APPLICATION FOR LEASE
The applicants and occupants presented on this application will constitute the leasees and occupants on the lease agreement. No additional parties will be added to the application or lease agreement after submission of the application or signing of the lease. Omission of intended residents on the application will constitute a fraudulent application and will result in disqualification of the application or nullification of the lease if a lease has been signed.
Different properties have different application standards. At minimum applicants must provide evidence of secure income equivalent to double the monthly rent (i.e. if monthly rent is $500, applicant must provide evidence of income equal to or exceeding $1000 per month). Most properties offered at $1000/month or higher will require secure income of at least three times the monthly rent. Non familial applicants may be judged individually rather than cumulatively. If you have questions about the income requirements for your property of interest please inquire.
Please read prior to submitting an application.
*Anyone 18 years old or older is required to complete an application
*There is a NON-REFUNDABLE $35.00 processing fee per applicant, the application will not be processed until the fee is paid.
*A valid social security # is required for each applicant.
*Income verification of at least 4 most recent paystubs (must be within the last 30 Days and show YTD gross earnings).
*Income verification of social security or social security disability award letter
*If self employed, copies of 2 years of tax returns
THE FOLLOWING ARE COMMON REASONS TO BE DECLINED, please consider before submitting, if any apply to you.
*Credit score below 600
*Currently in bankruptcy or within the last 2 years Insufficient income, high debt to income ratio, or unverifiable income
*Current or previous evictions
*Negative rental reference
*The applicants and occupants presented on this application will constitute the leasees and occupants on the lease agreement. No additional parties will be added to the application or lease agreement after submission of the application or signing of the lease. Omission of intended residents on the application will constitute a fraudulent application and will result in disqualification of the application or nullification of the lease, if a lease has been signed.
*Property Management of Virginia reserves the right to select the most qualified Application in situations where multiple applications have been submitted.
*Deposits accepted from approved applicants to secure a property become the security deposit and are only refundable under the terms of an executed lease agreement.
*Pets may be allowed on some of our properties. Please inquire at time of application. On those properties allowing a pet, an additional pet deposit of $250 will be charged. Monthly pet rent of $25 will be charged. No more than 2 pets and a weight limit of 351bs.
Breed restrictions include: rottweller, pit bull terrier, Doberman, German shepherd, akita, among others.
Know your rights surrounding service and support animals. Visit HUD’s most recent notice.
All prospective tenants in Virginia must have access to the Virginia Statement of Tenant Rights and Responsibilities. Visit http://krpm.in/VSTRII