Tenant Application

PARTNERS MANAGEMENT acts as an Agent for and is EMPLOYED BY THE PROPERTY OWNERS. Properties are rented to the best qualified Applicant as determined by the Owner of each property. No property shall be "held". A lease is made at the time the Rental Agreement is signed by the Applicant and by PARTNERS MANAGEMENT as the Owner's Agent. Until that time, the property is available to all qualified Applicants.

TO MAKE A RENTAL OFFER, PARTNERS MANAGEMENT requires:

1. A fully completed application which must include the current date, move-in date, the rental rate and the Applicant's signature. Every adult who will be residing in the premises must compelte an application.
2. A Good Faith Deposit, by cashier's check or money order ONLY, equal to the amount of the Security Deposit, payable to PARTNERS MANAGEMENT unless otherwise directed. Cash will not be accepted.
3. A cashier's check or money order ONLY payable to PARTNERS MANAGEMENT for processing the rental application. If it takes more than one person to meet the following criteria, there will be application fee for each additional application processed. Cash will not be accepted.
4. A current pay stub or three or more recent checking account statements.

To qualify for rental: (a) The Applicant's net income after taxes and debt payments (as reported by independent reporting agency, like Equifax Credit Information Services) figured on a monthly basis must be no less than three times the monthly rent. (b) Income must be verfied by either a current pay stub or three most recent checking account statements. (c) If more of Applicant's trade accounts are reported with a rating other than 0 (account too new to rate) or 1 (account paid as agreed) the application may be disapproved. (d) Applicant must have atleast six month's prior verifiable lease history. (e) Prospective Applicants who have a history of dispossessory action, noise or other abuses and/or outstanding debt to a former landlord will not be accepted. (f) Applicants who have a felony charge(s) within 5 calender years of date of application for any violent crime(s), drug related charge(s), sex charge(s) or domestic disturbance(s) may be disapproved.

All properties are rented on an "as is" basis (with existing exceptions to normal wear and tear listed on a separate move-in inspection form). If there is something PARTNERS MANAGEMENT overlooked, applicant may include along with the application and checks, an outline of requested repairs or changes.

When an agreement is reached between Applicant and Lessor as to lease terms, PARTNERS MANAGEMENT will process Applicant's rental application, and the application fee will become non-refundable. Upon approval of the rental application and execution of a Rental Agreement, the Good Faith Deposit will become the Security Deposit and will be held through the term of your occupancy. If the rental application is not approved, the Good Faith Deposit will be returned to you. You may want to contact a credit reporting agency so you can review the information that was reported. By signing below, Applicant ackowledges that he or she has read, understands and will comply with the above mentioned instructions.