Emerald Pointe Apartments Statement of Rental Policy
Studio/One Bedroom - No more than 2 occupants
Two Bedroom - No more than 4 occupants
Three Bedroom - No more than 6 occupants
Application process. We evaluate every apartment application in the following manner. You must submit a rental application and answer all questions on the form. You must pay a nonrefundable application fee. We will determine whether, from your responses to the application questions, you qualify for the apartment you are applying for. If you do not, we will reject your application. If you do, we will screen your application which includes checking your credit report, criminal history, employment, and rental references to confirm that they meet our rental criteria. If you meet our criteria, we will approve your application. We will rent available apartments to applicants in the order that their applications are approved.
Pet Policy. Two (2) pet (s) will be allowed per apartment. Only dogs, cats, and caged birds will be accepted and must be at least one year old. Aggressive breeds are not allowed. Management reserves the right to deny and remove any pet from living on property. Residents may be required to submit documentation from a veterinarian of dog breed, age, and current vaccinations.A non-refundable pet fee is to be paid in the amount of $400.00 for all pets residing in the unit. In addition there is a $35.00 per month per pet rent that will be due.
Vehicles. Recreational or commercial vehicles are not allowed on property, and will be immediately towed. Vehicles must be operational, moved at least once every seven (7) days and have current registration and inspection. Parking spaces are limited; therefore, the number of vehicles are two (2) per apartment. The management reserves the right to limit or disallow vehicles and motorcycles as well as to change or amend the policies at any time.
Application/ Administration Fees and Security Deposits. In order for a rental application to be accepted a pre-leased deposit must be made in the amount listed below per unit size. The pre-leased deposit allows the unit to be taken off the market while the application is being processed. In addition a $75.00 non-refundable application fee per applicant 18 years or older, including spouses, and a $70.00 administration fee must be paid. If an application is not approved, or if the applicant declines the apartment within Seventy Two (72) hours of acceptance, the deposit and administration fee will be refunded in full. If the application is approved and the applicant declines the apartment more than Seventy Two (72) hours after acceptance, the deposit and administration fee will be forfeited as damages for the apartment having been kept off the market. ** The first month’s rent, security deposit, application fee and administration fees must be paid by money order or other certified funds.
Monthly Rental Pricing and Security Deposit Amounts. (Security Deposit amount based on Credit Rating.)
Type Monthly Rent Amount Security Deposit
Studio $1010.00 Starting at $500.00
One Bedroom $1180.00 Starting at $500.00
Two Bedroom $1500.00 Starting at $500.00
Three Bedroom $1795.00 Starting at $500.00
Water Charges. Water/Sewer service for the leased premises will be provided by Emerald Pointe Apartments, water, sewer, storm water, municipal fixed water/ sewer charges and other related charges will be calculated on a fixed rate structure. These charges will be billed by the Lessor (Emerald Pointe Apartments) and paid by the Lessee (Tenant) without demand on a monthly basis.
Current Monthly Rates:
Studio $29.00
One Bedroom $32.00
Two Bedroom $42.00
Three Bedroom $49.00
Lease Terms. Three (3), Six (6), Twelve (12), and Eighteen (18) months. 6 Month Lease- $85.00 per month additional. 3 Month Lease- $165.00 per month additional. Twelve and Eighteen month terms – no additional fees.
Rental criteria. To qualify for an apartment at Emerald Pointe Apartments, you must meet the following criteria:
Income. Applicant’s monthly income must be at least four (4) times the monthly rent. You must be able to provide income verification by:
Credit history. No established credit will be considered satisfactory. Applicants must not have bankruptcies or foreclosures within the last 36 months. If an eviction/and or previous negative landlord debt reflects within the last 60 months, the applicant will be automatically declined. Applicant must not have any unpaid balances to electric, gas or water utility company. A scoring model will be utilized as provided below:
Past residency. Up to three (3) years of past occupancy history will be reviewed and must exhibit no derogatory references. Rents/ Mortgages paid on time, NSF Checks, Lease terms completed, sufficient notice given, and verification of premises condition.
Criminal history. No applicant (resident or occupant) may have any felonies of a violent or sexual nature, or of any nature that could reasonably be perceived to threaten the safety or well-being of the other tenants of the complex. An applicant may be denied for felonies of any nature, though upon appeal of denial, consideration may be given to the length of time that has passed since the felony, or to evidence presented by the applicant of mitigating factors, efforts at rehabilitation, and the nature and severity of the conviction. An applicant will be denied if they have been indicted, arraigned, or convicted involving firearms, illegal drugs, destruction of property, sexual crimes, or any crime involving a minor, as these kinds of crimes can directly affect the safety and well-being of tenants of the complex as well as the property itself. This will include persons who have received deferred adjudication and /or have not yet satisfied the probationary period of a deferred adjudication on any of the above mentioned offenses.
Identification. You must provide a valid state issued driver’s license or state issued ID for each person of legal age.
Conditional Acceptance. Applications may be conditionally accepted which would require additional security deposit.
Students. Full time students who have no or limited income may be approved with a Lease Guarantor. The Lease Guarantor must meet the rental criteria. The guarantor will be required to complete an application and pay a full application fee. The guarantor will be asked to sign a Lease Guaranty Agreement to support the application.
General. All individuals 18 and older must complete an application and be listed as a lease holder. In the event that the application is denied for all applicants, the application can be collectively or individually re-submitted after 45 business days.
Lease Signing and move-in. All applicants must be physically present when the lease is signed. No belongings will be permitted in an apartment prior to move in.
Acknowledgement:
By submitting this application, I understand and accept the written Rental Policy Statement for Emerald Pointe Apartments. Further, I understand that falsification of rental application information will cause for denial of the application. If I fail to answer any questions or give false information, Emerald Pointe Apartments will retain all application fees, deposits and administrative fees as damages for incurred expenses and my right of occupancy will be terminated. Giving false information is a serious offense. Avalon Apartment Homes rental criteria are guidelines which enables the acceptance of prospective residents/ individuals who are creditworthy and meet the criminal history policy of management. This rental criteria does not ensure that all individuals residing on or visiting the community conform to these guidelines.