Palmer House Rental Qualifications
Application
Fee:
$50.00 (per person)
Deposit:
$300.00 or one month’s rent if you are approved upon
conditional
circumstances (refundable, due at move-in). You
must bring the
deposit owed within 24 hours to secure a specific apartment
location. We only hold a certain location for 60 days.
Terms:
We manage our lease expirations and they are subject to change
periodically.
Pet Rent: $00.00 Additional per month.
Pet Policy: Two (2) pet maximum. Both pets must be approved by the community
manager. Weight cannot exceed fifty (50) pounds per pet. No
aggressive breeds or mixes (including but not limited to: Dobermans,
German Shepherds, Rottweiler’s, Pit Bulls, or Chows) are allowed
and pet interviews are required. All dogs must be a minimum of
6 months old. Pet interviews required prior to move-in.
Reservation Fee: $100.00 Non-refundable, due with application.
Two (2) Persons per bedroom. Newborn less than 6 months old are not counted as a person under this standard.
Applicant Qualifications
Age:
All applicants
must be eighteen (18) years or older. All occupants
over the age of eighteen (18) must
complete an application, be
approved by management, review and sign the lease (No
exceptions).
Income:
Pre-taxed income
must be a minimum of 3 times per the total
monthly rent,combined. Neither financial aid nor
unemployment will
be considered. If a co-signer is needed
income must equal 4 times
the monthly rent.
2 BR = $3015.00, 3 BR = $3,375.00
Employment:
Stable, verifiable current
employment, minimum of six (6) months.
If you have changed employers during the past six
months, we will
verify previous employment in order to
meet the six month
requirement. Note: Current payroll check stub or letter is
required
to verify income and employment.
Rental
History:
Good standing, verifiable rental history or
verifiable mortgage history
for the previous three (3) years.
Friends or family will not be
considered.
Credit
Rating:
Your credit history is obtained
through Screening Reports,
Inc. Bankruptcies and collections are reviewed
carefully.
Criminal Background: Sex offenders will be declined;
any felony conviction or misdemeanor conviction will be
carefully reviewed.
Co-Signer:
In the absence of any of
the above qualifications, except for negative
credit and rental history, a co-signer meeting the above
qualifications
may be accepted. The co-signer must
execute the lease agreement
and all other document required by management. A
co-signer's current mailing address (not PO box) is required
to be kept up to date with the leasing office
Renters Insurance: Must provide evidence of liability or property damage insurance at a minimum limit of $500,000. The policy must provide coverage for damage you may cause due to water, fire, smoke, and explosion and any other damage caused by the residents. Palmer House Apartments listed as an “additional interest” or “interested party”.
A
rental application must be truthfully completed for each individual
aged 18 or older that will occupy the home.
Each applicant must pay a separate application fee. A
current driver’s license or state I.D. and a valid Social
Security number are always required to
check credit, criminal and rental histories. Any false information
given will be grounds for immediate rejection.
Once your application has been processed and approved, a
member of our management team will call you to schedule your
move-in date and your
new address so you can contact the utility companies prior to your
scheduled move-in dates.
3216- A Yanceyville Street, Greensboro, NC 27405 Office: 336-621-4169 Fax: 336-621-6647
