RENTAL SCREENING CRITERIA, PET POLICY AND RESIDENT BENEFIT PACKAGE

RESIDENT BENEFIT PACKAGE

The Westrom Group Resident Benefits Package (RBP) delivers savings and convenient, professional services that
make taking care of your home second nature. By applying, Applicant agrees to be enrolled (once approved) and to
pay the applicable cost of $45.95 month, payable with rent.

• HVAC air filter delivery directly to your door approximately every 60 days.
• Move-in concierge service: one call set up your utility services, cable, and internet services
• Hassle Free Move In: For your convenience, keys are at the property day of move in.
• Online portal: Access to your account, documents, communication and payment options.
• Credit building to help boost your credit score with timely rent payments.
• A Resident rewards program that helps you earn rewards for paying your rent on time.
• Late Pay Forgiveness: Good for one late rent payment during term of lease. (5 Day Maximum Forgiveness,
  One Time)
• 24/7 online maintenance reporting.
• Vetted vendors: We ensure all third-party vendors are qualified an exceed our standards of professionalism.
• Home buying assistance for when the time is right to buy your “forever” home.
• $1M Identity Protection for all adult leaseholders
• Renters Insurance that meets all lease requirements from an A-rated carrier.

Renters Insurance requirements and options:
The Landlord requires Tenant obtain liability coverage of at least $100,000 in property damage and legal liability from an
A-rated carrier and to maintain such coverage throughout the entire term of the lease agreement. Tenant is required to furnish
Landlord evidence of the required insurance prior to occupancy, at the time of each lease renewal period, and upon request.
To satisfy the insurance requirement, Tenant may either (1) be automatically enrolled into a policy that satisfies the coverage
requirements as part of the Resident Benefits Package; or (2) obtain alternative liability coverage from an insurer of Tenant’s
choice. The option Tenant chooses will not affect whether Tenant’s lease application is approved or the terms of Tenant’s
Lease.
Option 1: Do nothing. Tenant will be automatically enrolled into an insurance policy as part of the Resident Benefits Package.
No further action is required. Coverage will begin on the effective date of Tenant’s lease and continue throughout the lease
term. Please refer to the evidence of insurance that is supplied by Westrom Group for additional coverage details. The
Resident Benefits Package monthly rate will be adjusted by the premium amount in the policy. Residents will be responsible
for $500 deductible per incident for claims.
Option 2: Buy a policy. If Tenant prefers, Tenant may find, purchase, and maintain another policy that satisfies the Landlord’s
requirements. The Resident Benefits Package monthly amount will be adjusted accordingly. Visit
http://insurance.residentforms.com/ and follow the instructions listed there to provide evidence of the required insurance
coverage to your Landlord. It is Tenant’s responsibility to pay premiums directly to your insurance provider. If the policy is
terminated or lapses, Tenant will be subject to a lease violation fee of $50.00 and agrees to be subsequently enrolled into the
policy referenced in Option 1 above.
Please be sure that your policy meets the following criteria prior to submitting:

• Policy is purchased from an A-rated carrier.
• Policy meets or exceeds the required $100,000 in property damage and legal liability.
• Westrom Group is listed as additional interest
• Westrom Group address is listed as: PO Box 66012 Dallas, TX 75266

Resident Benefit Package

Pet Policy:

Pet Application is required for EACH pet as well as NO Pet. Please complete the pet application below:
Pet Application Now

 

Completion is required prior to processing application.

• Identification: The applicant must provide a government issued ID.
• Income:  The applicant:
  • Must provide at least 60 days of  consecutive paycheck stubs
  • OR 3 months bank statements
  • OR (for self-employed) last year's tax returns and 6 months of bank statements
  • Monthly household combined income must be 3 times the amount of market rent.
  • Child Support, Overtime or Bonuses are not included in income calculation.
  • Guarantee is accepted for students only, must be a local resident, must not owe any debt to another community/landlord,
    must adhere to all qualifying criteria and must complete application and pay required fees.
• Employment:  The applicant:
  • Must provide at least 6 months of immediate, consecutive employment history to be verified.  If applicant has been employed at current position less than 6 months, then  must provide previous job history to be verified.
• Criminal History:
  • Criminal history of a sexual crime or crime against another person is an automatic denial.
  • Felony convictions will be considered on a case-by-case basis if they are 5 years or older with no other criminal activity.
  • Misdemeanors involving injury to persons or sexual offenses are an automatic denial.
• Credit History:
  • A credit report will be pulled for any applicant 18 years or older.
  • Credit Scores of all applicants for one property will be averaged together.
  • Credit Scores 625 and below may be subject to additional deposits.
  • No bankruptcies in the last 5 years.
• Rental History:
  • 2 years of verifiable rental history or 2 years of verifiable mortgage payments required.
  • Negative Rental History will result in automatic denial.
  • No evictions or foreclosures in the last 5 years.
• Approval & Payments:
  • Any applicant who has been approved for a Westrom Group Company rental will have 24 hours from the approval notification to sign the lease, pay the security deposit and pro-rated rent.
  • Upon signed approval notification and lease execution, security deposits are non refundable should applicant cancel prior to move in.
  • Approved applicants will be charged a $99.00 Administration Fee due in 24 hours from approval notification.