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IPM REALTY RESIDENT SELECTION CRITERIA
All complete ap}
ications ai
processed and evaluated using the criteria set forth below. The following
guidelines are established to ensure that each application is processed fairly. Applications are
processed in the order they are received by IPM Realty. Incomplete applications will not be considered.
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All applicants 18 or older must submit a separate, fully completed, dated and signed residency application and
fee. All applicants must provide proof of identity with picture identification.
‘Only the applicants named on the application may reside in the property.
Co-signers are may be used in some instances if approved by the Landlord. The co-signer must complete a
separate application, pay the fee and provide all relevant and required information. The co-signer is subject to
approval/denial by Landlord
Applicant(s) may be required to be approved by a condo/home owner's association and may have to pay an
additional security or damage deposit
‘A $35 non-refundable application fee, per applicant, is required with the application before the application is.
processed. The application fee for active duty military and spouse is $25 per person.
‘The accepted forms of payment for a residency application are cash, money order or credit/debit card (No
personal checks). There will be a $3 processing fee added to credit/debit card transactions.
Once the application(s) is approved, a $40 leasing fee and security deposit must be paid in certified funds along
with a signed lease agreement. The property will not be taken off of the rental market until this criteria has been
met. IPM Realty reserves the right to require a larger security deposit and/or additional pre-paid rent.
IPM Realty requires a minimum 580 credit score and credit history must not contain judgements, eviction filings,
collections, liens or bankruptey within the past year.
Applicants must have a combined gross income of at least 3 times the monthly rental amount. Pay stubs for
previous two months are required as income verification. Self-employed applicants must subrnit their most recent
{ax retum or 1099 and two months of bank statements. Non-employed individuals must also provide verifiable
proof of income. All sources of “other” income” must be verifiable if needed to qualify for a rental property.
Criminal records must not contain convictions for crimes involving violence, assault or battery, drugs, firearms;
felonies within the past 10 years or sexual offenses ever. In the even a record comes back “adjudication withheld
or “adjudication deferred’, further documentation may be required and applicant may be denied on this basis.
A minimum of 1 year rental history is required. Previous rental history reports from landlords must reflect timely
Payments, sufficient notice of intent to vacate, no complaints regarding noise, disturbances or illegal activity, no
Unpaid NSF checks and no damage to the unit or failure to leave the property clean without damage at time of
lease termination.
No pets (with the exception of medically necessary pets for the benefit of the occupant(s))of any kind are
Permitted without specific written permission of landlord in the lease document, an addendum to the lease, a non-
refundable pet fee acceptable to the landlord andlor an additional pet depositor additional security deposit. Fees
and deposits are waived for medically necessary pets.
The number of occupants must be in compliance with HUD standards/auidelines for the applied unit
‘Once an application(s) has been approved and IPM Realty has received a signed lease, required fees and
security deposit a property can be held off of the market for no more than 2 weeks. If an applicant fails to take
possession of the property and pay the required rent, applicant forfeits the deposit.> Prior to taking possession of the rental unit the following items are due: Full Security Deposit, $40 leasing fee,
First full month’s rent and any applicable pet fees. These payments must be paid with cer
cashier's check or money order. No keys will be provided until these payments are rec
Realty Rental Department.
> The security deposit is non-refundable.
> Applicant has read the lease and all addendums and agrees to these terms and conditions,
In the event any exceptions to our company’s criteria are made, additional security, co-signers andlor additional
advance rent payments may be required. These requests for exception must be submitted in writing and are
subject to approval/denial by landlord or agent of landlord. It is the policy of IPM Realty to report all non-
compliances with terms of your rental agreement or failure to pay rent or any amounts owed to the credit bureau
andlor collection agency and if the amount is disputed, it shall be reported as disputed in accordance with the
law.
Applicants represent that all statements submitted in the application are true and complete. Applicant authorizes
verification of references and credit records. Applicant(s) is aware that a consumer report including information about
credit history, personal characteristics and all public record information including criminal records will be made.
Applicant agrees that false, misleading or misrepresented information may result in the rejection of the application and
may be grounds for the immediate termination of lease , eviction with loss of deposits and any other penalties as provided
by the lease terms and prevailing law.
Applicant authorizes IPM Realty to verify al information given on this application.
IPM Realty does not discriminate on the basis of race or color, age, religion, sex, national origin, familial status, disability
or sexual orientation. IPM Realty is an equal housing opportunity partner.
Tenant Signature Date Printed Name
Tenant Signature Date Printed NameProperty applying for:
Desired Move-in Date:
Name:
SSN:
Present Address:,
IPM REALTY RENTAL RESIDENCY APPLICATION
Dos:
Driver's License #
How long at Present Address: Current Rent:
Contact #:
Current Landlord:
Fax #,
Prior Address:
Reason for Moving:
Contact #:
How Long at Prior Address:
Reason for Moving:
Landlord:
Rent Payment:
Contact #:
Have you ever had an eviction? tyes, when?
Have you ever refused to pay rent?, Ever convicted of a Felony?
Current Employer:
Supervisor:
How Long at Employer:
Personal Reference:
Relationship:
Bank Reference:
Position:
Contact #:
Annual Income:
Contact #:
Checking: Yes or No Savings: Yes or No
Children Occupying Property:
Name:
Name:
Age Name: Age:
Age: Name: Age:Pets Occupying Property:
Name: Type/Breed: Weight: Color:
Name: Type/Breed: Weight: Color:
Name Type/Breed: Weight: Color.
Vehicles:
Model: Yr: License #: Color:
Model: Yr: License #: Color:
Landlord does not discriminate against any applicant on the basis of an illegal purpose including, race, color,
religion, sex, national origin, age, disability family status or sexual orientation. Such discrimination as the sole
basis of refusal to rent is illegal throughout the United States. Local or State laws may provide additional
protected classes from discrimination. You can call the U.S. Department of Housing and Urban Development
(HUD) at 1-800-424-8590 to ask questions about discrimination
| represent that the information provided in this Application is true and correct to the best of my knowledge.
| understand that this Application is not a rental agreement and that this Application does not create any
obligation on the Landlord,
| understand that the information provided might be used by Landlord to determine whether to accept this
Application. | authorize Landlord to verify all the information given in this application, including banking and
personal references and employment information provided.
also authorize Landlord to perform a credit check and a criminal history check. | consent to the
release of information relating to my credit and the information provided in this application.
‘Applicant Signature Printed name
Date850-304-2323
One Time Credit Card Payment Authorization Form
Sign and complete this form to authorize IPM Realty to make a one time debit to your credit
card listed below.
By signing this form you give us permission to debit your account for the amount indicated
on or after the indicated date. This is permission for a single transaction only, and does not
provide authorization for any additional unrelated debits or credits to your account.
Please complete the information below:
1 authorize IPM Realty to charge my credit card
(allname)
account indicated below for $35 + $3 processing fee on or after . This payment
is for Application Fee. (Date)
Billing Address Phones.
City, State, Zp Email
Oi MasterCard Olamex [1 Discover
Cardholder Name
‘Account Number
Expiration Date
Cwv2 (3 digit number on back of Visa/MC, 4 digits on front of AMEX) _
SIGNATURE DATE
| authorize the above named business to charge the creditcard indicated in this authorization form according to the terms outined
‘above, This payment authorization fs for the goods/services descrived above, forthe amount indicated above only, and is valid for
‘one time use only. certify that lam an authorized user ofthis creditcard and that | wl not dispute the payment with my creditcard
‘company; so long 2s the transaction corresponds to the terms indicted in ths form.