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Property Management Specialists, LLC
Of San Antonio, Texas
RENTAL APPLICATION SCREENING AND APPROVAL PROCESS
[Application Approval Requirements for Leaseholders*  *(The financially responsible party(ies)):]

Property Management Specialists, LLC. is committed to Equal Housing Opportunity and we
do not discriminate against anyone on the basis of Race, Color, Religion, Sex, Handicap,
Familial Status, National Origin or Age.  We offer application forms to everyone who requests one.
Review our Criteria for Rental and if you feel you qualify, please apply.  If you have any questions please ask.
 
INCOME VERIFICATION:

1.  Must earn a minimum of three times the rent in verifiable, gross
monthly income.

2.  Married couples or immediate family may combine incomes.

3. Your income must be verifiable through pay stubs, employer
contact, tax records and/or bank statements.

4. If you are self-employed, your income must be verifiable through
a CPA prepared financial statement or most recent tax returns or
bank statements.

5. Your employment history should reflect at least six months with
your current employer and/or six months with a previous employer.

6. Applicants who do not meet the above employment or income
requirements must submit a Savings Account statement showing a
minimum balance equal to 12 months of rental payments.

RENTAL HISTORY:

You are responsible for providing us with information, including the
name, address and phone numbers of Landlords with the dates of
tenancy for the previous 2-5 years.  

Rental history must be verifed from unbiased sources.  If your only
rental history is from a biased source (family, relatives, close
friends), your application may not be approved.
 
 
HOME OWNERSHIP:

Mortgage payment history will be considered.  If you owned rather
than rented your home during the previous 2-5 years, you will need
to furnish Mortgage Company references and/or proof of
ownership or transfer.
 

CREDIT REQUIREMENTS:

1. To determine satisfactory credit worthiness we obtain a report
from a credit-reporting agency.

2. Credit card records showing occasional late payments of no
more than 30 to 59 days may be acceptable, provided you can
justify the circumstances.

3. If you have credit problems, your application may possibly be
approved with a stipulation of additional application deposit.

4. Payments past due 60 days or more in the last 24 months may
be cause for refusal of application.

5. We must deny approval if you have filed for bankruptcy within
the past 24 months.

6. Any bankruptcy must have been discharged at least one year
previous to the date of your application.

7. Unpaid collections within the last 2 years may result in denial of
your application.

8. Outstanding debt to property management or a landlord will
result in denial of your application.
 
 
CRIMINAL BACKGROUND CHECK:

We do not rent to anyone with a felony or drug charge conviction
or any person required to register as a sexual offender.

Application Approval Requirements for Occupants:

All occupants must meet our Rental History and Criminal
Background Check requirements.
 

Pets:

1. Policies on pets vary from home to home. Please call the office
to determine the pet
policy for the home for which you are applying.

2. Dogs normally trained for attack purposes (Pit Bulls, Dobermans,
Rottweilers, Chows etc.) will not be accepted without proof of
Liability Insurance and property owner’s consent.

3. Pet policies are strictly enforced, and any breach will be grounds
for termination of your lease.

4. A pet deposit for each pet is required plus a separate written Pet
Agreement.
 
 
REASONS FOR DENIALS:

1. If you failed to give proper notice when vacating the property.

2. If previous landlord(s) would be unwilling to rent to you again for
reasons pertaining to the behavior of yourself, your pets, or others
allowed on the property during tenancy.

3. If you have had three or more late payments of rent within a 12
month period.

4. If you have an unpaid collection filed against you by a Property
Management Company.

5. If an unlawful detainer action or eviction has occurred within the
past six (6) years.

6. If you have received a current 3-day notice to vacate.

7. If you have had two (2) or more NSF checks within a 12 month
period.

8. If you have allowed person(s) not on the lease to reside on the
premises.

If misrepresentations are found after the lease agreement is
signed, the lease agreement will be terminated.
 

IDENTIFICATION:

All applicants must provide a copy of a current photo identification
with their completed application. (A drivers license or other
government issued photo identification card is
acceptable)

1. Applications are reviewed in the order in which we receive them.

2. All persons 18 years or older must submit an application with a
non-refundable $50 application fee. If applicants are married, to
each other,only one application and fee are required.

3. All applications must be filled out completely and signed.

4. If we are unable to verify your information, we must deny the
application.

5. A Cashier’s Check or Money Order is required for Application
Fee(s) and a separate one is required for the Application Deposit.
 
 
NOTE:  If we have multiple applications, they will be processed
according to receipt.  If the first applicant meets our approval
criteria, it will be accepted and the remaining applications will be
returned unprocessed.  However, if the first application is
questionable, we will then process the remaining applications in the
order that they were received.  We will then accept the application
that in our opinion is the best for our property owner.

Applicants are judged on the same standards, one person or family
at a time, on a “first come first served” basis.

We do not accept co-signers.

Once you are approved you will be notified by phone and we will
schedule an appointment for you to sign the lease.

All Leaseholders must sign the lease agreement.
 
Can We Hold a Property for You?

We can hold a property for a maximum of 15 days from approval of  
property becomes vacant which ever is later. However, complete
payment of the security deposit is required. Rent will be charged
beginning on the 16th day.

APPLICATION APPROVED?
ONCE YOUR APPLICATION HAS BEEN APPROVED,
FULL PAYMENT OF THE DEPOSIT IS REQUIRED
BEFORE THE PROPERTY IS REMOVED FROM THE
MARKET AND RESERVED FOR YOU.  PROPERTY
WILL CONTINUE TO BE SHOWN AND APPLICATIONS
RECEIVED UNTIL DEPOSIT HAS BEEN PAID!
 
PROPERTY MANAGEMENT SPECIALISTS, LLC.
OF SAN ANTONIO, TEXAS 78230
2819WOODCLIFFE DRIVE 204C
OFFICE:  210-979-7865  FAX:  210-979-0737  TOLL: 866-407-3406
E-MAIL:  
JIM@SARENTHOME.COM