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R.A. INVESTMENT
PROPERTIES will not discriminate against any person
based on race, color, sex, religion, national origin,
familial status or handicap, as defined by the fair
housing laws. All housing is made available on a first
come, first served basis. Units cannot be held for lease
without submitting a signed application and deposit.
Occupancy Standards
– No more than two (2) occupants, or two (2) occupants
and one (1) child under the age of twelve months, per
bedroom, may reside at any residence, and no more than
four (4) unrelated persons may reside at any residence
as per City Code.
Age Requirements
– All applicants must be a minimum of eighteen
(18) years of age to enter into a lease agreement.
Income Requirements
– The monthly income of all applicants must be
at least two and one-half (2 1/2) times the monthly
rent amount. Applicant must provide proof of income
such as child support, social security, disability payments,
dividends, etc. which you wish to be considered for
qualification purposes.
Employment Verification
– Applicants must be employed or provide records
showing sufficient cash savings to cover the total lease
term. If self-employed or retired, applicant must submit
a copy of page 1 of the previous two years tax return.
Foreign nationals may provide an I-20 or IAP66 form.
Credit Requirements
– Applicants most current credit report must reflect
at least fifty (50) percent of accounts shown as favorable
activity within the last twenty-four (24) month period.
Favorable activity shall mean that you have no delinquent
payments. Your application will not be accepted if your
credit report reflects any amount owed to a property
management company, apartment community, individual
property owner or mortgage company within the last seven
(7) years.
Rental History
– Applicants must provide R.A. Investment Properties
with the necessary information to verify your most recent
residence and in descending order, prior residences,
a minimum of one (1) year of favorable occupancy history.
Favorable occupancy history means that you fulfilled
your prior lease or mortgage obligations and that each
landlord or mortgage representative contacted would
lease to you or make a new loan to you without special
restrictions.
Criminal History
– Applicants must have no criminal felony convictions
involving any type of violence, firearms, illegal drug
possession, or crimes against property. Management reserves
the right to consider any type of criminal activity
that is discovered in reviewing the application.
Application Fee
– A $25.00 nonrefundable processing fee will be
charged on each application.
Hold Deposit
- A deposit in the amount of $____________ (a minimum
of one half of the security deposit) has been received
to hold the property pending application review. If
no deposit is received, the property cannot be held.
If applicant terminates the application process, all
deposits will be forfeited without recourse.
***NOTE: If all of the above requirements cannot
be met, then a qualified lease guarantor will be required.
Any false information provided on the application will
result in rejection of applicant.
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