Rental Application Instructions

 

and Requirements

 

 

Thank you for choosing Top Rentals for the rental of your next home. The information below is provided to give an understanding of our qualifying procedure. All the items below are necessary to assure the proper review of your application.   The below qualification are non-negotiable.  Please remember, incomplete applications will not be processed and applications fees are non-refundable.  Please make sure that all the information that you submit is complete and accurate, as changes cannot be made once submitted. 

 

Georgia's forgery laws prohibit making or possessing documents that purport to be something they are not. Georgia law punishes some forgeries more severely than others, but even the least serious forgery crimes can result in significant criminal penalties to include fines, jail time, or both.  Under Georgia law, forgery is classified as first, second, third, or fourth degree forgery. Submitting false or altered paystubs, bank statement, credit card statements, identification, checks, court documents, income tax statement, W-9 forms, 1099 forms, and landlord history is a serious crime. Top Rentals takes a serious stand against forged documents.

 

Application: A signed and fully completed application for each adult over the age of 18. Please also include a CLEAR copy of a photo ID for each applicant. Your ID must not be expired and show your current place of residence.  Please make sure that all the information on your application is correct.  You will not be able to make changes once it has been submitted.


 

Application Fee: Application fee of $35 per adult. Applications must be completed for all  individuals 18 years of age or older who will be living in the property at any time.   APPLICATIONS WILL NOT BE PROCESSED UNTIL THE FEE IS RECEIVED.  Application fees are non-refundable.


 

Payment: CLICK HERE to pay your application fee online or by Certified Check/Money Orders only and made payable to Top Rentals. No cash or personal checks will be accepted.  Application will not be processed until the fee is received.  


 

Evictions: Applicant must not owe any current or former landlords, or any apartment communities any amount of money.  No exceptions.


 

Bankruptcy/Foreclosure/Short Sales: We cannot enter into a lease with individuals with a non-discharged bankruptcy filing.  The applicant must be discharged from any bankruptcy for more than 3 years. Any applicant currently in short sale or foreclosure will not be considered.  Any applicant who has previously completed a short sale or foreclosure must have done so over one year ago.

 
 

Employment/Income: Applicant's income must be at least three (3) times the property rental rate and applicant must have been employed at their current company for at least 6 months. Job transfers must be within the SAME company.  No new hire situations. Applicant(s) must supply Top Rentals with proof of employment and income with the application. Acceptable verification would be:
-- Four current pay stubs showing year-to-date earnings.
-- For a job transfer, written employment verification on employer letterhead, signed by an authorized company representative or human resources representative stating position, length of employment, salary and start date.(Only accepted in cases of a job transfer), plus 4 paystubs.
-- Self Employed applicants will be required to provide copies of the 2 most recent previous years signed and filed tax returns.
-- For income received from other sources other than employment (such as alimony(court ordered), child support(court ordered), disability income, retirement, etc.) official recent written documentation must be provided.  Any funds received from being enrolled in school cannot be used as income towards qualifying.  

--Bank statements, 1099's, or W2's may NOT be used to prove income.


 

Credit: We obtain and review credit reports ordered through one or more consumer credit reporting agencies. Additionally, we receive information from eviction databases. Any applicant that applies with no credit history, will be required to pay an additional deposit. Any unsatisfactory findings may result in the requirement of an additional deposit or application denial.


 

Rental History and Credit: We rely greatly on landlord verified, successful rental history. We require 12 months of successful rental history with no more than 2 late rental payments in that time period.  Rental history from a family member, friend, or co-worker will not be accepted.  We require proof of the previous 6 months of landlord rental payments only if you leases through a private landlord. This must be in the form of cancelled checks or money order receipts.  While an applicant's credit score is not the deciding factor, it is highly considered along with their track record in meeting their credit obligations. An applicant with a high number of accounts for which there is an outstanding balance, or accounts which are in collections will be less likely considered than one who does not have such a high number of lines of credit or accounts which are outstanding or in collection. Please note that all Tenants are required to obtain a renter's insurance policy. Any unsatisfactory findings may result in the requirement of an additional deposit or application denial.


 

Lease Terms and Deposit: Top Rentals utilizes a written lease form provided by the Georgia Association of Realtors. All available homes are leased for a minimum of 12 months. Longer/shorter lease terms may be available upon the approval of the property owner. Co-signers are not allowed. Upon approval of a rental application, the applicant must submit a non-refundable deposit. Prior to move in, the first month rent, security deposit, and pet deposit, if any, must be paid. Hold fees cannot be paid by installments and are non-refundable. 


 

Viewing: All applicants must have completed a viewing of the property with an agent before an application will be accepted. We will not process an application where the applicant has not viewed the home.  Applicant understands and agrees the properties are rented in "AS-IS" condition before an application can be accepted, except where there is prior written agreement from the leasing manager. 


 

All funds must be in the form of Certified Funds/Money Order made payable to: Top Rentals Property Management


 

 

Due upon approval: Holding Fee

Due at Lease signing: One Full Month's Rent, Pet Fee
Any prorated rent will be due the 1
st of the month following move-in

   

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