What are the Rental Requirements / Qualifications?
Each rental has a basic set of Requirements and/or Qualifications established by our Property Management Guidelines/Policies. Additionally, each home also has a subset of Requirements and/or Qualifications established by the Property Owner. Both sets combine to establish the homes overall Requirements and Qualifications. In cases where policies overlap, the more restrictive polic(y/ies) supersede.
Rental Application Basic Qualifications/Requirements/Restrictions are:
- Minimum Income/Rent: > 3x
- Minimum Income/Obligations: > 2x
- Property Capacity: Master Bedroom (Primary + Secondary Applicant) + Additional Bedrooms for Dependents (<= 2 per room).
Ex. 3 Bedroom (Master + 2 Bedrooms): Master: Single/Double Guardian/Parent(s) (1-2) + 2 Bedrooms: 1-4 Dependent(s).
NOTE: Applicant(s) must be able to enter into a valid legal contract/lease. - Parking Capacity: Single Car Garage (1), Double Car Garage (2), or Triple Car Garage (3), + Driveway Allowance.
NOTE: Driveway parking must NOT breach sidewalk or cause safety issues.
Ad-Hoc Allowances:
Determined by Property Owner
- Pet(s) – Size and Limit ranges from None to Small with a few exceptions; based on per home, per pet.
Ex. Deposit ($250, non-refundable) and an additional minimal monthly fee ($10). - Terms: Mth to Mth, 1 Year, 2 Years
Rental Application Disqualification(s):
- Bad Credit Report
- Bankruptcies within 120 months
- Criminal Report
- Evictions
Disqualifications may be due to 1 or more items (but not limited to). All items are subject to change and are for illustrative purposes only.
HOA Guidelines/Rules Supersede, with Colorado/Federal Law Superseding HOA.