Remington * 27701 Detroit Road * Westlake, OH 44145 * (440) 899-9982 * fax (440) 899-9985
BH MANAGEMENT SERVICES, LLC * STATEMENT OF LEASING POLICIES
REVENUE MANAGEMENT COMMUNITIES
Household income must be at least two and one half (2.5) times the monthly market rent, or YieldStar base rent. If income qualifications cannot be met, a qualified Guarantor is acceptable (see below).
Applicants must present a valid government issued photo identification card for each person age eighteen-(18) years and older that will be living in the apartment home.
Applicant must be employed or provide proof of income. Each applicant must provide written proof of income such as check stubs (two (2) most recent required), offer letter, most recent year’s tax record or three most recent bank account statements within seventy-two (72) hours of completing an application. Attending school will be accepted as an alternative to being employed; therefore a student may obtain a qualified Guarantor if the income requirement is not met.
Due to legal limitations, it is not possible for us to insure your personal property. It will be necessary for you to obtain Apartment Renter’s coverage at your expense from a local insurance agent to cover any possible loss to your personal property. Remington requires a minimum of $100,000 personal liability coverage and needs to be listed as additional insured to ensure we are notified of cancellation, renewal, etc. We may provide you with information on an insurance program that we make available to residents, which provides you with an opportunity to buy renter’s insurance from a preferred company. However, you are free to contract for the required insurance with a provider of your choosing.
Credit History will be verified by a third party verification service. A complete credit history from a credit bureau is required. Income plus verified credit history will be entered into a scoring model to determine rental eligibility and security deposit levels. The following deposit requirements and concession stipulations will be applied based on scoring model recommendations:
Accept: Standard Deposit
Low Accept: Standard Deposit plus $200
Conditional: Standard Deposit plus $350
Refer: Standard deposit plus $350
Applicants without credit history must provide proof of employment (minimum of six (6) months). Applicants who are residents of foreign countries and do not have a social security number, must provide proof of foreign citizenship, written verification of employment, and proof of income (two (2) most recent paycheck stubs).
Our investigation includes criminal background screening. It is possible your application may be denied due to criminal convections or charges.
Occupancy limits will not exceed two (2) persons per apartment bedroom. Efficiency and studio apartments are considered one (1) bedroom’s for occupancy purposes.
Apartments with dens can accommodate one (1) additional person. People over the age of twelve (12) months old will be included in the occupancy number for the apartment.
Guarantors may be used for students with insufficient credit or applicants with insufficient income. A Guarantor must have income at least six (6) times the monthly market rent verifiable through tax returns, check stubs, etc.; score in the “Accept” category for credit history, minimum employment of one year, and must furnish all necessary information on leasing or mortgage history. If approved, the standard deposit will be accepted.
Animals must be at least six (6) months of age and must have proof of current vaccinations, proof of weight when full grown, and breed documentation. A maximum of two (2) pets are allowed per apartment and each applicant must provide a photograph of each pet. The following breeds and animal types are prohibited and will not be accepted: Dog breeds – Pit Bull Terriers, Chows, Doberman Pinschers, Rottweilers, Huskies, and any other breed generally considered aggressive or deemed aggressive by state or local officials; Other Prohibited Animals – Rodents and ferrets.
FAIR HOUSING STATEMENT
BH Management Services and the Owner are committed to compliance with all federal, state, and local fair housing laws. It is our policy to comply with all laws prohibiting discrimination, including those that prohibit discrimination based on race, color, religion, national origin, sex, familial status, or disability, and any other local laws protecting specific classes.
BH Management Services and the Owner are committed to compliance with the Americans with Disabilities Act by allowing the modification of existing premises for reasonable accommodations at the expense of the disabled person, if the disabled person agrees to restore the premises at their own expense to the pre-modified condition provided the modification would not affect the use and enjoyment of the premises for future residents.
RENTAL RATES AND LEASE TERMS
Original rental rate quotes will be honored for two (2) business days. The rental rate quoted is associated with the apartment’s availability at the time of your quote, move-in date, and lease term requested. Any revisions or changes to the time of the quote, your move-in date, or lease term requested. Any revisions or changes to the time of the quote, your move-in date, or lease term may require a revised quote which may result in a different monthly rental rate.