HRW Realty Corp

Secure Online Rental Application

RENTAL APPLICATION PROCEDURES

Thank you for your interest in an HRW Realty Corp managed property. After viewing the property, please review the following information before completing the application.

Please check the following boxes below to confirm you have reviewed the information provided.

Confirm Property is Available *

The first application received for a property will be considered. To avoid paying the non-refundable online application processing fee on a property which is already rented or has a pending application, it is necessary to contact the HRW Realty Corp “on call agent” at 919-783-1855 x560 to confirm the property is still available before submitting your application. By checking the box you agree you have just confirmed with the HRW Realty Corp “on call agent” the property is still available.

Occupancy Limits *

No more than 2 unrelated adults living in a property is permitted unless specifically stated in our advertising. Related adults are immediate family including spouse, children, brother, sister, parents and grandparents. The maximum occupancy for each property is 2 people per bedroom.

Confirm Individual Property Pet Policy *

Some of the properties we manage allow pets and it is necessary to confirm the pet policy advertised for each property. The policy may totally restrict pets or allow 1 to 2 adult pets (minimum 1 year old) with varying weight limits. Dogs known to be considered vicious or have a history of biting people or animals or causing property damage will not be considered. The following full or partial breeds are also not allowed: Akita, Alaskan Malamute (Malamute breeds), American Staffordshire Terrier, Chow Chow, Doberman Pincher, German Shepherd, Pit Bull, Presa Canarios, Rottweiler, Siberian Husky or Wolf or Wolf Hybrid.

Income Documentation *

The household combined gross monthly verifiable income (before taxes) must be equal to a minimum of 3 times the monthly rent of the property. Documentation for employment income includes 2 of the most recent pay stubs. For pending future employment, a “letter of intent” to hire must be provided. For self-employed applicants, a copy of the most recent tax returns showing the adjusted gross income and 3 of the most recent bank statements must be provided.

For retired or non-employed applicants or for additional income for applicants, including alimony, child support, disability, GI benefits, grants, investments, pension or retirement, savings or trust finds, official documentations stating monthly income and duration must be provided. Depending on the documentation provided, 3 consecutive bank statements may also be required.

A co-signer is acceptable if an applicant is unable to qualify for income only. The co-signer’s gross income must be 5 times the rent and a the cosigner must also complete and sign a separate application.

Complete Application(s) *

Each person 18 years or older who will be living in the property must complete a separate application, including spouses. Adult dependents (18 years or older) of the applicants (excluding spouses) may complete the occupant only application. Occupant only application available in paper copy ONLY at www.HRWrealty.com The non-refundable application fee is $60/applicant, discounted to $100 for a married couple and $20 for a dependent adult occupant.

Additional Application and Rental Policies

Payments Due

A binder fee equal to one month’s rent must be provided to HRW Realty Corp within 24 hours of application acceptance to secure the property. When the binder fee is received by HRW Realty Corp, the property will be taken off the market. If the binder fee is not provided within 24 hours of application approval, your application will be cancelled and other applicants considered. The binder fee will be applied to the security deposit when the lease is signed. If approved applicant(s) fail to sign a written lease or take possession of the property, the applicants understand and agree HRW Realty Corp will retain the binder fee in full satisfaction of any and all damages suffered by HRW Realty Corp or the property landlord for taking the property off the market

One full month’s rent and any applicable pet fee is due on or before the day your lease begins. A certified check or money order is required for both the binder fee and first month’s rent if your lease start date is 10 days or less from the application approval date. If your lease starts after the first of the month, your 2^nd month rent payment will be prorated based on the lease dates of the first month.

Lease Signing

To secure the property, a written lease must be signed within 24 hours of application acceptance. Preferably the lease will be reviewed and signed in our office (by appointment only) between 9:30am to 4:00pm Monday through Thursday or 9:30am to 1:00pm on Friday. For out of town applicants, the lease may be signed via DocuSign.

Credit and Rental History

Application approval is conditional on a good credit and rental history. A credit score above at least 580 is required for approval. Applicants with delinquent, collection and charge-off accounts may be considered with an additional security deposit equal to one month’s rent. A good rental history includes no more than 1 late payment or NSF payment in a 12 month period. Eviction filings within the past 7 years, bankruptcy within the last year, or a bankruptcy which is not discharged or dismissed will result in automatic denial.

Criminal History

A criminal background check is completed for anyone 18 years or older. The application will be denied for any felony convictions in the last 7 years for illegal manufacture or distribution of a controlled substance, bodily harm or intentional damage of property and for any felony convictions for sexual offenses. Application approval will be conditional for all sex, drug, theft or violent misdemeanor convictions.