Rental Criteria

Thank you in your interest in leasing a dwelling at Calypso Apartments. We are an equal housing opportunity provider. We do not discriminate based on race, color, religion, sex, national origin, disability or familial status, or because of one’s presence in any other protected class. We comply with local, state and federal Fair Housing and anti-discrimination laws. All visitors must present a valid driver’s license or other photo identification in order to view the community. Other acceptable forms of identification are: Valid state issued ID card, valid Military ID card, a valid Passport or a US Immigration and Naturalization Services issued VISA. A copy of all applicant’s photo IDs will be made and retained at time of move-in. All applications for apartment homes 1) will be accepted on a first come-first served basis 2) are subject to the availability of the apartment type requested 3) will be approved by complying with the rental criteria listed below 4) require the receipt of the application fee, pet fees (if applicable) and deposits. Rental applications are to be completed entirely. Any omissions or falsifications may result in rejection of an application or termination.

Our rental application process consists of two steps. The first step is to verify your rental, employment and credit history. The second is criminal background check. Applicants that are not approved will be notified in writing pursuant to the Fair Credit Reporting Act.

APPLICATION AND NOTIFICATION

Each Application will be reviewed after all required documents are submitted. All applicants must comply with the following prior to occupancy:

• A $50 Non-Refundable application fee is required per person of legal age (18 years or legally emancipated). A separate application must
  be fully completed, dated, and signed by each applicant and all co-applicants.
• All applicants are required to execute the lease agreement and each applicant is individually responsible for the total amount of the rent.
• All proposed apartment occupants must be listed on the application. A maximum of 2 persons per bedroom are allowed to reside in the
  apartment.
• The total of the entire Applicant(s’) gross monthly income must be at least 2.5 times that of the monthly rental payment. If this criteria is
  not met, one or more guarantors may be necessary. To qualify as a guarantor, the individual must have a gross monthly income of at least 2.5 times the monthly rent and must meet ALL other qualifying criteria. Each guarantor must complete and sign our lease guaranty agreement. Guarantors may be held responsible for all your lease obligations, including the entire rent and other costs such as utilities, damages, even if you have roommates. Both your employment and your monthly income must be verifiable to our satisfaction.

The grounds for which a rental application may be denied include:

• Failure to provide accurate or complete information on an application form
• Submission of an incomplete application
• Insufficient current income
• Convictions for crimes committed by any applicant or by other occupants who plan to live in unit for:
  • Crimes which have made an applicant subject to a lifetime registration requirement under a state sex offender registration program
  • criminal conduct that indicates a demonstrable risk to resident safety and/or property, including murder, rape, sexual assault,
    molestation, assault battery, arson, terrorism, burglary and theft
  • To the extent it does not endanger persons or property of others in our community, we will consider the nature, severity and recency
    of criminal conduct found in your criminal history, and we will take into consideration what you have done since your conviction(s)
• Poor credit history, in our discretion, of any applicant
• Poor rental history, in our discretion, of any applicant resulting from such things as:
  • Non-Payment of rent or frequent late payment of rent o Evictions
  • Alcohol or Drug abuse
  • Harming persons
  • Poor housekeeping
  • Damaging the rental property or the property of others o Interfering with business operations

Renter’s Insurance

• Liability insurance in the amount of $100,000 per occurrence is required. Proof of coverage must be submitted at the time of move in
  and upon each anniversary of your original lease agreement. Your Insurance must list Calypso Apartments as additional insured.