In order to assist you with your decision on your new home, we are providing a list of guidelines used to qualify applicants for residency in our communities. Please note that these are our current rental criteria. Nothing contained in these requirements shall guarantee or constitute representation by LS Realty Advisors, Inc. or the owner of this community that all residents and occupants currently residing in our community have met or currently meet these guidelines. There may be residents or occupants who have resided in the community prior to these requirements going into effect; additionally, our ability to verify whether these requirements have been met is limited to the information we receive from the various credit reporting services used. Qualification standards include but are not limited to the following criteria:

IDENTIFICATION. Applicants must present a valid government-issued photo identificati0on card for each person 18 years and older that will be living in the apartment.

INCOME. All applicants must have a combined verifiable source of income in an amount in accordance with current community guidelines but no less than three (3) to three and a half (3.5) times the market rental rate. If an applicant does not meet income requirements the applicant will be denied. A guarantor will be offered to all Full-Time Students who do not meet the Income Requirements. Verifiable sources of income may include, but not necessarily limited to, the following:

• Last two (2) consecutive payroll check stubs with year to date information with a minimum of six (6) months at current employer.
• Previous year’s W-2 or 1099.
• Last six (6) months consecutive bank or financial statements demonstrating multiple deposits equivalent to three (3) to three and a half (3.5) times the market rate of the unit type to be occupied.
•  Proof of Child or Spousal Support payments.
• Proof of Social Security Income, Disability, or other Government Income.
• Proof of Retirement or Trust Fund Income
• Applicants claiming Self-Employment must provide previous year’s personal Tax Return and six (6) months of personal Bank Statements as evidence of sufficient income of at least three (3) to three and a half (3.5) times the market rate for the type of unit to be occupied. Applicants that have a job in which the applicant income is based primarily off tips, bonuses, or commissions will be considered Self-Employed.
• A verifiable “Offer Letter” on Company Letterhead

CREDIT HISTORY. Our Credit Reporting Agency evaluates Credit and Rental History against indicators of future rent payment performance and operates as required by law under the Dodd-Frank Wall Street Reform and Consumer Protection Act. An unsatisfactory finding may result in the requirement of an additional deposit or denial. Lack of Credit History for a Full-Time Student will require a Guarantor.  

GUARANTORS. If a Guarantor is needed for A Full-Time Student ONLY, he/she must meet the entire qualifying criteria as presented above. All Guarantors must present proper Identification and have an acceptable Credit History. Additionally, all Guarantors must have a verifiable source of Income in an amount no less than five (5) times the market rental rate. The Guarantor must pay an Application Processing Fee, sign the Guarantor Addendum, and reside in the United States.

CRIMINAL HISTORY. Our investigation includes Criminal Background Screening. It is possible your application may be denied due to Criminal Convictions.

OCCUPANCY. The maximum number of residents permitted to occupy an apartment shall not exceed two (2) occupants per bedroom. The only exception to Occupant Limitations is anyone protected as Familial Status under Federal Fair Housing Guidelines. In this case, we will allow two (2) persons per bedroom, plus one additional person in the apartment home.  

PETS. Pet Restrictions vary at each community. If you have pets, please see Leasing Representative for more information. Assistance Animals will be allowed to the extent required by applicable law.   

FAIR HOUSING STATEMENT. LS Realty Advisors, Inc. and the owner of this community are committed to compliance with all Federal, State, and Local Fair Housing Laws. It is our policy to comply with all laws prohibiting discrimination, including those that prohibit discrimination based on race, color, religion, national origin, sex, familial status, or disability and any other local laws protecting specific classes.

ADA STATEMENT. LS Realty Advisors, Inc., and the owner are committed to compliance with the Americans with Disabilities Act by allowing the modification of existing premises for reasonable accommodations at the expense of the disabled person, if the disabled person agrees to restore the premises at their own expense to the pre-modified condition provided the modification would not affect the use and enjoyment of the premises for future residents.

RENTAL RATES AND LEASE TERMS. Original rental rate quotes will be honored for five (5) 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 revisions or changes to the time of the quote, your move-in date, or lease term may require a revised quote which may result in a different monthly rental rate.

RENTERS INSURANCE REQUIREMENT.

Renters insurance required to carry a minimumof $100,000.00 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. In addition, we require that you add our community “Retreat at Westchase” as an “Interested Party”, Party of Interest”, or similar language. Your lease will have additional details about the insurance requirements.

Insurance coverage maintained by Owner does not protect residents from loss of personal property by theft, fire, water damage, etc. Each resident is required to obtain renter’s insurance protecting his personal property and provide proof of coverage with a minimum coverage of $100,000 Personal Liability Insurance. Residents urged to mark all valuables with identifying numbers or symbols

ACKNOWLEDGEMENT. Signing this acknowledgement indicates that you have had the opportunity to review the landlord’s tenant qualification criteria. The Qualification Criteria may include factors such as Criminal History, Credit History, Current Income, and Rental History. If you do not meet the Qualification Criteria, or if you provide inaccurate or incomplete information, your application may be rejected or denied and Application and Administrative Fees will NOT be refunded.

FALSIFICATION OF APPLICATION. Any false statements or false information included in an application will result in denial of the application and all fees will be retained as damages.