Application Requirements

APPLICATION REQUIREMENTS

The following is a list of requirements for any rental application and Co-signers:

Income: Applicants must demonstrate a monthly income of at least 2.5 times the monthly rent. Acceptable proof of income includes the most recent 3 months of pay stubs, bank statements, or tax returns. Exceptions apply for applicants receiving government rent subsidies who can provide alternative proof of payment ability.

Rental History: A positive reference from a previous landlord is required, along with verification of at least 2 years of rental history. Rental history includes information about your previous landlords, such as their contact information and the address of your previous rental.

Eviction and Bankruptcy History: Applicants with a history of eviction or bankruptcy may be automatically declined. If this applies to your application, please notify Cethron in advance, as we may offer special consideration in certain circumstances.

Identification: A copy of a government-issued ID (such as a driver's license or passport) must be submitted.

Cosigner Requirements: If applicable, cosigners must demonstrate an income of at least 3 times the monthly rent and have a minimum credit score of 650. A copy of a government-issued ID is also required for cosigners.

Complete Application: Each applicant above the age of 18 must submit a signed application, along with payment of processing fees, and all necessary documentation. Both an application and an in-person showing is required to be considered. Applications will be processed first come first served in the order of completing both requirements.

Move-In Funds: All move-in funds, including rent and security deposit, must be paid within 24 hours of signing the Lease.

Renters Insurance: Proof of renters insurance is required within 24 hours of signing the Lease. The insurance policy must name "Cethron Property Management" as "Additional Insured". Please refer to the Lease for minimum liability coverage requirements.

Application Fee: The application fee is non-refundable in the event of denial or cancellation.

Acceptance of Leased Premises: Upon submitting an application, the applicant acknowledges and agrees that the Leased Premises are accepted in their current "As Is" condition. No additional alterations, modifications, or improvements will be made unless explicitly agreed upon in writing prior to Lease signing.

Pet Policy: Not all properties accept pets. If the property allows pets, applicants must provide details like type, breed, age, and weight, along with a recent picture of the pet and proof of age. Some properties have breed or weight restrictions, so review the pet policy carefully. A pet deposit, monthly rent, or renters' insurance may be required, and a pet agreement outlining rules may need to be signed. Check the advertisement for specific pet policy details before applying.