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1)
What
standards are used to determine who is a
qualified applicant? 2) What are your guarantor requirements? 3) How much money is required for a security deposit? 4) How much time does it take us to process your application? 5) What paperwork is required? 6) What should I bring to the lease signing? 7) What if I am not a United States Citizen?
In order to qualify, without a guarantor, prospective tenants must make an
annual base income of no less than fifty times the monthly rent. For
example, if the monthly rent is $2,000 each applicant must make at least
$100,000 (50 X $2,000). In addition, each applicant must also have a stable
employment history and a good credit rating. If each applicant does not meet
these requirements, a guarantor or extra security may be used in lieu of
them.
Guarantors musthave a good
credit rating.
Only one guarantor is necessary per apartment regardless of the number of
occupants.
The amount of security that will be required is determined by the qualifications of each applicant. The deposit will be held in an interest bearing escrow account for the
duration of the lease. The deposit will be fully refunded at the end of the
lease provided there is no damage to the apartment and all rent has been
paid. 1% of the interest accrued will be deducted as an administative fee.
Applications can be processed and approved within a
few days, provided that all required paperwork and application fees have
been submitted.
1. A completed
Page Management application must be completed for each applicant.
All applicants should bring photo identification in
the form of either a driver license or passport. The first month’s rent and
agreed upon security deposit will be due at this time, and should be payable
in the form of either a certified check, bank check, money order, traveler’s
check, United States currency, or by arranging for a wire transfer. Please
remember to verify the company that the check or wire should be made payable
to prior to the lease signing.
In addition to the above requirements, you must bring your original
passport as well as all of your United States immigration paperwork, which
may include a Visa or Green Card. |
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