Application form: Clients must fill out an initial application before viewing properties. A secondary application is then required when applying for an apartment.
Identification: A valid driver’s license or passport is the second piece of information necessary.
Pay stubs: A copy of your three most recent pay stubs is necessary in order to prove that you are currently working.
Bank statements: Your three most recent statements from your checking account, savings account or any financial institution (may include investment portfolios).
Tax return: A copy of your tax form is necessary to prove your overall income.
Letter of employment: Depending on the situation this document may be used in place of or in addition to the other necessary documents. (E.g. When starting a new job, getting a new position…etc.). Note that this must be an official letter and must state your position, start date, and salary.
Landlord reference: Either a recommendation letter or contact for your most recent landlord is necessary in order to verify your rental history. Have multiple references when applicable.
References: Either recommendation letters or contacts for references may be necessary. It is usually wise to have friends, coworkers, or employers, that are prepared to vouch for your good character.
A “Guarantor” is someone who will guarantee the fulfillment of all terms of the lease agreement.
You may need a guarantor if you do not meet the necessary requirements of the application. (E.g. you may have low income, poor credit, or be a student…etc.) If you realize that you may not meet the necessary requirements, it is best that you inform your agent of the situation so that we may advise you on how to take the necessary steps to put together the strongest application possible.
If you do need a guarantor, it is best that they understand their duties and responsibilities before reaching the processing stage. They must provide sufficient documentation that shows that they would be financially capable of backing your lease. It may be preferred or required that the guarantor live in the Tri-State area.
Many landlords require a “Pet Deposit” in order for you to be allowed to have a pet in the apartment. A pet deposit is a deposit given in addition to the security deposit. The purpose of this is to ensure that proper care of the premises is taken and may reassure landlords that are weary of renting to you.