Terms: Applicant certifies that all information given to evaluate this application to rent/lease is correct and complete. Applicant authorizes all inquiries by rental owner or owner's agent or national tenant network deemed necessary to evaluate this application. Applicant further understands that any false, inaccurate or incomplete information is grounds for immediate rejection. Applicant specifically authorizes and requests all present and previous employers, mortgage holders, landlords, rental agents, credit grantors, banks, accountants, stock brokers, criminal records and any government agency to release any requested information in the evaluation of this application.
Fee: The application fee is $40.00. If more than 2 adults will be on the lease it is an additional $20.00 per adult. These costs cover the fees charged to Hecht Property Management for credit and background checks. This fee is non-refundable and is not applied to rent or security deposit expenses if application is approved.
Rental Policy: All rental applications are considered carefully. A final determination of eligibility to lease a property through Hecht Property Management is made on the following basis.
Credit History: Credit report as furnished by Equifax Credit Bureau must show a rating of 4 or less. We arrive at this rating by averaging the Equifax credit line ratings. Judgements, liens or foreclosures are rated as 10; other credit lines are rated as reported by Equifax. If the average rating is between 3 and 4 and reference from past landlords and employer are all positive, a co-signer or double security deposit will be considered. In order for a co-signer to qualify they must have unblemished credit, own property in North Carolina and have lived in NC for at least one year.
Income Requirements: All applicants must be currently employed with a monthly salary of 3 to 4 times the monthly rent amount or be able to show proof of assets equal to four times the yearly rent.
References: Past and current landlords, employers and other references are contacted. Reports from any damage to rental property, failure to pay rent, lack of compliance with all terms of lease, temporary employment, projection of job termination or living habits that may disturb or harm neighbors are grounds for refusal of this application.
Criminal History: To be evaluated by the owner and agent. Rental depends upon frequency, seriousness and type of charges and/or convictions.
