Application Rules

Application Requirements:

Credit, Income, Background Check and Rental History (No Exceptions)

All properties are in as is cosmetic condition unless otherwise specifically stated.

1. YOU MUST APPLY AND BE APPROVED BEFORE VIEWING THE HOME IN PERSON!
2. Application Non-Refundable Fee is $75 which can be for up to 2 people at a time. Each person will need their own email address.
3. Everyone over the age of 19 MUST apply if they will be living in the house. They will have a background check only. We will not accept felonies, theft and drug charges.
4. Make 3 times the rent in monthly income (can be a household income). Proof must be given. Employment verification will also be done.
5. No bankruptcy in past year.
6. Have either zero credit at all or at least a 570 credit score (primary applicant only) through EQUIFAX.
7. NO evictions in the past 5 years.
8. One Year Rental History or Mortgage History requested. 
9. No more than 3 late payments with current property manager and no major damages to the property.

• PETS: ask property manager if pets are allowed for the property of interest. The property could be a one time $200 deposit per pet or $25/mo per pet. 
• No need to pass the credit check if you are able to pay the full years rent upfront however you must still pass the background check and age requirement.
• Section 8 accepted on advertised properties only. 
• We will not take a home off the market without a hold fee/security deposit. Whomever gets the deposit to us first, gets the property.

You'll need: 

• 1 Month's Worth of Proof of income (ie..paystubs, social security statement, child support)
• Drivers license(s)
• 1 months bank statements 

Once You're Approved: 

1. A Hold Fee will be charged equal to one month's rent. This will hold the property for you no more than 30 days from the available date. However it is NON-REFUNDABLE IF YOU DO NOT MOVE INTO THE PROPERTY. Once you occupy the home, the hold fee becomes the security deposit. 

2. Your application can be applied to any other property within 6 months of approval.

3. We will do a move in inspection and email you all the pictures. 

4. You must turn on Utilities in YOUR name for the date of move in (unless otherwise advertised). Otherwise any bills received by Pinnacle Realty during your occupancy will be added to your ledger.

5. Arrange key exchange for the start of your lease.

6. Prorated Rent for the day you move in.

7. $200 administration fee is due at move in.

8. Rent is due the 1st-5th of every month with a 10% late fee on the 6th (if not paid by the 5th).