RENTAL APPLICATION REQUIREMENTS, TERMS AND PROCESS

APPLICATIONS FEES ARE NON-REFUNDABLE

Thank you for choosing Katzakian Property Management, Ltd. We are delighted that you are interested in one of our homes! The Application Requirements are being provided to identify the evaluation process through which your application will be processed.

It is the policy of Katzakian Property Management, Ltd. to comply with all applicable federal, state, and local fair housing laws and not to discriminate against any person based on race, color, national origin, sex, familial status, religion, handicap, disability, sexual orientation, gender identity, marital status, age, source of income, military status, or any other basis prohibited by law.

It is the policy of Katzakian Property Management, Ltd. to consider any and all requests for reasonable accommodations or modifications when they are necessary to provide a person with a disability an equal opportunity to use and enjoy their home and/or the community common areas. If you have any questions on how to submit a reasonable accommodation or modification request, please contact our rental office at 209-957-6061.

APPLICATION TERMS
The acceptance and processing of a rental application and the associated application fee do not constitute a guarantee of acceptance for housing. All applicants must meet the criteria listed below to be considered for tenancy. All documentation must clearly show the applicant's name. Images and cell phone and/or computer screenshots that appear to be altered will not be accepted. All documentation requested during the application process must be submitted immediately. Failure to supply clear and legible information or documentation will result in an application being rejected.

APPLICATION FEES

Application fees are $55.00 for each online application submitted through our website. Application fees are non-refundable and cover the costs of obtaining information including, but not limited to: tenant screening service, consumer credit reporting service as well as reasonable time spent to validate, review, or otherwise process your application. Application fees are deposited on the same business day.

RENTAL APPLICATION
All persons eighteen (18) years of age or older, and those deemed to be an adult under applicable law with respect to the execution of contracts, will be required to complete their own application. Only applications that are fully completed and signed will be processed for consideration.

An applicant's intentional misrepresentation or intentional omission of any information on the application will be a sufficient reason for denial of the application. Should any discrepancies arise, additional documentation may be required.

GOVERNMENT RENTAL ASSISTANCE PARTICIPANTS ONLY (HACSJ, CVLIHC, VASH etc.)

PROOF OF ASSISTANCE
Documentation related to Government Housing Assistance MUST be included with your application.
If you work with HACSJ, a valid voucher is required before any processing will begin.
Applications that do not have valid documentation of assistance included will be immediately placed on hold until it is provided.

INCOME REQUIREMENTS (FOR GOVERNMENT RENTAL ASSISTANCE RECIPIENTS)
All households that received government rental assistance must have a legal and verifiable gross income that is at least three (3) times 30% of the monthly rent.

Written verification and proof of all income include, but are not limited to: current and consecutive pay stubs, social security or other retirement income, disability, or Social Security Income (SSI), worker’s compensation payments, and trust accounts.
Self-employed applicants are required to provide two (2) years of most recent tax returns and six (6) months of most recent bank statements.

Third-party Employment Verifications (The Work Number, U-Confirm, Unverify, Truework, etc.) will be the full responsibility of the applicant to obtain. Failure to provide Third-Party Employment Verifications to Katzakian Property Management will result in an incomplete application. Incomplete applications will not be processed.

ALTERNATIVE SCREENING METHODS
Under California law, SB 267, applicants with a government rent subsidy have the option, at the applicant's discretion, of providing lawful, verifiable, alternative evidence of the applicant's reasonable ability to pay their portion of the rent
In order to opt for this alternative screening method, applicants with Government Rental Assistance will need to:
1. Correctly answer the subsidy related questions in the questions section of the application.
2. Provide the following documentation: A minimum of three (3) separate forms of housing-related documentation, each reflecting twenty-four (24) months of recent, and regular monthly bills that show a pattern of consistent and timely payment. These accounts must be paid in full, and in good standing.
**Documentation MUST be the ORIGINAL LEDGER from the company providing the service, and verifiable.
**Screenshots, applicant created documents, unauthorized receipts and monthly bill statements will NOT be accepted. Any documentation that appears to be falsified or altered is subject to immediate denial.

ALL DOCUMENTATION MUST BE SUBMITTED WITH APPLICATION.
Applications submitted without these questions correctly answered and attached documentation will be screened through our normal screening process which includes obtaining a credit report.
Regardless of the assessment method selected additional documents will be required including but not limited to conducting a background screening, employment verification, rental history verification, and confirming the identity of the applicant. All restrictions, policies, and selection criteria are applied consistently to all applicants.

OCCUPANCY GUIDELINES
In accordance with the following guideline, the household composition must be appropriate for the dwelling size in which the household is applying.

BEDROOM SIZE MAXIMUM PERSONS
1 Bedroom 2 Occupants
2 Bedroom 4 Occupants
3 Bedroom 6 Occupants
4 Bedroom 8 Occupants
5 Bedroom 10 Occupants

If the household exceeds the maximum occupancy during tenancy, the household may be allowed to remain in the unit. In order to avoid a lease violation, additional adult occupants must first obtain management approval.

INCOME
All households must have a legal, and verifiable net income that is at least two and a half (2.5) times the monthly rent amount.
Written verification and proof of all income includes, but is not limited to: one (1)  month of current and consecutive pay stubs, social security or other retirement income, disability, or Social Security Income (SSI), worker’s compensation payments, and trust accounts.
Self-employed applicants are required to provide two (2) years of most recent tax returns and six (6) months of most recent bank statements.

Cash income is subject to verification and may be accepted or denied based on the provided documentation.
Third-party Employment Verifications (The Work Number, U-Confirm, Unverify, Truework, etc.) will be the full responsibility of the applicant to obtain. Failure to provide Third-Party Employment Verifications to Katzakian Property Management will result in an incomplete application. Incomplete applications will not be processed.

RENTAL HISTORY
All households must have a minimum of twenty-four (24) months of positive and verifiable rental or mortgage payment history. Friends and/or family members will not be considered rental references.
*Increased Security Deposit or Guarantor/Co-Signer may be requested for applicants who do not meet minimum requirements based on AB 12 exemption status.

CREDIT
Credit Score must be no less than 650.
Scores 600 – 649 may be considered conditionally with an increased deposit or co-signer.
Scores below 600 are subject to immediate denial.

An application with a credit report containing any accounts In Collections, Charged-Off or Past Due totaling $500 are subject to immediate denial, regardless of credit score.

*Increased Security Deposit or Guarantor/Co-Signer may be requested for applicants who do not meet minimum requirements based on AB12 exemption status.

CRIMINAL & CIVIL RECORDS HISTORY
A criminal and civil background check will be conducted for all persons eighteen (18) years of age or older through the San Joaquin County Court website. Applications may be rejected for the following offenses: eviction, fraud, theft, drugs, arson, sexual assault, any violent crime, or for other convictions of illegal activity involving dishonesty or risk to others. Any felonies in the last ten (10) years are grounds for immediate denial.

GUARANTORS/ CO-SIGNERS
Guarantors/Co-Signers WILL be considered for applicants who do not meet the income or rental history requirements.
Guarantors/Co-Signers WILL NOT be considered in-lieu of an applicant that does not meet the minimum requirements of the application criteria including, but not limited to: credit, bankruptcy, negative rental history, landlord-tenant court records, unpaid landlord collections, and criminal history.

GUARANTOR/CO-SIGNER REQUIREMENTS:.
A credit score of 700 with no accounts Past Due, In Collections, or Charged Off.
Net Income of four (4) times the monthly rent that is legal and verifiable. Guarantors/Co-Signers are required to live within a Location must be within a 50-mile radius of San Joaquin County.
*Guarantors/Co-Signers must also meet all other qualifying criteria identified in the Application Requirements.
*Guarantors/Co-Signers will be asked to sign a Guaranty Agreement and a notary may be required.
*Accepting an application with a Guarantors/Co-Signers is at the discretion of the individual homeowner and may not be considered for all properties.

PETS

Pet acceptance varies by property. Applications must include a clear and recent picture of the pet(s). The maximum number of pets and permissible weight are subject to change per property. Rottweilers, Dobermans, and Pit Bulls are strictly prohibited.

Emotional Support Animals (ESA): Per AB 468, the law requires a healthcare provider to have established a client-provider relationship with the individual at least thirty (30) days prior to providing the documentation requested for an in-person evaluation regarding the individual’s need for an ESA. A letter with this information is required in order for an ESA to be accepted. 

All Pets/ESA's require current vaccination record to be provided.

*Increased Security Deposit or Guarantor/Co-Signer may be requested for applicants who do not meet minimum requirements based on AB12 exemption status.

CONDUCT
Applicants may be rejected for any conduct displayed during the showing/tour or application process that violates the lease policies. Applicants must show a willingness to comply with the lease policies.

APPROVED APPLICATIONS
All approvals of an application are the decision of the individual homeowner and not Katzakian Property Management.

Holding Deposit: Applicants are required to provide a Holding Deposit within forty-eight (48) hours of approval by cashier’s check or money order. We will continue to process applications until the Holding Deposit is received.

Move-in Date: Applicants are required to schedule a move-in date within ten (10) days of approval.

First Month’s Rent: Approved applicants are required to provide the first month's rent, in full by cashier’s check or money order on the scheduled move-in day. The first month’s rent is the tenant’s first thirty (30) days in the property. The second month’s rent will be prorated when applicable.

PERSONAL AND LIABILITY INSURANCE
Katzakian Property Management, Ltd. requires personal liability insurance. Approved households are required to carry a Personal Liability Insurance Policy with a coverage limit for personal liability maintained at no less than $100,000.00 per household. You may obtain this through the property program or through the insurance company of your choice.

DENIED APPLICATIONS
All denials of an application are the decision of the individual homeowner and not Katzakian Property Management.
Denied applicants will be notified. KPM will not discuss the nature of the denial, denied applicants are instructed to refer to the Adverse Action Notice sent to them.
Applications may be denied for the following reasons:
Any outstanding debt owed to a previous landlord, rental property or housing authority.
A public record of an unlawful detainer action or felonies in the last ten (10) years
A breach of the prior lease including failure to pay rent timely and non-compliance with rules, laws, and regulations.
Credit history

*If a completed application that meets our minimum requirements is not chosen, it may be transferred to another available property with no additional application fee.