QUALIFICATION CRITERIA FOR RENTING

Applicant Qualification Criteria for Renting at Love Properties / MEL Investments LLC

Before filling out an application, please review our list of criteria below. If you feel you meet the criteria, please apply - because we would be happy to rent to you. Also, if you have any questions or concerns, feel free to ask.

 

1. A completed and signed application form for all proposed occupants over the age of 18 must be submitted. 

ALL LINES MUST BE FILLED IN. Incorrect or misinformation will disqualify you as a prospective renter.

 

2. A screening fee in cash, cashier’s check, or money order for the purpose of running credit and eviction reports is required with each application.

 

3. You must provide a photo I.D. We require a photo I.D. -Driver’s license or State Issued ID card) and Social Security card. (Note: Military cards are not accepted.)

 

4. You must have a credit report that demonstrates a willingness to pay financial obligations in a time fashion (or we require a FICO score of at least 475

 

5. You must have no records of eviction.

 

6. We require favorable responses from references and previous landlords.

 

7. Employment History and Sufficient Income: We require a monthly income of 2.5 times the amount of your monthly rent per applicant. Income must be verifiable through pay stubs, employer contact, or tax records. All other income, including self-employment, must be verified through tax records.

 

8. Rental History must be verifiable from unbiased sources. If you are related by blood or marriage to one of the previous landlords listed, or your rental history does not include at least two previous landlords, your application may be declined, or we may require a qualified co-signer on your rental agreement. Qualified co-signers must meet all screening criteria plus make 3 times the amount of rent.

 

9. You will be denied if you have a conviction for any type of crime that would be considered a threat to real property or the ability of other residents to peacefully enjoy the premises.

 

10. An up-front payment of approximately (insert one or two) month’s rent as a security deposit is required by cashier’s check or money order when signing a rental contract.

 

11. We will accept the first qualified applicant.

 

12. If the home is in an HOA, you must be qualified to live in that HOA.

 

Please be sure the following four (4) items accompany your rental application:

1. There may be an application screening fee of $40 in the form of cash, cashier’s check, or money order for each applicant over the age of 18.

 

2. Picture I.D., (Driver’s license, Green Card or Passport)

 

3. Social Security Card

 

4. Proof of Income: Current paystubs or an official letter from your employer on company letterhead should be attached to the application. For self-employed, 1099 applicants, your last two years of returns are required.

 

You agree to the terms above, and understand that a credit check and background check will be included on each applicant over the age of 18. You further understand that your application will be immediately denied by providing false information.

 

Each home has a different pet policy and fee. We will not accept any vicious breed. A pet interview will be included with each applicant. Shot records must be provided on acceptance of the pet or service animal. ALL SERVICE ANIMAL PAPERWORK WILL BE INVESTIGATED WITH THE STATE OF NV.

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Acceptance of terms above signed.

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Printed name

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Dated