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QUALIFICATIONS

It is the policy of Flowers Properties LLC. to thoroughly investigate all individuals applying for residency. Each individual applicant must meet requirements to be approved.

A co-signer may be requested at the company’s discretion if the applicant is a full time student or a recently independent individual. The co-signer must be in good standing with his or her credit, must demonstrate a stable employment history and must have available assets in the state of Alabama.

All applications are processed through a professional credit bureau service. Our ability to process your application in a timely manner is dependent upon the thoroughness and accuracy of your responses. We will then inform you of the acceptance or refusal of your application. ALL QUESTIONS REGARDING YOUR CREDIT HISTORY SHOULD BE DIRECTED TO THE CREDIT BUREAU. Do not discuss your credit history with the office staff.

ALL APPLICANTS WILL BE APPROVED ON THE FOLLOWING CRITERIA A RENTAL APPLICATION MUST BE PROCESSED ON ALL PROSPECTIVE RESIDENTS 19 YEARS OR OLDER (THIS EXCEPTION WOULD BE AN INDIVIDUAL LIVING WITH A PARENT, GUARDIAN OR THEIR DESIGNEE).

1. INCOME: Gross income per apartment must be three times the amount of rent. If not verifiable by employer, we require the past 6 months of bank statements or certification from bank that the account maintains a minimum average monthly balance of three times the rental amount.

2. EMPLOYMENT: A prospect must have verifiable current employment and six months employment history or a verifiable source of income. School will be accepted as an alternative to employment history provided it can be verified.

3. CREDIT: All applicants must provide a valid social security number. Applicants who are not permitted to have a social security number will have to supply satisfactory alternative identification. For example, a valid foreign passport or 1- 10 form. A credit report will be processed on each applicant. Applicants for whom negative credit information is reported for more than 20% of current accounts will not meet credit requirements. A “current account” is an account that is currently open or a closed account that has had activity within the past two years. Medical accounts are not considered.

4. RESIDENCY/RENTAL HISTORY: One year verifiable residency on current/previous address with at least 12 months rental or home ownership history. If rental history is from a private owner, a copy of the rental agreement and 12 of the most recent rent receipts payable to owner must be supplied.

5. AN APPLICANT WILL AUTOMATICALLY BE DENIED FOR THE FOLLOWING REASONS:

a) Having unresolved debts to a current/previous landlord/mortgagor and/or non-compliance with any terms of the lease/contract and/or community policies.
b) Having been evicted or currently in the process of being evicted by a landlord for cause.
c) Having foreclosure in the past 12 months.
d) Bankruptcy has been filed, or is currently under consideration, and no final order or discharge has been entered.
e) Any information on the rental application is not true.

6. AGE: Applicants must be at least 19 years of age.

7. OCCUPANCY: Maximum number of occupants per apartment will be 2 occupants per bedroom. If for any reason the number of occupants exceeds the maximum number for that floor plan, residents will have a maximum of 90 days to transfer to the appropriate floor plan to comply with our occupancy limits.

8. RENT: All rent, deposits and fees must be paid by check, money order or cashier’s check. If the deposit check is returned by the bank, application will automatically be denied. In addition residents have the ability to pay rent online.

If some criteria not met may be able to qualify on a case by case basis.