If you decide to apply to rent one of our properties, there is a $75 per adult (18 yrs of age or older) application fee that is non-refundable. Applicant must provide a valid, current, federal ID,issued photo identification card or a driver's license. We reserve the right to require a co-signer. Incomplete applications or applications submitted without the proper processing fees will not be considered and process fees will not be refunded for incomplete applications.
Our leases are currently prepared by an Attorney-at-Law to comply with Florida laws. If you are the successful leasing candidate, there is a one-time lease closing cost of $70.00 (seventy dollars) as well as a $150.00 (one hundred and fifty dollar) administrative fee to cover administrative costs and preparation of your lease.
Some Homeowner and Condominium Associations may require a separate application and fees and if such is the case you must also apply separately to such homeowners or condominium association and remit whatever other application fee may be required.
- We reserve the right to require a co-signer and/or a higher security deposit. Co-signers are accepted at the managers’ discretion only, must meet all requirements, and must reside in the State of Florida.
- Upon receipt of your rental application and application fee you can expect and hereby authorize that we will (1) check your credit report; and (2) check the public records for any past evictions; and (3) verify your employment/income and income ratio; and (4) verify your current and previous landlord references; and (5) do a criminal background check. We would encourage you not to apply if you have bad credit; bad references; have ever been evicted in the past; or have a criminal record. Co-signers may be considered on an individual basis.
Once you have been notified of your approval, you must place (at a minimum) a holding deposit (by cashier’s check or money order), equal to at least one month’s rent, within 24 hours of your approval notification. Once approved and payment of the holding deposit is paid your holding deposit is non-refundable. After lease closing, your holding deposit will be transferred as your security deposit, which is $25.00 more than the rental amount. The additional $150.00 administrative fee and $70.00 leasing fee are due to FPM Properties at lease closing.
All applicants must preview the interior of the property before making application. The property must be accepted in, “AS IS” condition before an applicant can be accepted, except where there is a written agreement for maintenance or repair items. Any such maintenance or repair request (if any) must be written and included with your application under “Other Items Requested,” in the contract to lease portion of your application. If your maintenance and repair request are acceptable to FPM Properties. then that agreement will be written in the lease or lease addendum. Verbal representations are non-binding. In the event you owe FPM Properties, any NSF fees, late fees, damages, rent, release fees, advertising costs, lock change fees, etc. after distribution of your security deposit, and balance owed is not remitted, we will forward all balances due to a collection agency. The costs associated with the collection efforts are typically 40% of the total amount due and will be charged against your account. .
All initial funds, the holding deposit - first month’s rent and security deposit must be paid by cashier’s check or money order payable to "FPM Properties.” Subsequent months thereafter may be paid by check. In the event of multiple tenants, all rents must be paid by ONE check.
Resident Selection Criteria
Income Requirements - Applicants must have a combined income of at least two and a half times the monthly rent, within $100 of the combined income requirement.One month’s worth of consecutive paycheck stubs must be included with the application. Self-employed applicants may be required to produce two (2) years of IRS signed tax returns or 1099's as well as three (3) most recent bank statements showing the income deposits. Individuals
Credit Reporting and Requirements - Our company policy is to report all non-compliance's with terms of your rental agreement or failure to pay rent, or any outstanding amounts to the credit bureau. A credit report will be pulled on each applicant, and each applicant must have a good credit rating. Credit history and/or Civil Court Records must not contain slow pays, judgments, eviction filings, collections, liens or any bankruptcy within the past one (1) year. We cannot provide you with the credit report or tell you of its contents; however, we will provide you with the name of the credit reporting agency so you may receive a copy from credit bureau. All information collected for the approval or denial of this application is considered confidential in nature and for company use only. In the event of a bankruptcy, documentation proving that it has been discharged must be provided with the application. This may require a letter from your bankruptcy attorney indicating your date of final discharge.
Background Investigation Requirements - A criminal background check will be pulled on all occupants 18 yrs. of age and older. If you have been convicted of a felony within the past seven (7) years, this may be cause for rejection. Applicant must not have a felony record that was adjudicated guilty or had adjudication withheld for the past seven (7) years, or any conviction of any length of time for any sexual related, murder related or arson related crime.
Rental/Mortgage Requirements - Previous rental history must be rated satisfactory or better, with no record of evictions. Previous rental history reports from landlords must reflect timely payment, no more than 3 late payments, sufficient notice of intent to vacate, no complaints regarding noise, disturbances or illegal activities, no unpaid NSF checks, and no damage to unit or failure to leave the property clean and without damage at time of lease termination.
Pet Policy (A pet application has to be filled out for each pet.) See Pet Application on page 7 if applicable.)
Additional fees and deposits are waived for service animals. No pets (with the exception of medically necessary pets) of any kind are permitted without the specific written permission of FPM Properties. in the lease document, and an addendum to the lease. Some properties may require higher application fees or higher rent amounts. The following pets will not be accepted under any circumstances: GERMAN SHEPHERDS, DOBERMANS, PIT BULLS, CHOWS, ROTWEILLERS, STAFFORDSHIRE TERRIERS, PRESA CANARIOS, AKITAS, BELGIAN MALINOIS, CANE CORSOS, DOGO ARGENTINOS, WOLF HYBRIDS, GREAT DANES, TOSA INUS, FILA BRASILIEROS, MASTIFFS, ALASKAN MALAMUTES, WOLF HYBRIDS, AND HUSKIES. Mixed breeds of any of the above will not be permitted.
Security Deposit -Security deposits are security for faithful performances by tenants of all terms, covenants, and conditions of the lease agreement and tenants may not dictate that the security deposit be used for any rent due. Unless claimed due to a breach of lease or damages, the security deposit is refundable when the tenants move out of the property at the expiration of the lease term.
Occupancy Standards - Current occupancy standards are a maximum of two persons per bedroom, except for children under 4 years of age. However, some city and county municipalities and/or homeowners associations prohibit more than two (2) unrelated adults to reside in a single family dwelling unit. Consequently, FPM Properties., also prohibits the rental of a single family dwelling to more than two (2) unrelated adults.
Processing an application normally takes between 2-3 days. In some cases approval of homeowner associations, condo associations, homeowners, or unforeseen circumstances may require some applications to take longer. You will be contacted immediately upon determination of approval or denial. All adult applicants over the age of 18 must submit a fully completed, dated and signed rental application and application fee.
No rental property will be held vacant for more than two (2) weeks, unless approved by FPM Properties
Any exceptions to our company’s criteria will need to be submitted in writing to FPM Properties for consideration. If approval is then given for such exceptions, additional security, co-signers, and/or additional higher rent payments may be required. No verbal agreements will be executed or honored. Any agreements must be in writing and signed by both parties.
Disclosure: First Place Management Properties, LLC is "not" a real estate brokerage and does not lease or sell properties.
All sales and leasing activities are conducted through FPM Properties, dba. & First Place Management, Inc. both are licensed Florida Real Estate Brokerages.
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