RENTAL APPLICATION POLICY AND PROCEDURES

Thank you for choosing Xclusive Properties Management, LLC for your housing needs. Innago is partnered with Xclusive Properties Management to process all applications. We strictly adhere to all Fair Housing laws, ensuring no discrimination based on
race, color, creed, national origin, sex, age, marital status, or physical/mental disability.

APPLICATION REQUIREMENTS:

• One per individual aged 18 and older
• $35 Application fee for each Xclusive Properties Management Residential Lease Application
• Valid Driver's License or photo ID for each Residential Lease Application
• Proof of Income (paycheck stubs, tax returns, or bank statements for self-employed; temporary assignments not considered proof of income)
• Wage verification if applicable $10 per application

GENERAL RENTAL CRITERIA

Rental History Criteria:

• Prefer at least 2 years of rental history or home ownership
• Verification of rental history required
• Eviction or lease violation history may lead to application denial

Income Criteria:

• Monthly income must be at least three times the monthly rent
• Verification through three most recent pay stubs and the last three consecutive months’ of bank statements
• Proof of earnings from social security, child support, alimony or spousal support must be documented
• Self-employed applicants must provide their most recent tax return signed and submitted
• Section 8 vouchers accepted (proper documentation, ie: housing vouchers from housing authority)

Credit Criteria:

• Minimum credit score of 450 required
• No history of debt write-offs or accounts in collection

Criminal:

• Felony arson, sexual predator, bomb making, animal abuse, or child exploitation
• convictions may prevent the approval of the application

Resident Benefits Package:

All of our tenants have the option to enroll in our Resident Benefit Package at a price of $35.00 per month. The following items are included as part of the package:

• Quarterly Self Inspection
• Smart home integration and installation assistance
• Access to Renters Insurance
• Online Resident Portal for making payments, reporting repairs, etc.
• HVAC filter delivery every three months
• 24/7/365 maintenance online portal
• Free recurring ACH e-payments
• Free Credit Reporting

Pet Policy

Tenant will not keep at any time, for any length of time, in or about said premises any cats, dogs, fowl, other animals, birds, or stray animals on the premises without the written consent of Landlord. Please note that pets are NOT ALLOWED in any of our properties. If any pets are found in the residence tenants will be fined $250 per occurrence.

UPON APPROVAL:

The applicant will be notified by phone or email.

1. If the Rental Reservation Deposit has not been submitted with the application, the applicant has 24 hours to submit deposits and sign lease to secure the property and take it off the market.
   
2. If the holding/security deposit has been submitted, the applicant has 48 hours to sign lease to secure the property and take it off the market.
   
3. If your application is approved, you must be able to move in within 2 weeks of your approval date. Exceptions are on a case-by-case basis.
   
4. Upon each move-in of new tenants, Xclusive Properties Management require a security/holding deposit.
   
5. Prior to moving into a property, Xclusive Properties Management onboards each new tenant with a number of systems to make renting easy: online payment portal, maintenance portal, setting up resident benefit package.

If the lease is not signed within the allotted time Xclusive Properties Management LLC will withdraw approval and will process the next application received or consider any other approved applications.

REMINDER:

Each occupant and co-applicant 18 years or older must submit a separate application. There is a $35 non-refundable application fee per applicant for processing and reviewing this application.

Property Condition: Applicant is strongly encouraged to view the Property prior to signing any lease. Landlord makes no express or implied warranties as to the Property's condition. Should Applicant and Landlord enter into a lease, Applicant can request repairs or treatments (see question section below).

DEPOSIT, FIRST MONTH’S RENT PAYMENT, AND ANY OTHER SPECIFIED FEES MUST BE IN THE FORM OF CASH, MONEY ORDER OR CASHIERS CHECK. DIGITAL PAYMENTS SUCH AS CASH APP, ZELLE AND APPLE PAY ARE ALSO ACCEPTED.

Xclusive Properties Management, LLC, is an Equal Opportunity Housing Company. Our staff members adhere to a strict Code of Ethics, and to the Federal Fair Housing Law.