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QUALIFICATION CRITERIA
PINECONE PROPERTIES, INC.
26615 Carmel Center Place, Suite 101, Carmel CA, 93923
TEL# 831.626.2800 FAX# 831.626.9106
RENTAL PROCEDURE: Each individual applicant eighteen years of age and older who will be residing in the rental property must complete and sign this criteria letter, complete and sign a rental application, and submit along with a $35.00 application fee.
| 1.
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Incorrect, incomplete or misinformation on application can disqualify
you as a prospective renter. Copies of your drivers license or other photo ID may be
required for your file upon acceptance. |
| 2. |
Credit: All information showing on credit report is subject to verification, including
previous addresses and places of employment. |
| 3. |
Favorable responses from references are expected. Unfavorable response equals "TURN DOWN". |
| 4. |
Income ratio of 38% - 48% to rent amount is the requirement range used. |
| 5. |
If self-employed, be prepared to provide copies of past three (3) years federal income tax returns. |
| 6. |
Be prepared to provide copies of current and past pay stubs for a two (2) year period. |
| 7. |
Holding deposit (1/2 of security deposit)
due upon acceptance with balance of security deposit usually due prior to
occupancy. Please provide cashiers check, money order or certified check for deposits & 1st months rent. |
| 8. |
Prorated rent for less than 15 days plus first month’s rent are all due
prior to move-in. |
| 9. |
Rent Due: 1st day of each month by 5:00p.m. No grace period. A 5% late
fee is charged. |
| 10. |
Bounced Check: Non-sufficient funds fee of $30.00 is owed plus a 5% late
rent fee plus $10.00 per day for each day rent is unpaid, plus months rent amount
- all due in form of cashiers check. |
| 11. |
Pet(s): When pet(s) allowed and upon approval by management the following are required.
Pet Deposit, Monthly Pet Rent (per pet) $30 - $100. Pet Service Fee $350 - for flea spraying,
inspection of floors, carpet, curtains, screens, doors and door frames, yard to note
condition and any damages. Pet rent to be added to monthly rent. Pet Profile Form
to be completed at lease sighing. Pet(s) is named on the lease
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| 12. |
All rentals are NO SMOKING properties - on or in property by occupants and invitee’s. |
| 13. |
Renter’s Insurance should be in place prior to occupancy and for duration of occupancy. PineCone Properties
to be named as Additional Insured and a copy of policy provided at lease signing or
when keys picked up. |
| 14. |
Funds collected prior to move-in are the first months rent, any pro-rated partian rent,
security deposit and if applicable, pet deposit, pet service fee and first months pet rent.
The security deposit is NEVER considered the last months rent. |
I Have Read and
Understand the Above. I Wish to Submit an Application to PineCone Properties,
Inc. for Approval as Occupant for the Property Located At:
Property Address______________________________________________
TOTAL COST $35.00 $28.95 - credit check processing and screening service.
$ 6.05 - PineCone Properties, Inc. - administration fee.
I HEREBY AUTHORIZE PINECONE PROPERTIES, INC. TO OBTAIN A CREDIT REPORT AND TO THE RELEASE OF INFORMATION FROM LANDLORDS, EMPLOYERS AND BANKS PERTAINING TO THIS APPLICATION AND ITS CONTENT.
Signature_____________________________________________ Date___________
Print Name________________________________________ SSN# ____________
Drivers License #____________________Expires___/___/___ DOB___/___/___
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