Rental Criteria
Items you must provide:
- Completed tenant application(s). One application must be completed for each person 18 years or older who will be living in the household. Missing information will result in delays.
- Application fee of $35 per person and is non-refundable.
- A legible copy of driver’s license or approved photo ID.
- Proof of employment in the least form of a recent pay stub. If you are self-employed you will need to provide a copy of the prior year’s tax return and three recent bank statements.
Income:
Income must be at least two and a half times the monthly rent amount. Married couples and residents over 18 may combine income. KV Ironwood, LLC reserves the right to process multiple applications at the same time. *Someone who does not meet the income requirement (such as a student) will require a co-signer. The co-signer must meet all qualifying criteria.
Rental History:
Your previous residences must be free of evictions, judgments or unpaid rent for the past 3 years unless it has been satisfied. Owning your previous residence can take place of rental history. Previous occupancy must be verifiable.
Credit and Background:
All occupants 18 years of age or older must complete an application. A credit, background and criminal history report will be processed for each applicant. Credit score will be considered and a cosigner may be required in certain circumstances. Please note that having a cosigner does not guarantee approval. Applicants with a credit score below minimum requirements will be declined. An applicant will be automatically declined for the following: 1. Any felony conviction less than 10 years old. 2. Any felony conviction, where the date of sentence completion or parole completion, is less than 7 years old. 3. Any offense requiring registration as a sex offender. *Applicant may be required to provide documentation showing date of sentence completion or parole completion.
Pets:
Pet policies are strictly enforced. Pet deposits are required and will be held until termination of the lease and evidence that there are no damages of any kind to the property or common areas. Puppies and kittens are not allowed; pets must be at least 1 year old. Exotic animals, including but not limited to: rabbits, rodents and reptiles, are not permitted.
* Service and support animals are not considered pets and do not require an additional deposit. However, they still must be disclosed and verified. Please let us know if you have a service or support animal, and we will provide you with the necessary verification forms to complete.
Automatic Decline:
Applicants will be automatically declined for the following: open bankruptcy, unpaid rent, invalid Social Security Number, falsified application, felony conviction (see Credit and Background section), or failure to pay application fee.
Application Approval:
Depending on the timely response of references, your application will be processed within 3 business days. Prospective tenants are accepting property in "as is" condition. Once approved, all deposits must be paid and a lease agreement signed within 48 hours of approval.
Smoking:
Not allowed.