We are delighted that you are interested in leasing a home in our community. In order to help you in making your decision, we have listed below the criteria for qualifying as a resident with us.

• A separate rental application must be fully completed,dated and signed by each applicant and all occupants 18 years of age or older. Multiple adults applying for the same unit will be screened together. However, with the exception of income (which is combined for all applicants), each applicant must fully meet each of the rental criteria.All applications are subject to approval through an outside Application Processing Agency: CoreLogic. All information obtained is kept confidential and a copy of our privacy policy is available to you upon request. Approval,approval with conditions and denial are based on a review of the following criteria:
• Availability Policy - Apartments become available to pre-lease when the current resident submits a written notice of intent to vacate. Apartments that are vacant but have an application pending for rental or have an approved application on record will not be considered as available.
• Age Requirement - Lease Holder(s) must be 18 years of age or older. All occupants 18 years of age or older will be required to complete an application and pass the Criminal and Rental Credit reports.
• Renter's Insurance Requirement - We require you to purchase and maintain personal liability insurance covering you, your occupants and guests, for personal injury and property damage you cause to third parties (including damage to our property), in a minimum policy coverage amount of $100,000. Failure to maintain said insurance shall be cause for a default to exist pursuant to the terms of the lease. You may choose your preferred insurance company.
• Identification – For your protection, each applicant must provide a valid government-issued identification and allow it to be photocopied.
• Occupancy Standard - The occupancy standard is two persons per bedroom, plus one additional person per unit. If the addition of a minor to the household, through birth, adoption, custody change, guardianship, or other circumstances causes the household to be over-occupied, the household may remain in the current unit through the end of their lease or 6 months, whichever is longer. At the end of that period, the household must move to a larger unit, if one is available or off the property.
• Animals - Each community has specific restrictions regarding the type, age and size of pets that may be accepted, if any. Upon request, you will be provided a copy of these restrictions. Any breed deemed aggressive by state or local officials will not be accepted. All pets are subject to management written approval and community policy.
• Assistive / Service animals for the disabled are exempted from these restrictions but still require a written animal addendum be completed, all fees and deposits are waived. Assistive /Service animals must be maintained in a peaceful and orderly manner at all times.

• Income Requirements / Verification - Income history must be reasonably verifiable. Income must be legal and verifiable.  Total combined gross monthly income of all applicants must be three (3) times the amount of the monthly market rent.  All applicants are required to have a minimum of One (1)years continuous employment history. If you have recently changed employers or relocated to the area your most recent employment history may be used. Applicants will be required to show proof of at least Four(4) consecutive weeks of legal income. Acceptable proof of income includes, but is not limited to: pay stubs and other verification from employer; previous year’s tax returns and bank statements; investment income statements, proof of receipt of retirement, social security, disability, welfare, child or spousal support or any other legal income.
• •Student applicants attending college will be accepted as an alternative to being employed; therefore a student may obtain a qualified guarantor.
• The only exception to these requirements would be if the base salary were verifiable by other means and the applicant qualified with the base salary alone.

• Rental / Mortgage History - Rental / Mortgage History must be verifiable (rental history reports are obtained). All addresses on Rental Application and Credit report are verified. Verification is obtained in writing, with non-related independent third (3rd) party.

            The applicant(s) must have at least 9 (nine) month’s' positive rental /                  mortgage history.
            Positive history includes timely payments, fulfillment of terms, and                   adherence to the lease agreement.
            Poor rental history includes more than Two (2) late payments and/ or more                   than One (1) eviction proceeding started or completed in a 9 (nine)                   month period. Refer to "applicants may be denied occupancy."

• Any breach of lease agreement will be denied, unless documentation of proven negligence on the part of the Management and/or the Owner(s)of the property is provided. Breach of lease is defined as any monetary or non-monetary violation of the lease agreement and any evictions for rental/mortgage payments and/or damages.

• Credit History - Credit history reports are obtained. The entire credit history will be reviewed for all applicants (individual, married, and roommates). Must have acceptable credit history. (Medical & student loan accounts are considered exempt.)

• Lexington Asset Management uses an empirically derived, statistically sound, credit scoring system to evaluate your consumer credit report. Credit scoring is based on real data and statistics, so it treats all applicants objectively. Your consumer credit report contains information about you and your credit experiences, such as your bill-payment history, the number and type of accounts that you have late payments, collection actions, outstanding debt, and the age of your accounts.

            The previous Two (2) years credit history may not include any P&L items             (write-off), collections, repossessions, bankruptcy (filing or             discharged),foreclosures or unpaid debts to Utility companies.

• Check Writing - Check writing history reports are obtained via rental history, credit report & Telecheck. Positive verification of check writing authorization or no checks will be accepted.

            Two (2) returned checks reported during rental history verification, will             require certified payments (money orders or cashier checks) during             residency.

• Criminal History - It is our policy to request a criminal history report on all applicants.

           Applicants may be denied occupancy for the following reasons:
            Falsification of application by any applicant;
            Incomplete application by any applicant;
            Insufficient income;
            Unverifiable income;
            More than 1 Eviction proceedings started;
            Poor Rental History (as described above);
            Criminal History (as described above);
            Poor Credit History (as described above);
            Denied by Screening One;
                  There is an automatic disqualification for evictions, broken leases and/or                   collections/debts to landlords that haven't been satisfied.

• Exception for Approval / Lease Guarantee - A Lease Guarantee will not be accepted for poor rental history, previous unpaid evictions, illegally broken leases, collections / debts to landlords; or applicants that do not meet our criminal background standards. No exceptions should be made under any circumstance in order for us to comply with Federal Fair Housing legislation and to avoid discriminatory practices.

In the case of one of the following, you may qualify by having the lease guaranteed by a guarantor, by agreeing to the payment of prepaid rent and/or by paying an additional security deposit. (Additional Security Deposit is to be retained until move-out).
      If we are unable to verify information
      You are a first time renter
      Unable to verify Rental History
      Have no established credit history
      Credit Bureau Alerts & Flags

• If the eviction, broken lease and/or collections / debts to landlords is paid in full and you have positive rental history since, you may be considered after fully passing all other criteria. (Refer to Rental & Credit History).

If you are marginal in any area of criteria with the exception of Criminal History.
In the case of a paid or settled illegally broken lease or eviction, you may qualify by having the lease guaranteed by agreeing to pay an additional security deposit.       (Additional Security Deposit is to be retained until move-out).

Guarantors - Guarantors must have a gross monthly income at least 5 (five) times the entire monthly market rent and must fully meet all other qualifications as outlined above.
      The guarantor must complete and sign a lease guaranty agreement. Guarantors       must be aware that they are guaranteeing the entire Lease agreement regardless       of the number of persons listed on the lease agreement.

An authorized Corporate Representative must approve, in writing all Exceptions for Approval / Lease Guarantee and any situation, which is not contained in the above guidelines and exceptions.

Company policy prohibits employees from showing apartments 30 minutes before dark and showing apartments that are not marketable. A valid photo I. D. is required in order to tour an apartment.

Fair Housing Policy - Lexington Asset Management is absolutely committed to compliance with fair housing laws.

• Lexington Asset Management does not discriminate on the basis of race, color, religion, sex, national origin, ancestry,familial status, marital status, physical or mental handicap,disability, military status, unfavorable discharge from military service, sexual orientation, gender identity, source of income, age, gender, gender expression, genetic information, medical condition or any arbitrary basis.

This Resident Criteria is a guideline, which enables us to accept as prospective residents those individuals who are creditworthy and do not have a criminal background. This rental Criteria does not ensure that all individuals residing on or visiting the community conform to these guidelines.

Acknowledgement - Our decisions are based on the information provided by Screening One, or by any third party as part of the application and verification process at the time of application. We are not responsible for inaccurate information obtained.

• By signing below, I (we) acknowledge that I (we) have had the opportunity to review Lexington Asset Management statement of rental qualifications, which includes reasons my (our) application may be denied such as criminal history, credit history, current income, and rental history. I (we) understand that if I (we) do not meet the statement of rental qualifications my (our) application may be approved with a Lease Guarantee or denied. I (we) understand that if I (we) do not meet the statement of rental qualifications, or if I (we) fail to answer any question or give false information, the property may reject the application, retain all application fees, administrative fees, and any other prepaid amounts as liquidated damages for its time and expense and terminate my (our) right of occupancy. Further, the property may retain all application fees, administrative fees, or other prepaid amounts as liquidated damages for its time and expense in the event the applicant cancels the application after the review process has begun.
• Background checks may or may not include community and/or third-party contact with current and/or prior landlord(s), employer(s), and credit reporting agencies, state and local law enforcement agencies, and personal references. Inquiries may include information regarding applicant's character, general reputation, personal characteristics, and mode of living, credit report and criminal background. I (we) authorized management to obtain all such report(s) for verification purposes, and should any information provided by deemed to be false, in accurate or incomplete, the application will be denied. Furthermore, if approval was granted and a lease entered into, that subsequent notification of said falsification shall be cause for a default to exist to the lease, as in the case of any other default.