Rental Criteria

Jeff Rhoades, Property Management Department
4772 N. Lombard, Portland, Oregon 97203
503-285-4670
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I. OCCUPANCY POLICY

1. Occupancy is based on the number of bedrooms in a unit. (A bedroom is defined as a space within the premises that is used primarily for sleeping, with at least one window and a closet for clothing).

2. Two persons are allowed per bedroom.

3. Exceptions are made for children under age two. Children under age two are allowed as a third occupant when the child resides with the parent or other adult(s) maintaining proper legal custody.

II. APPLICATION PROCESS

Steps to become a resident at a standard property.

1. Select your rental unit.

2. Complete the application on the designated form.

3. Pay your non-refundable credit/screening fee of $35.00 dollars.

4. Once you have been approved, you will be required to pay the minimum refundable security deposit.

5. Be prepared to wait two business days for the information on your application to be verified.

6. Once the application is approved and signed by both parties, any and all advance deposits will be applied to non-refundable fees. You are encouraged to read the rental agreement at the time of application.

III. DISABLED ACCESSIBILITY

STANDARD allows existing premises to be modified at the full expense of the disabled person, if the disabled person agrees to restore the premises to the pre-modified condition. STANDARD requires:

1. Written approval from the landlord before modifications are made.

2. Written assurances that the work will be performed in a professional manner.

3. Written proposals detailing the extent of the work to be done.

4. Documents identifying the names and qualifications of the contractors to be used.

5. All appropriate building permits and required licenses made available for landlord inspection.

IV.GENERAL REQUIREMENTS

1. Positive identification with a picture will be required.

2. A complete and accurate application listing the current and at least one previous rental reference with phone numbers will be required (incomplete applications will be returned to the applicant).

3. Each applicant will be required (incomplete applications will be returned to the applicant).

4. Applicants must be able to enter a legal and binding contract.

5. Incomplete, inaccurate of falsified information will be grounds to denial.

6. Any applicant currently using illegal drugs or reporting a conviction for the illegal manufacture or distribution of a controlled substance shall be denied.

7. Any individual who may constitute a direct threat to the health and safety of an individual, the complex, or the property of others, will be denied.

V. INCOME REQUIREMENTS:

1. Monthly income should equal 3 times the stated monthly rent.

2. A current paycheck stub from the employer will be required if we are unable to verify income over the phone. Verifiable income will be required for unemployed applicants. (Verifiable income may mean, but is not limited to Bank Accounts, Alimony/Child Support, Trust Account, Social Security, Unemployment, Welfare, Grants/Loans). Self-employed applicants will be required to show proof of income through copies of the previous year’s tax returns.

3. If monthly income does not equal 3 times the state monthly rent, a security deposit equal to a full month’s rent, qualified roommate or co-signer will be required.

4. You will be denied if your source of income cannot be verified.

VI. EMPLOYMENT REQUIREMENTS

1. One year of verifiable employment will be required.

2. Self-employed applicants will be verified through the state. A recorded business name or corporate filing will be sufficient to meet employment requirements.

3. A security deposit equal to a full month’s rent will be required when the employment does not meet the requirements.

4. You will be denied if you are unemployed and an alternative source of income cannot be verified.

VII. RENTAL REQUIREMENTS

1. One year of verifiable rental history from a current third party landlord is required. (Rental references ending 12 months prior to the date of application will be considered current).

2. Home ownership is verified through the county tax assessor. Mortgage payments must be current.

3. Home ownership negotiated through a land sales contract is verified through the contract holder.

4. Four years of eviction free rental history will be required.

5. Rental history demonstrating residency, but not third party rental history, will require a security deposit to a full month’s rent.

6. A co-signer will be required when rental history does not meet third party rental criteria, but residency can be verified with parents, student housing or military housing.

7. Rental history reflecting past due rent or an outstanding balance will be denied. (A security deposit equal to a full month’s rent will be accepted when past due rent has been paid and no additional negative information has been documented).

VIII. CREDIT REQUIREMENTS

1. Good credit will be required.

2. Outstanding bad debt exceeding $100.00 on a credit bureau (i.e., slow pay, collections, bankruptcies, repossessions, liens, judgements, and wage garnishment programs) will require a security deposit equal to a full month’s rent.

3. Bankruptcies filed within one year from the date of applications will be denied.

IX. CRIMINAL CONVICTIONS

1. Upon receipt of the rental application and screening fee, landlord shall conduct a search of public records to determine whether the applicant or any proposed tenant has been convicted of any crime within the previous seven years. A conviction or convictions for any felony, or any misdemeanor involving theft, dishonesty, assault, intimidation, drug-related or weapons charges shall be ground for denial of the rental-application.

RENTAL APPLICATION

Download Rental Application (PDF)