reservation Agreement along with an amount equal to the Security Deposit as your Rental Reservation Fee within 24 hours of your approval. Failure to comply with this requirement will result in your application being closed and the house being released to the next applicant. The Rental Reservation Feee IS NOT the Security Deposit. We will collect the Security Deposit from you at the time of the Lease closing and move in inspection. The entire Rental Reservation Fee will be applied towards all amounts due at time of signing the lease. Certified funds are required for all initial monies, including the Rental Reservation Fee, Security Deposit, any Pet Deposit, and the First Month's Rent.

AT TIME OF MOVE IN:

• Rent: First month's rent is required prior to occupation of property. If rent is prorated due to move in date not falling on first of month then prorated first month's rent and 2nd full month's rent are required on or before occupancy date.
• Pet Fees: Pet policy is determined by property owner. Additional non-refundable pet fees may be required as well as a pet exhibit attached to the lease. The pet fee is generally $250 to $500 per pet and is due on, or before, the lease start date.

NON-REFUNDABLE APPLICATION FEE; CONSENT:

Applicant will pay a non-refundable payment in the amount of $50.00 for an application fee for one adult. The application fee is payable by certified funds or online payment portal and is non-refundable. We cannot accept or process your application until we receive the application fee.

The information provided by me on the Application is complete and correct. Any false information will constitute grounds for rejection of my application. I understand that Key Locations Property Management LLC, will rely upon the information provided in making the decision to accept, conditionally accept, or deny my application. I agree to indemnify and hold harmless Key Locations Property Management LLC, and any parties who provide information to verify this application from all liability, claims, and lawsuits with regard to the information provided, regardless of whether the information provided is negative.

I authorize Key Locations Property Management LLC (Management) and its contractors to obtain my credit report, to verify my income and current and past employment, to contact my current and past landlords to verify my rental history, all done in order to verify the information I have given in the Application. I also authorize Management to report to credit service organizations any information relevant to my unsatisfied obligation after I vacate said property. I hereby authorize Management to share the information on this application and related verification data to anyone Management feels is part of the qualifying process including the owner of the property. I acknowledge that this application is the property of Management. By signing the application, I acknowledge that I have read and understand all of the above conditions and restrictions.