PHOTO IDENTIFICATION - At the time you are shown a master suite home at Keystone Lake, all persons viewing the suite will be required to show valid photo identification. Acceptable identification includes a driver's license, passport, and/or state-issued photo identification card.
ADDITIONAL RESIDENTS WILL BE NAMED ON THE LEASE - Any resident who is not a dependent child or the person renting (the primary applicant or lessee) must be named on the lease.
INCOME - Total monthly household gross income (before taxes) must be at least three times the amount of the monthly suite rent.
You will be required to provide written proof from your employer to support the amount of income you claim on the rental application. If such proof is not available, we (the management) may accept as proof the pay stubs for at least six consecutive months of employment. Federal Income Tax Returns from prior year(s), and/or other proof deemed acceptable by the Properly Manager. A guarantor will not be accepted as a source of income whether supplemental or primary.
EMPLOYMENT - Applicants must provide proof of current employment. If you have changed employment in the past six months, you also will need to show a minimum of six consecutive months of verifiable employment with one employer in the past 12 months. Length of employment must be verified by either supervisory personnel or by the Human Resources Department of your current and past employers.
SELF-EMPLOYMENT / RETIREMENT - If you are self-employed or retired you must provide proof of income and/or you ability to pay rent for the term of the lease by furnishing copies of federal income tax returns filed for the past two years, a current certified financial statement, and/or photocopies of your three most recent bank statements.
CREDIT HISTORY - An extensive, negative credit history is grounds for the denial of application.
Negative credit history includes but is not limited to any of the following:
• any judgment not remedied and/or any foreclosure real estate not included in bankruptcy;
• more than two credit or installments accounts that have been past due for more than 90 days within the past 12 months;
• more than two accounts that are currently in collection; any open collection account from a utility, telephone service, or cable company.
• any repossession of material or personal property that is not being repaid, except when part of a bankruptcy, separation, or divorce;
• any suit pending or not remedied;
• any personal bankruptcy within the past five years that has not been discharged;
• more than three NSF (insufficient funds) checks within the past 12-month period.
Any misrepresentation, whether intentional or unintentional will be grounds for termination and end any subsequent lease agreement.
The absence of a credit file does not affect an applicant adversely; however, if you have no credit rating, you will be required to pay an additional security deposit of one month's rent in addition to the standard security deposit in effect for your requested suite size at the time you make application.
You must also meet the other criteria listed in this document.
RENTAL HISTORY - Any negative rental history is grounds for the denial of an application.
Negative rental history includes but is not limited to the following:
Any breach of a lease agreement that is unpaid unless you can provide documentation of proven negligence on the part of the management and/or owner of the property. This documentation must be acceptable to the management of Keystone Lake.
In keeping with our policy of confidentiality and privacy for our residents, we do not discuss individual credit reports with an applicant. If you would like to discuss or dispute anything in your credit report, you will need to contact the credit bureau that made the report. At your request, we will provide you with the name and address of that credit bureau. If you have any questions about this policy, please ask to speak to the Keystone Lake management.
Thank you for considering our community. We look forward to being of service to you.
Screening Criteria
RentalsKL@keystonelake.com