Rental Criteria

Welcome, and thank you for applying for an apartment with RK Properties. Please review the following requirements and criteria carefully before submitting your application.

      Separate Applications: A separate rental application must be processed for every prospective occupant 18 years of age or older.

      Application Fee & Holding Deposit: A non-refundable application fee is required per application. A holding deposit is required to reserve an apartment.

      Valid Identification: Each applicant must present a valid government-issued photo ID (drivers license, state ID, passport, or military ID).

Combined gross monthly income must equal a minimum of two and a half (2.5) times the monthly rent. All lawful sources of income are evaluated and accepted. Applications cannot be processed without verifiable proof of income.

A credit and criminal background screening will be conducted for each applicant. Each applicant must provide a valid Social Security number or a valid Visa, Passport, or Green Card number. Applicants must meet the following criteria:

      At least 80% of open credit lines must be in positive standing.

      No charge-offs or public records, including garnishments and lawsuits.

      Any bankruptcy must be fully discharged, with discharge papers retained on file.

Rental and residence history must be verifiable through unbiased sources, including current and previous landlords, condominium associations, property management companies, and private owners. A minimum of one (1) year of verifiable rental or residence history at your current address is required. Mortgage history will be accepted when reported on your credit report.

      Additional Deposit: A deposit of up to one (1) months rent may be required if credit history does not meet the criteria above.

      Co-Signer: Combined gross monthly income must equal a minimum of five (5) times the monthly rent. Co-signers are screened under the same criteria as primary applicants.

      Guarantor Program: A deposit replacement if credit history or rental history does not meet the criteria above.

Applications will be automatically declined for any of the following: eviction by a previous landlord, unresolved judgments, pending or open bankruptcy, or falsification of any information on the rental application.

RK Properties complies with all Fair Housing, federal, state, and local laws and is an equal-opportunity housing provider. Applications are processed in the order received. Once your application and all required documentation are submitted, processing typically takes approximately 24-48 hours, excluding Sundays.