Guidelines For Rental Property Application Process

The rental application process is the first step towards settling into a new rental home. This is important for tenants to rent a property of their choice through a proper procedure. The information gathered in the rental application will help the tenants to prove their eligibility for the desired property.

Understanding the rental application process and knowing which personal/financial documents need to be provided may save time when applying for a rental property.

A guide on what is a rental application process and what to expect from it has been provided below:

1)  Important Things That Tenants Should Consider:

  • Each tenant, who is over 18 years of age and will be staying at the rental property is required to fill the application. The application fee is to be submitted by each applicant and it may be non-refundable.
  • Tenants are required to list all the minors who will be living in the rental home. There will be no application fee for children below 18 years of age.
  • Tenants must inquire about the status of the home before submitting the application.
  • Applications may take a few business days to process. The rental agent will contact the potential tenant once the application has been processed.
  • Tenants should make sure to submit the application at the earliest to consider renting a property of their choice.
2)  Signing The Rental Application: By signing the rental application, the tenant agrees to the tenant selection criteria. These criteria may include factors such as criminal history, credit history, current income, and rental history for verification. The tenant represents and acknowledges that the statements in the application are true and complete. If the tenant provides incomplete or inaccurate information, the application may stand rejected.

3)  Release Of Information By The Tenant: The tenant on signing the rental application agrees to release information about his employment and rental history, mortgage, account information, personal information, credit report, etc.

The agents at REAL Star Property Management, LLC assists customers throughout the rental application process. For further details on guidelines for the rental application process, visit 3901 E Stan Schlueter Lp, Ste 100, Killeen, TX – 76542. You can also call at (254) 693 - 7850.