CTB PROPERTIES
RENTAL CRITERIA AND APPLICATION DISCLOSURE
The Following Information Will be Accessed as part of the Screening of Any Applications for Tenancy:
- All information on your Application for Tenancy.
- Your rental history via any identifiable prior Landlords
- Credit reports via a third party Consumer Reporting Agency
- Public records regarding criminal history or registration as a sex offender
- Personal references.
- Verification of employment and/or income amounts.
- Public records regarding civil court records.
- Any other information provided by the applicant (such as anticipated length of tenancy, tenancy commencement date, etc…).
- The Consumer Reporting Agency (screening company) providing us your credit report and reviewing your application and public records will be: Orca Information, PO Box 277, Anacortes, WA 98221, Phone: 800.341.0022, Fax: 800.522.672, orca@orcainfo-com.com. In the event of a denial of tenancy or other adverse action, you have the right to dispute the accuracy in the consumer report through the screening company and to request a free copy of the consumer report from the entities designated above.
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General Information:
- Applicant on time for showing appointment, or timely call to reschedule.
- Positive Picture ID for all adult (over 18 years of age) occupants.
- Fully completed application for every occupant over 18 years of age, with no material misstatements or omissions.
- Demonstration of ability to pay complete deposit and prepaid rent requirements prior to occupancy.
- Applications will not be reviewed until received in full. Groups of more than one applicant will not be considered until the applications from all members of the group are received.
- NOTE: Application fees to Landlord’s tenant screening vendor must be received by that vendor before the application can be processed.
Income/Credit Requirements:
- General rule is that income from the applicants intending to sign the lease (collectively) must equal or exceed three times the rent (3X).
- Proof of adequate income (or reserves) to verify ability to pay rent on time throughout the lease term (select one or more):
- Verification of employment and salary/wages.
- Recent paystubs from verifiable employer
- Tax return copies for self-employed applicants.
- Proof of regular investment earnings, social security or other form of governmental rental supplement.
- Any additional sources of income that applicant wishes to disclose (i.e. child or spousal support, trust income, financial reserves, etc…).
- Favorable credit history free of negative credit issues which may indicate that the applicant has a pattern of failure to timely pay financial obligations.
- NOTE: Exceptions to minimum income requirements are applicable for Section 8 applicants in jurisdictions where Section 8 is a protected class.
Rental History:
- For applicants with prior rental history, favorable references must be received from minimum of last two landlords (i.e., timely rent payment, no damage in excess of normal wear and tear, no documented rules violations, timely issuance of notices of intent to vacate and compliance therewith).
- For applicants without a verifiable prior rental history, adequate personal references for equivalent to two favorable past landlord references.
Additional Grounds for Denial of Applications:
- Reasonable likelihood that a past history of abuse of alcohol interfering with the health, safety or right of peaceful enjoyment by other members of the community.
- Reasonable likelihood that a past history of use of illegal drugs (or unauthorized use of legal drugs) interfering with the health, safety or right of peaceful enjoyment by other members of the community.
- History of criminal activity on the part of any proposed occupant could negatively impact your application.
- Status as a registered sex offender.
- Reasonable likelihood that a past history of applicant or those acting under his or her control will interfere with the health, safety or right of peaceful enjoyment by other members of the community.
- Reasonable likelihood that a past history of applicant or those acting under his or her control will cause damage or destruction to the dwelling unit or surrounding property.
- Reasonable likelihood based on income and credit that the applicant will not be able to timely satisfy the financial obligations of tenancy.
- Reasonable likelihood based on rental and personal history that the applicant may cause damage to the property, or become a nuisance to neighbors or the community.
- Due to unavailability of the Property. Even very well qualified applicants may be denied if another application for the property has already been approved. Please note that, while equivalent applications are processed in the order received, such other factors as the requested date of the commencement of tenancy, or an applicant offering a higher rent amount may result in priority of another application.
NOTE: In case of multiple applicants intending to share the property together, disapproval of one applicant terminates the application unless the non-disapproved applicant(s) elect to resubmit their application without the disapproved applicant.
NOTE: Applications are pre-reviewed in the order in which completed applications and the application fee are received. If applying as part of a group of residents planning to live together, the application is not complete until all proposed residents’ applications have been received and the processing fee paid. After preliminary screening, applications which do not appear to meet our Rental Criteria will be notified and will not be passed along for review. Applications which appear to meet out Rental Criteria will be moved forward for screening based upon the order received, excluding those applications which do not meet those Rental Criteria.
Specific Information for Subject Property:
- Smoking Prohibited: [ X ] YES [ ] NO
- Pets Prohibited: [ X ] YES [ ] NO
- Lease Term: [ X ] 12 month minimum required
- Co-Signers Accepted: [ ] YES [ X ] NO
- Renter’s Insurance Required: [ X ] YES [ ] NO
- Maximum Occupants: [ X ] Two per bedroom [ ] Other: ________________________________
- Utilities: tenant pays all utilities
- Prepayments: [X] First month’s rent [X] last month’s rent [X] security deposit of $1,000
To apply for tenancy:
- Go to ctbproperties.quickleasepro.com.
- Click the green Start button.
- Complete the application and pay the fee via credit or debit card.
- Send a confirming email to ctbproperties@hotmail.com, so we know to look for your application.
- Remember that all residents over 18 years of age must submit a separate application and in the case of a group of occupants, the application will not be considered as complete until all members of the group have submitted their application.