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Chapter 92 of Texas Property code requires a property management firm to provide a written leasing criteria.


Per Chapter 92 of Texas Property Code (Section 92.3515), Tenants prior to applying for a landlords property should be given a written leasing criteria. Our Houston rental property management team utilizes these criteria when evaluating tenants for our Houston area rental properties. A copy of our Houston leasing criteria is provided on the application for our properties, and by filling out the application, the applicant is electronically consenting that they have received this criteria prior to the application; and that they have reviewed and receipted the leasing criteria.

 

Houston Rental Property written leasing criteria

  1. Rental History: We are looking for 2 years of rental history minimum, but we prefer 5 years. If there is a eviction in the last 5 years, then you could be denied.
  2. Criminal: Criminal convictions will depend on the nature:
  3. We do not rent to sexual offenders or murderers.
  4. We do not typically rent to violent offenders with a repetitive history of convictions related to assault or violent crimes
  5. We will look at other crimes on a case by case to see if there has been sufficient time to show the person has rental and employment verification that demonstrate that the tenant is not going to have any issues. Drug convictions can be denied.
  6. Credit: We do not have a fixed score to rent, but we will scan the report to see the types of items and recency.
  7. If a person has a 620 or more, then there credit is considered solid.
  8. If 620 to 580, then there other criteria (rental, income) etc should be very solid
  9. If below 580, then usually there will be a adjustment of deposit
  10. If below 500, application will be automatically denied unless owner the property provides an exception.
  11. Each resident over the age of 18 must submit a separate rental application.
  12. Income: We need verifiable income that shows a history of payments that is 3 times the rent as net monthly income.
  13.  We will ask for at least 2 months income in addition to requiring income verification through an e-verification process.
  14. Animal Status Registration: you must go to https://ashokalion.petscreening.com to register your status regarding animals (you have animals, you do not have animals, etc.)


NOTE:  Our Houston property management teams may request a authorization for release of information so we can verify information provided regarding employment and rental history.

 

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