Rental Criteria

Rental Criteria

RENTAL CRITERIA

Qualified Applicant. An applicant that meets the landlord's screening or admission criteria


STANDARD REQUIREMENTS

1.    All applicants must have a positive identification. Such as drivers license, state issued identification card.       

2. A completed and accurate application for rental, which must include Social Security Number, current employment and rental history including addresses and phone numbers.

3. Incorrect, incomplete, or false information given on the application will be grounds for denial.

4. Each individual applying for housing will be screened separately.

5. All applicants must be prepared to enter into a binding contractual agreement.

6. All applicants must meet the criteria code.

7. Application fee must be paid.

8. All applicants or applicants’ representatives must view the dwelling prior to entering into a binding agreement.

9. If approved, applicants have 48 hours to pay their security deposit and sign their agreement or Premier holds the right to move onto the next applicant in line.


STANDARDS OF OCCUPANCY

1.    Occupancy is limited on the number of bedrooms in a unit. ( A bedroom is defined as a space which is used for sleeping and has one window and a closet). 

2. Only two persons are allowed per bedroom.

RENTAL HISTORY: The landlord may deny your application for tenancy or occupancy based on one or more of the following rental criteria pursuant to applicable law

1.    Each applicant will need to have at least 2 years of verifiable rental history with a non-family member. 

2. If an applicant has no rental history due to home ownership, the ownership will need to be verified stating all payments have been made on time or the loan has been paid in full.

3. All Previous landlord information will need to be verifiable.

4. If an applicant is lacking in rental or mortgage history, they may be able to qualify with a Statement of Guarantor. This is on a property-by-property basis, if the property accepts a Guarantor, the Guarantor will be required to make at least 5 times the rent and meet the credit criteria. Guarantor must supply a Social Security Number and a completed Statement of Guarantor.

5. If rental history reflects past due rents or outstanding balances, this may be ground for denial.

6. If rental history reflects recorded EVICTIONS will be grounds for denial if Eviction has been reported in the past 5 years.

7. Negative or insufficient reports from references or other sources may be a basis for denial.

8. Unacceptable or insufficient rental history, such as a lack of refence form a prior landlord may also be a basis for denial."

INCOME REQUIREMENTS

1.    Proof of income will be required with each completed application. The total Gross Income should equal or exceed 3 times the rent. If income is lacking an additional security deposit or Statement of Guarantor may be accepted on a property-to-property basis.

2.    Verifiable income may mean, but is not limited to current employment, investment accounts, social security, bank account, alimony/child support, trust accounts, welfare, grants/student loans, housing assistance or unemployment. 

3.    Self Employed applicants will be required to show proof of income through 3 months current bank statements and last years tax return.

CREDIT REQUIREMENT

1. A Good credit standing will be required. 

2. Credit reports are used by the Lessor to verify the accuracy of the Information provided by the applicants

3. An applicant should not have negative information reported on his/her credit report. (Definition of negative meaning delinquent accounts, late pays, charge offs, bankruptcy, collections, judgments, or liens, etc.

CRIMINAL HISTORY

• Upon receipt of the rental application and screening fee the Landlord may on a property-by-property basis, conduct a public record search to determine whether the applicant or proposed applicant has a criminal history, criminal charges pending and/or has been convicted of any crime.

• Applicants who have Federal or State criminal charges who have been convicted by Federal or State law within the last 10 years of the date of the application for a felony, misdemeanor, or violation involving but not limited to: drugs, drug related crime; fraud; theft; identify theft; forgery; crime involving dishonesty, weapons, person crimes, physical or verbal assaults, sex crimes, crimes involving children, and any other crime if the conduct for which the applicant was convicted or charge is of a nature that would adversely affect the property of the landlord, or tenant, or the health, safety, or right to peaceful enjoyment of the premises of residents, the landlord or the landlord's' agent may be grounds for denial."

• Any applicant for tenancy who may constitute a threat to the health, safety or peaceful enjoyment of the premises to other tenants, landlord the public or someone employed by the landlord may on be on a case-by-case basis, depending on the number, nature, date and severity of the crime(s) of the mitigating information since that date of last conviction may be denied housing.


STATEMENT OF GUARANTOR

The Guarantor must qualify by making 5 times the market rent and have a good credit standing. A Social Security Number must be provided in order to obtain credit history.

CRITERIA CODES


Definition of Criteria Codes: A, B, C, D, E, F, G, H, I, O will define a “property by property basis” stating whether or not a property of interest will accept certain allowances. Each category listed on the criteria will require each applicant to qualify under certain criteria codes. The codes are listed on each property description available for rent. 

CRITERIA REQUIREMENTS FOR INCOME

A= property will accept Statement of Guarantor

B= property will accept Statement of Guarantor for students of higher education

C= property will not accept Statement of Guarantor

D= property will accept additional security deposit

E= property will not accept additional security deposit


CRITERIA REQUIREMENTS FOR RENTAL HISTORY

F= property will accept Statement of Guarantor

G= property will accept Statement of Guarantor for students of higher education

H= property will not accept Statement of Guarantor

CRIMINAL HISTORY

I= property will conduct public records search to establish whether the applicant

                or proposed tenant has been convicted of any crimes.


O= other criteria:________________________________________________________

Materially Incomplete Application. A rental housing application that does not include the information and supporting documentation required by a landlord to conduct an application screening pursuant to the landlord's adopted screening or admission criteria.

A landlord may refuse to process rental housing applications that are:


Materially incomplete; or


Submitted by an applicant who has violated a rental agreement with the landlord three or more times during the 12-month period preceding the date of the application, and the landlord can provide documentation of the violations.


Your application will be held for 60-day period. 


Premier Property Management Services follows all nondiscrimination policies as required by federal, state or local laws. Including discrimination against an applicant because of the race, color, religion, sex, sexual orientation, national origin, marital status, familial status or source of income of the applicant


Policy for Denied Applicants

POLICY FOR DENIED APPLICANTS


Reasons for denial: Evictions, negative credit rating, negative tenant references, lack of income, lack of or non verifiable information, incomplete or false information on rental application, inaccurate information on rental application, observed inappropriate behavior, criminal record.


If an applicant is declined on the basis of credit history, you will be supplied with an address and phone number of reporting credit agency used to obtain your credit history.


Observed Inappropriate behavior may be defined as menacing behavior or threatening in temperament, harassment of any kind. 


***Renters Insurance: All tenants must carry Renters Insurance and be prepared to provide proof upon move in. This does not pertain to tenants that meet the income provisions set forth under the statutes.


INSURANCE REMINDER: Owner/Agent insurance policy does not cover the contents of resident’s unit or personal liability. The Rental Agreement does require that a Resident obtain Renters Insurance and provide a copy no later than the specified move in date. 


ORS 90.222 allows Landlords to require their tenants to obtain renters insurance in an amount not to exceed $100,000.00 per occurrence or the amount customary in the rental area, whichever is greater.


ORS 90.222 Sec (8) A landlord may not require a tenant to obtain or maintain renter’s liability insurance if the household income of the tenant is equal to or less than 50 percent of the area median income, adjusted for family size as measured up to a five-person family, as determined by the Oregon Housing Stability Council based on information from the United States Department of Housing and Urban Development.


Tenant that meets the income requirements of the ORS to obtain insurance will need to be prepared to provide proof upon move in. INSURANCE REMINDER: Owner/Agent insurance policy does not cover the contents of residents’ unit or personal liability. The Rental Agreement does require that a Resident obtain Renters Insurance and provide a copy no later than the specified move in date.


Senate Bill 91 allows Landlords to require their tenants to obtain renters insurance in an amount not to exceed $100,000.00 per occurrence or the amount customary in the rental area, whichever is greater.

EUGENE RENTALS ONLY PER ORDINANCE NO. 20694


Applications Processed in Order Received.

Each applicant will be informed of their place in line. Your application will be cancelled if your application is materially incomplete.


Premier will simultaneously process multiple rental housing applications, but must accept, conditionally accept, or deny rental housing applications in order of receipt

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