Requirements

Dear Applicant:

Thank you for considering renting a property from Action Team Realty. We have outlined below our policies and procedures and the criteria we use to select a tenant for the properties we manage.

Our Policies and Procedures:
1. Action Team Realty, its agents, and employees adhere to Fair Housing requirements and guidelines and do not discriminate against protected classes. These classes include, but are not necessarily limited to, the following: race, color, national origin, religion, sex, disability and the presence of children.
2. Each person who is 18 years of age or older, who will be residing in the property, must make an application with Action Team Realty.
3. Applications are made through our website www.ActionTeamRentals.com. Applicants.
4. Each applicant must pay $40.00 to Action Team Realty prior to our processing the application. Online applications must provide information of their bank account and authorize the withdrawal/charge of $40.00 from that account for the applicant. Applicants who apply in office must pay $40.00 in cash, money order, or certified funds for each applicant.
5. Action Team Realty will not consider an application until all individuals who will be living in the property, 18 years of age and older, have submitted their individual application.

6. If your application is denied for any reason and you are applying with co-applicants, you may not later apply on your own.

Our Criteria for Selecting an Applicant:
Action Team Realty is looking for a tenant who will pay their rent on time; maintain the property; and abide by the terms of the lease, as well as the HOA rules and regulations if applicable, and be a good neighbor and citizen. Since there is no guarantee that any applicant will maintain the property, Action Team must rely on an applicant's past performance as well as their current financial situation. Therefore, we will consider the following items when reviewing any applicant's request:
1. Do you have a good rental history? We will require information from your current landlord as well as any other landlord to cover the past three years of your rental history.
2. Do you have good credit? We will obtain a credit report and determine whether you pay your bills on time. Your credit report allows us to see the history of whether you pay your obligations on time. We require a minimum 700 credit score. We will consider 650+ with a double deposit, however, below 700 requires owner approval and may require additional prepaid rent.
3. Are you currently employed and does your combined income equal approximately two times the amount of the monthly rent? We require two (2) months' worth of pay stubs in addition to employment verification from your employer.
4. Do you have a criminal record? We will obtain a Criminal Background Report, which does contain arrest and conviction records as well as evictions, foreclosures, bankruptcies, etc. (We require a government-issued Photo ID card.)
5. Do you have pets? We do not allow pets in most of our properties. Having a pet will either disqualify you automatically or will greatly diminish your chance of our accepting you.
6. Do you smoke? We do not rent to individuals who smoke. Neither do we rent to individuals who grow, sell, use, or possess Federal illegal drugs, regardless of whether they are legal in Colorado.

Because no two applicants are the same, we use our best judgment, based on the information we have been able to verify in selecting our tenants. Applicants are accepted on the most-qualified basis, not on a "first come, first served" basis. Until we have approved your application and you have given us certified funds in the amount required for the security deposit, which will be no less than the equivalent of one full month's rent, we will continue to market the property and accept applications. Based on current market conditions, we may accept an applicant which falls short of our standard requirements. In such cases, we may require a higher security deposit. We do accept Section 8 applicants, but they must meet the rest of our minimum requirements.

1. A prospective tenant has the right to provide to the landlord a portable tenant screening report, as defined in section 38-12-902(2.5), Colorado Revised Statutes; and

2. If a prospective tenant provides the landlord with a portable tenant screening report, the landlord is prohibited from: Charging the prospective tenant a rental application fee; or Charging the prospective tenant a fee for the landlord to access or use the portable tenant screening report.

Fees (if applicable):

$45 application fee for every individual 18 years of age or older who will be living at the property. $10.25 Rental Verification through third party (price subject to change). $10 income verification through third party (price subject to change). Occasionally a property we manage will allow pets; in that circumstance there is a refundable pet deposit of $300 per pet, and the greater of $35 or 1.5% of the rent per pet as a monthly fee. Carpets must be cleaned every year by a vendor of Action Team's choosing. Tenants for all properties are required to retain trash and utilities services. Once the Holding Fee is received, Action Team Realty will cease marketing the property and prepare a lease. should applicant fail to sign a lease for any reason, the Holding Fee will be forfeited as liquidated damages. Once a lease is signed, the hold is considered complete, and the Holding Fee will transfer to the Deposit.

Sincerely,
Action Team Realty's Property Management Team