Our
practice is to enter into a rental agreement with the first
acceptable applicant(s) for a particular apartment. The
application and acceptance process is as follows:
-
At
least one applicant or representative must view the
apartment for which they are applying.
-
The application form(s) must be completed and returned
to the rental office with the required earnest money
deposit.
-
We will then check the applicant(s) credit history through
TransUnion LLC. If the applicant has no credit history
or an unacceptable credit history a credit worthy cosigner
for each applicant may be required. We will require
cosigners for any apartment with rent of $1,300.00 or
more per month.
-
We will check housing references. If the applicant(s)
has no available housing references or an unfavorable
housing reference, we may still consider the application(s),
but a credit worthy cosigner for each applicant will
be required.
-
The
cosigner application(s) must be completed and returned
to the office within three days. (We encourage the
use of fax transmittals.) We will then check the credit
history of the cosigner(s) with TransUnion LLC.
-
If the applicant(s) and cosigner(s) have been approved,
the applicant(s) will be notified of our acceptance
and the apartment will be taken off the market. Please
note: Acceptance of your application creates a binding
contract to enter into a rental agreement. Your failure
to do so may result in substantial losses and other
damages for which you may be held liable.
After
the acceptance notification, the lease agreement will be
drafted and sent to the applicant(s) together with other
associated documents. The lease and the other documents
must be returned within the time limit specified in the
acceptance letter. If the lease agreement is not returned
within the time limit required, we may rent the apartment
to the next acceptable applicant(s).
If
you have any further questions regarding the above process,
please contact one of our rental agents at any CHT Apartment
Rentals, LLC office. |
