Rental Qualification Requirements

CN Management, Inc.

The following standards will be used to judge your application for tenancy. You must meet the following standards to qualify to sign a rental agreement with us. Any false statements or inconsistencies on the application may result in a denial. 

$50.00 NON-REFUNDABLE APPLICATION FEE: Each applicant over the age of 18 must pay an application fee and consent to have a background and credit check done.

Please pay the application fee through Venmo: @Cnmanage

SECURITY DEPOSIT: Applicants must provide payment for the full amount of the security deposit (including any additional deposit amounts for other reasons)upon approval.

PHOTO IDENTIFICATION: All applicants over the age of 18 must provide current government-issued photo identification at the time of application.

EMPLOYMENT REQUIREMENTS: Employment history should show that the applicant has been employed with their current employer for at least 6 months. Exceptions can be made for recent graduates who provide proof of graduation, current students who provide proof of enrollment, and self-employed applicants who provide a prepared financial statement or most-recent tax return. All employment history will be verified by contacting the employer. 

INCOME REQUIREMENTS: The combined income of all persons living in the rental must be at least three times the monthly rent. Proof of income is required.  Applicants who do not have the requisite income will be considered if they provide proof of substantial cash reserves

RENTAL HISTORY: Applicants must provide the name and contact information for their previous two housing providers, or all housing providers in the last five years.  Applicants will not be approved if they have had any evictions, defaults in lease agreements, late rental payments, or if they owe any money to any other housing provider.

CREDIT HISTORY: Applications for tenancy will be denied if you have filed for bankruptcy in the last 2 years, or if you have any bankruptcies that have not been discharged at least one year prior to the application. A credit score of 620 or higher is required for approval.  Students without a credit history may still be approved with a qualifying parent or legal guardian as co-signer.

CRIMINAL HISTORY: Your application may be rejected if you have been convicted of any crime against a person or property that would present a threat to the owners, neighbors, or the rental property. 

RENTER’S INSURANCE: Renter’s insurance will be required upon occupancy. Owner must be listed on the insurance as an additional insured.

MAXIMUM OCCUPANCY: 2 occupants per bedroom 

If your application is approved, you will be notified. You will have 48 hours from the notification of your approval to sign a lease agreement and pay the required deposit. If you do not, then other applicants may be considered and given the opportunity to sign a lease. We are committed to equal housing opportunity and provide housing opportunities regardless of race, color, religion, sex, national origin, physical or mental disability, familial status, source of income, sexual orientation, or gender identity.

 

Rental Application

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