We prefer applicants have a combined gross income of at least three (3) times the monthly rent. Incomes must be verified in writing, applicants may provide recent pay stubs. A minimum of two years of residential history is required. Rental history must be rated satisfactory or better and with no record of evictions. We reserve the right to require a co-signer and/or a higher security deposit. Co-signers are accepted at our sole discretion and must meet all requirements including residence in Maryland.
Self-employed applicants may be required to produce upon request, signed income tax returns or IRS 1099 forms for the past two years. Non-employed applicants must provide proof of income.
Credit history and/or Civil Court Records must not contain slow pays, judgments, eviction filings, collections, liens or bankruptcy within the past three (3) years. We will provide you the name of the credit reporting agency so you may receive a copy from the credit bureau. All information collected for the approval or denial of this application is considered confidential in nature and for company use only.
If you have been convicted of a felony within the past seven (7) years, this is cause for rejection. The applicant must not have a felony record that was adjudicated guilty or had adjudication withheld for the past seven (7) years, or any conviction of any length of time for any drug, sex, murder or arson related crime.
Valid current photo ID documentation is required (Driver's License, Military or State ID).
Rental history reports from previous landlords must reflect timely payment, sufficient notice of intent to vacate, no complaints regarding noise, disturbances or illegal activities, no NSF checks and failure to leave the property clean and without damage when you terminated the lease.
Current occupancy standards are a maximum of 2 persons per bedroom, except for children under four (4) years of age. However, some city and county municipalities and/or homeowners associations prohibit more than 2 unrelated adults to reside in a single family dwelling unit. Consequently, WEICHERT, REALTORS® - New Colony also prohibits the rental of a single family dwelling unit to more than 2 unrelated adults.
No pets (with the exception of medically necessary ones) of any kind are permitted without the specific written permission of WEICHERT, REALTORS® - New Colony in the lease, and an additional non-refundable pet application fee of $300 per pet. Some properties may require higher pet fees or higher rent amounts. If a higher pet fee or rent is required, you will be notified at the time of application. Under no circumstances will the following pets be accepted: CHOWS, DOBERMANS, GERMAN SHEPHERDS, PIT BULLS OR ROTWEILLERS.
Security Deposits are for faithful performance by tenants of all terms, covenants and conditions of the lease agreement. Tenants may not dictate that the security deposit be used for any rent due. Unless claimed due to a breach of the lease or damages, the security deposit is refundable when the property is vacated at the end of the lease term.
Any exceptions to these criteria must be submitted in writing to WEICHERT, REALTORS® - New Colony for consideration. If approval is given for such exceptions, additional security deposit, higher rent and/or co-signers may be required.
Rents quoted are the rental amounts due if paid timely (on or before the first of each month before 5PM). Otherwise the rental due will increase by $50 for that month and possibly higher if the rent is severely delinquent.
Keys will be released on the first day of occupancy as stated in the lease. Requests for keys at an earlier date are subject to the approval of WEICHERT, REALTORS® - New Colony and must be accompanied with the pro-rated rent due.