Priority Wait List: In order to have the best chance of receiving your desired floor plan and move-in date, join the priority waitlist. A non-refundable $100 reservation fee is all it takes to join. The fee will be applied to your security deposit upon move-in.

Wait List: Wait list priority is based on the date an applicant joins. The following is the rank of precedence: 1) Applicants desiring a renovated unit 2) Applicants paying the $100 reservation fee 3) all other applicants. Note: currents residents have priority through the end of their renewal period (12/15/2011).

Rental Application: Rental applications are to be completed by each applicant. Any omissions or falsifications may result in the rejection of an application or termination of a lease. Application will be accepted only when completed in full. Applications for the same unit are to be submitted together along with the $32.00 application fee per person.

Administration Fee: upon vacating the apartment a $20 per resident is withheld from the security deposit.

Qualifying Criteria: In approving an application for residency, the criteria listed below must be met in order to stand on the lease alone. If requirements are not met a guarantor will be needed or the application for residency may be rejected. A guarantor will not be allowed in the case of a rejection of the application due to a felony conviction.

• Income/Employment: Each applicant’s income must meet or exceed the total monthly rent by three times. Your employer must verify the income. Applicants must have a full-time job with at least one-year of stable employment history.
• Rental History: An unsatisfactory rental history could result in the disqualification of the application.
• Credit History: An unsatisfactory credit report may disqualify an applicant. An unsatisfactory credit report could include current bad debts, unpaid bills, liens, judgments, or bankruptcy. If an applicant is rejected for poor credit history, the applicant will be informed of the name, address, and telephone number of the credit reporting agency.
• Criminal History: A felony conviction may disqualify an applicant. A criminal background check will be generated and evaluated in accordance with our companies’ felony policy.

Reservation Fee: A reservation fee is required upon signing a lease to hold the apartment. The reservation fee is not refundable 72 hours after payment date, without prior approval. Upon lease commencement, the reservation fee will be transferred to cover the security deposit and will be retained in accordance with the laws of the state of Virginia. The reservation fee/deposit may be used to cover defaults and damages made by the applicant/resident.

Guarantor: A guarantor will be required if the applicant is a full-time student, under the age of 18, or does not meet the qualifying criteria. When applying, you will provide the guarantor’s information on the rental application. The guarantor must meet the income/employment criteria. A guarantor will be fully responsible for the lease if the occupying resident(s) defaults.

Rental Payment: The monthly rent is due on or before the first day of the month. There will be a late fee for all rent paid after the fifth of the month, in the amount of $100.00. Rent can be paid by check, cashier’s check, or money order. No Cash Please! Only one check will be accepted for rent per apartment. All returned checks will be assessed an NSF fee of $50.00 plus applicable late fees. NSF checks will have to be replaced by a cashier’s check or money order. Rent and deposits due at initial move-in must be paid in certified funds.

Roommates: Each is fully responsible for the entire rental payment and each must execute the lease and all other addendums.

Parking: Upon move-in you will need to register your vehicles for a parking decal in order to park in the parking lots. Parking decals will be issued only to residents and their guarantors and will cost $5 per decal. The vehicle must be registered under the resident or guarantor’s name. Boats, trailers, campers, or commercial vehicles will not be allowed in the parking areas. Guests must use street parking or designated visitor parking spaces.

Renter’s Insurance: The owner’s insurance policy does not cover damage by fire, water, vandalism, or any other cause to your personal property located within the apartment. We strongly recommend that you obtain a renter’s insurance policy to cover any damage that may happen to your personal property.

Pets: Pets are prohibited except within the following restrictions and per management approval. Pet verification letter from an animal clinic required. o A deposit of $100.00, plus a $200.00 non-refundable fee is required. Rent will increase an additional $20 per month for the pet.
One no more than 50lb pet, or two totaling no more than 50lbs, are allowed per apartment. Pets up to 80lbs are permitted with double fees, deposits, and pet rent. o See lease and resident handbook for additional information on pets.

You hereby declare that all statements on this application are true and complete and authorize us to verify same through any means. If you fail to answer any question or give false information, we may reject your application, retain all fees and deposits as liquidated damages for our time and expense, and terminate your right of occupancy. If you withdraw your intent to lease after 3 days, and have paid a reservation deposit, said deposit is not refundable. We may at any time furnish information to consumer reporting agencies and other rental housing owners regarding your performance of your legal obligations, including both favorable and unfavorable information about your compliance with the lease contract, rules, and financial obligations.