TENANT SELECTION GUIDELINES
Revised 2/10/09, 11:17a.m.
PLEASE READ BEFORE COMPLETING THE APPLICATION TO RENT.
Each application requires a $25 non-refundable credit check fee which must be paid in cash or money order only. The following guidelines have been established for renting a unit managed by Golden Gate Real Estate & Lending, so that all applicants will receive the same consideration in determining their eligibility and insure that we have a healthy living environment for our customers, the residents of our communities.
Golden Gate Real Estate & Lending and our clients follow the California Apartment Association Code for Equal Opportunities and Code of Ethics and will not discriminate against any rental applicant by reason of their color, race, religion, nationality, ancestry, sex, sexual preference, age, marital status or handicap, or any other discriminatory reason prohibited by law.
Rental Application is use to determine if the prospective Resident(s) can and will pay the rent, will not disturb their neighbors and will take good care of the property.
1. EACH ADULT MUST FILL OUT AN APPLICATION COMPLETELY.
- Applicant must be of legal age (18 years or older).
- Each adult must fill out an application and pay a credit check fee, no
exceptions.
- There must be a Social Security Number for each Adult Applicant.
- Management requires a valid driver’s license, or may request two other foms of
identification.
- The application will not be processed if there are any blanks, including
present and previous employer’s and landlord’s phone numbers.
- Falsified information on any application shall be cause for rejection.
- All applications must be signed by the applicant in order to be processed.
2. RENTAL HISTORY VERIFICATION
- Verification included dates of move-in and move-out.
- Verification of timely payment of rent.
- Verification that the applicant did not disturb their neighbors and took car of the
property, including leaving their apartment/home in satisfactory condition.
3. INCOME VERIFICATION
- Verification of employment including tenure, probability of continued employment and
earnings.
- Gross monthly income must be three (3) times one month’s rent.
- AFDC /Other Income Applicants must provide worker’s name and number and any other memo to verify such income.
4. CREDIT APPROVAL
- Applicants must have good credit.
- Applicants must not have an Unlawful Detainer Action (Eviction) at any time.
- Applicants with Notices of Default or Foreclosure must have clean credit history prior to
Loan Adjusting.
- Applicants with Bankruptcies must have clean credit history following Bankruptcy Discharge.
5. CO-SIGNERS/GUARANTORS
- Co-signers must be local homeowners.
- Co-signers must have good credit and stable income.
6. PET RESTRICTIONS
- No more than one pet will be allowed.
- Animal must be well trained an non-aggressive. No Pitbulls.
- Management has the right to approve/disapprove the pet before it occupies the property.
- Pet will be allowed with Additional $250 Security Deposit Only
- Tenant is responsible to any damage pet may cause.
7. RENTAL/LEASE AGREEMENT
- Prior to occupancy, each resident shall be required to sign a standard rental agreement.
(A copy of which will be provided.) Copy of Rental Agreement available for review, upon
request.
8. PAYMENTS
- If accepted, security deposit and first months rent must be paid in the form of a Cashier's Check or money order only! NO EXCEPTIONS!
9. OCCUPANCY
- Golden Gate Real Estate & Lending adopts the standard of two (2) people per bedroom,
plus one (1) for a maximum occupancy in a unit.
10. OTHER PROPERTY/OCCUPANCY LIMITATIONS
- No tobacco products allowed on property.
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