Zocalo Lofts Residential Rental Application
Approval Criteria by Zocalo Lofts, LLC
Welcome to our community, thank you for considering a Zocalo Loft, LLC apartment. Before you apply to rent an apartment, please take time to review our rental application and approval criteria. The following information is offered so that all applicants will have available to them a detailed statement of the rental qualifying policies.
We will not discriminate against any person in the rental of an apartment because of race, color, religion, national origin, sex, age, familial status, sexual orientation or mental or physical handicap.
The term “applicant(s)” under these criteria means the person(s) that will be signing the Lease as a “tenant”; the term “occupant(s)” in these criteria means the person or persons that are authorized occupants under the lease. Please also note that this is our current rental criteria; nothing contained in these requirements shall constitute a guarantee or representation by us that all residents and current occupants currently living here have met these requirements.
Confidentiality: We maintain a strict policy of confidentiality and privacy for our applicants and residents. We do not discuss information on applications with anyone other than the applicant. In addition, we do not discuss individual credit reports with an applicant. If an applicant is rejected for poor credit history, upon request, the applicant will be given the name, address and telephone number of the credit reporting agency that provided the credit report. An applicant rejected for unsatisfactory credit is encouraged to obtain a copy of the credit report from the credit reporting agency, correct any erroneous information that may be on the report, and resubmit an application to this community.
Application for Residency: An Application for residency must be completed and maintained for each adult applicant. Each applicant must complete the rental application fully and accurately. Falsification of information will result in denial of residency.
Application Fee: Each applicant must pay a non‐refundable $45.00-dollar application fee. Because there are no exceptions, it is important that you review this information carefully before applying, making certain that, to the best of your knowledge you meet the rental application approval criteria stated.
Occupants: Occupancy will be limited to no more than two (2) persons in a studio apartment, three (3) persons in a one-bedroom apartment, four (4) persons in a two‐bedroom apartment or six (6) persons in a three‐bedroom apartment. All adult occupants will be considered as responsible residents under the Lease Agreement and will be asked to sign the Lease as a resident.
Identification: All visitors must present a valid driver’s license or other photo identification in order to view the community. Other acceptable forms of identification are: Valid state issued ID card, valid Military ID card or a valid Passport.
Income Requirements: Applicants must have a gross income source that can be verified and is at least two and one half (2.5) times the monthly rent of the apartment being leased. Acceptable income verification required may include the applicant’s last four paycheck stubs, an employment verification on company letterhead signed by a direct supervisor, payroll of human resources department representative. Self‐employed applicants will be required to provide either the previous year’s tax return or bank statements for the last six (6) months. Proof of retirement benefits, disability income or full-time student status is required.
Credit History: An unsatisfactory credit report can disqualify an applicant from renting an apartment home at this community. An unsatisfactory credit report is one which reflects past or current bad debts, late payments or unpaid bills, liens, judgments or bankruptcies.
Residence History: Up to 3 (three) years of rental history may be verified on present and previous residence. A positive record of prompt monthly payment, enough notice, with no damages is expected. For applicants who are homeowners, permission must be granted to verify payment history with the bank or lending institution.
Criminal History: Applicants must have an acceptable criminal background check. With the state and Federal fair housing guarantees in mind, for all residents and staff, acceptable means it does not reveal: ‐ Any household member who is subject to a state sex offender lifetime registration requirement. Any household member who has any conviction or adjudication (other than an acquittal) of a sex offense, including but not limited to forcible rape, child molestation, lewd and luscious conduct with a minor, and aggravated sexual battery. ‐ Any household member who has any conviction or adjudication (other than acquittal) of a felony that resulted in bodily harm or intentional damage or destruction of property. Applicants will not be considered until at least ten years from their date of release. Misdemeanor convictions will not be considered until at least five years from the date of release. ‐ Any household member who has any conviction or adjudication (other than acquittal) of a felony for the illegal manufacture or distribution of a controlled substance. Applicants will not be considered until at least seven years from their date of release. Misdemeanor convictions will not be considered until at least five years from the date of release. ‐ Any household member who has any conviction or adjudication (other than acquittal) of a felony and/or a misdemeanor for other categories of crimes not noted herein will be considered on a case-by-case basis.
Animal Acceptancy Policy: Pets suitable for apartment living are allowed on the premises only after a pet agreement has been signed and a pet fee paid with a maximum of two pets per apartment.
Renters Insurance Requirements: To fulfill your lease obligation all new and renewing residents are required to provide evidence of liability or property damage insurance at a minimum limit of $100,000. You may choose the insurance company and policy limits that are most appropriate for your situation, providing the minimum coverage level is satisfied. If you arrange your own policy simply provide proof of this coverage, with the name of the apartment community listed as an "additional interest" or "interested party".
Validity Period: Approved applications remain in good standing for a period of ten (10) days from the approval date. If the lease is not signed within three (3) days upon notification of application approval and does not submit the security deposit. Unit applied for will return as available unit.
Acknowledgment: Signing this acknowledgment indicates that you have had the opportunity to review the landlord’s tenant selection criteria. If you do not meet the selection criteria, or if you provide inaccurate or incomplete information, your application may be rejected, and application fee is not refundable.
I understand there is a non‐refundable $45.00-dollar application fee. Because there are no exceptions, it is important that you review this information carefully before applying, making certain that, to the best of your knowledge you meet the rental application approval criteria stated.
Click to show you understand the application fee is non-refundable.