Woodstone At Metro North utilizes a consistent, reasonable, and objective system to screen all prospective residents. Each applicant must qualify according to the guidelines outlined below prior to occupancy of our community. Income Properties reserves the right to deny any application if the following requirements are not met.
IDENTIFICATION All applicants must be 18 years of age or older. Any person who will occupy the apartment who is 18 years of age or older must complete an application and is required to pass a background screening.
INCOME Prospective residents must have adequate proof of gross income equal to 3 times the monthly rent. Income will be verified by submission of a combination of up to three or more of these forms: paystubs, employment verification form, banking, or verifiable tax statement showing earnings from the previous three years. Original documentation only; screenshots of documents are not permissible / edited documents are not permissible. *Third party document verification (screening service) is used to validate all documents
CREDIT HISTORY Each prospective resident should have verifiable credit accounts in good standing, including verifiable rental history. Lack of credit is not considered to be negative credit. Any accounts with legal action filed by an apartment community or previous landlord must reflect a zero balance. Woodstone management or the screening company must be able to obtain a letter from an attorney or creditor, on the company letterhead, stating payment history and account satisfaction. Evictions are exceptions to this stated policy. Any eviction filed and not dismissed is grounds for denial.
CRIMINAL HISTORY We obtain a criminal background check on each applicant who will reside in the apartment home. Felonies and misdemeanors involving violent crimes against persons or drug related offenses (including but not limited to sex offenses, assault, battery, arson, burglary, trafficking, prostitution, and gang participation) constitute automatic denial.
OCCUPANCY guidelines are as follows: No more than 2 persons per number of bedrooms in the apartment.
1 Bedroom Apartment = 2 Occupants 2 Bedroom Apartment = 4 Occupants
AN APPLICATION COULD BE DENIED DUE TO, BUT NOT LIMITED TO, THE FOLLOWING:
· Falsification of information provided in your application · Past and/or present landlord information is not verifiable or is not provided · Applicant has an unfavorable rental or credit history · Income cannot be verified, or income documents not provided · Applicant has a history of eviction, judgment, or is subject to court action by a previous landlord.
RENTER’S INSURANCE You will be required to carry Personal Liability Insurance coverage. To satisfy this requirement, you must provide evidence of insurance coverage at initial lease signing and maintain this coverage throughout the entire term of your residency. Your lease will have details about the insurance requirements.
GUARANTORS If a guarantor is required, he/she must meet the entire qualifying criteria as presented above. All guarantors must have a verifiable source of income (as defined in our income requirement), in an amount not less than 5 times the rental rate.
FAIR HOUSING STATEMENT Woodstone at Metro North is committed to compliance with all federal, state, and local fair housing laws. Woodstone At Metro North will not discriminate against any person because of race, color, religion, national origin, sex, familial status, disability, or any other specific classes protected by applicable laws. Woodstone At Metro North, will consider any reasonable accommodation or reasonable modification based upon a disability-related need. The person requesting any reasonable modification may be responsible for the related expense.
RENTAL RATES AND LEASE TERMS Original rental rate quotes will be honored for 2 business days. The rental rate quote is associated with the apartment's availability at the time of your quote, move-in date, and lease term requested. Any changes to the time of the quote, your move-in date, or lease term may require a revised rental rate quote which may result in a different monthly rental rate.
APPLICANT APPROVAL ACKNOWLEDGMENT Applicant acknowledges and agrees that the criteria referenced above will be considered in the qualification process. Applicants who do not meet the requirements referenced above will be declined or be subject to additional requirements, including, but not limited to, additional fees, deposits, rent or providing a guarantor.
CONSENT FORM
This application is accompanied by a reservation fee of $250.00. It is understood there will be a $50.00 nonrefundable application processing fee per adult member of the household. When the application is rejected for good cause or if the applicant is denied or cancels his/her application for any reason within 72 hours, the $250.00 will be refunded to the applicant by mail within 30 days after cancellation. The entire reservation fee of $250.00 will be retained when the applicant cancels his/her application for any reason after a 72-hour period.
I certify that the information on this form is true and complete, and I give management permission to verify all the above, which includes a verification of all information, a criminal history check, and written credit report. I also understand any false or incomplete information could result in the cancellation /rejection of this application.
PET POLICY
Pets are welcomed! Max Number of Pets: 2 Max Weight of Pets: 100
Pet Fee and Deposits:
Pet Deposit: ZERO + $400.00 Non-Refundable Pet Fee (includes Pet DNA tracking) *all canines (dog),owners regardless of pet or service animal will be required to register their canine, into the pet DNA registry and pay the $50 registration fee.
Pet Rent for first pet= $25 Pet Rent for two pets =$35
We partner with Pet Screening for third party verification on all service animals.