The applicant represents to the landlord that the application has been completed in full and all the information provided for
herein is true, accurate, and complete to the best of the applicant’s knowledge, and further, agrees that any such information that
is not as represented, or if the application is incomplete, the applicant may, at the landlords sole discretion, be disqualified.
Applicant hereby authorizes Cedar One Properties, LTD employees, agents, or representativesto verify all of the information in
this application by making any and all inquiries necessary to verify the information provided herein and obtain credit reports on
the above listed applicant and/or applicants. Cedar One Properties, LTD. may contact employers, landlords, neighbors, police,
government agencies, and any and all other sources of information which may be deemed necessary and appropriate within our
sole discretion. If applicant or applicant’s spouse has given any false information the Landlord is entitled to reject the
application, and retain all application fees as liquidated damages for Landlord’s time and expenses in processing this
application. Applicant shall give Landlord a nonrefundable application fee in the amount of $ 30.00 per adult.
Landlord is not liable to the applicant, his heirs, executors, administrators, or assigns for any damages of any kind, actual or consequential by reason of the verification by the landlord of the information provided by the applicant, and applicant hereby releases the landlord, his agent, employees and representatives from any and all actions. The causes of action of any kind or nature that may arise by virtue of the execution or implementation of the agreement provided here in.
The applicant, once approved, must obtain renters insurance.
The applicant has 24 hours from the time of approval to fulfill the rental agreement by producing all monies required
and signing all rental agreement papers. If applicant fails to perform within 24 hours of landlord’s approval, applicant
may be disqualified, and landlord may rent this home to the next qualified applicant.
Once the applicant is approved
and a Holding Deposit is paid, applicant has 72 hours to cancel before Holding Deposit is forfeited and becomes non-refundable.
Cedar One Properties, LTD. requires standards for qualifying to rent an available property are the following:
- Your net monthly income must equal approximately 3 times or more the monthly rent
- Credit history with no rental or large judgments
- Be able to furnish acceptable proof of the required income
- Good references, housekeeping, and property maintenance from previous landlords
- Limit the number of occupants to 2 per bedroom
- Compensating factors can include additional requirements, such as double deposit or rent paid in advance for applicants that fall short of the above criteria
- No felonies and no misdemeanors involving sex, drugs, or violence.