Application Policy

Rental Application Policy

Thank you for applying with Pasco Property Management LLC for your housing needs. In order to best serve you, we feel it is imperative that you are made aware of, and fully understand our application policies and procedures.

Each adult over the age of 18 years needs to submit an application. Our screening is a two part process. The initial application is free.  Once we review that to ensure you meet the basic minimum requirements, we then process a more in-depth and formal background check. The formal background check and application fee is $30 per adult and it is  non-refundable.

Before you apply for the home, read the following information carefully concerning the approval process. If you have any questions, contact our Leasing Coordinator by using the Contact Us web form during business hours. Monday to Friday 9 am to 5 pm EST.

Pasco Property Management LLC fully complies with the Fair Housing Law. We do not discriminate against persons because of race, color, religion, sex, handicap, familial status, national origin, or age. We also comply with all state and local fair housing laws. Approval is based on eight factors:

1. Identification Verification
2. Credit History & Verification
3. Rental History & Verification
4. Income History & Verification
5. Employment History & Verification
6. Criminal Background
7. Pet Criteria (Addendum Attached) “Petscreening.com Pet, Animal & No-Pet Profile”
8. Completeness of Application

Please read this document carefully before signing. It is the policy of this management company that applications must be complete and all fees paid prior to submission for consideration. All completed applications are processed in the order they are received (Mon-Fri, excluding Holidays). All approved applications for the same property may be submitted for final decision with the best fit and qualified candidate being selected.  If there are any lies, misinformation or the such, the application will be automatically declined.

An application will contain:

1. Signed Pasco Property Management LLC General Rental Criteria, Rental Application Policy and Procedures Form
2. Signed Pasco Property Management LLC Privacy Notice (Full Addendum Attached)
3. Pasco Property Management LLC Residential Lease Application; (One for each individual 18 years and older)
4. $30 Application/Background Check fee for each Pasco Property Management LLC Residential Lease Application submitted

Required Supportive Documentation:

1. Valid Driver's License or other Photo ID for each Residential Lease Application submitted
2. Verifiable Proof of Income: (Last 2 months of pay stubs or Last 2 years of tax returns if self-employed/1099)
3. Proof of Funds: (Last 2 Months of Bank Statements)
4. Pet Screening Profile

General Rental Criteria

Good Rental History:

If you have an eviction due to non-payment, we may offer you an option to pay an extra month of Security Deposit to secure a property. However, an eviction due to property damage by the resident will not be accepted under any circumstances. No history of any damage to the residence, or an outstanding balance due to a previous landlord. If you have no prior rental history then you must have a qualified cosigner - the cosigner must be a resident of Florida, have a good credit history and be willing to sign the lease. We can accept base housing as rental history.

Verifiable Gross Income:

Minimum of three times the rent charged on the residence. Section 8 vouchers and certificates may be accepted. The resident must meet the same criteria as those seeking non-subsidized housing. The ideal rolling positive balance in your bank accounts is equal to 1 Month of Rent & No recurring history of overdrafts. If Required Supportive Documentation for Verifiable Proof of Income is not available, we may require a higher Security Deposit or a Rhino Protection Policy due to the risk of non-verifiable income/funds.

Credit History:

Credit history must show that the resident has paid bills on time and does not have a history of debt write-offs or accounts that have gone into collection. Residency may be denied due to poor credit history. Contingent on your credit, a specific deposit amount will be required.  A Rhino Policy may be available to qualified applicants. All lease holder's credit scores are averaged. See below:

Credit Score 600 or above: Protection Amount of 2x the Monthly Lease Amount Cash Deposit.  A Rhino Policy may be  available to qualified applicants in lieu of the 2x Monthly Deposit.

Credit Score 550-599: Protection Amount of 3x the Monthly Lease Amount Cash Deposit. A Rhino Policy may be  available to qualified applicants in lieu of the 3x Monthly Deposit.

Credit Score 1-549 will be determined on a case by case basis.

*Qualification and Pricing for the Rhino Protection Policy are set solely by Rhino. Setup takes less than 30 seconds to find out your policy details.

**According to Rhino: "Most renters with a thin credit file or less than a 599 credit score do get a denial [for qualification for a Rhino Policy]."

In those cases, a Full Cash Deposit would be Required.

Co-signers are eligible to help increase your credit score if needed. Qualified co-signer’s Credit Score must have a minimum of 700 or higher.

Example:

Applicant Credit Score = 550 + Co-signer Credit Score = 700, Average Credit Score = 625

Maximum Occupancy:

Please note that these are the maximum number of occupants who may occupy homes with the number of bedrooms noted:

2 Bedrooms - 4 Occupants

3 Bedrooms - 6 Occupants

4 Bedrooms - 8 Occupants

Roommates: 3 or more adults, non-related persons will be considered roommates. In a roommate situation, we require a 3 month Security Deposit.

*Qualification and Pricing for the Rhino Protection Policy are set solely by Rhino. Setup takes less than 30 seconds to find out your policy details.

**According to Rhino: "Most renters with a thin credit file or less than a 599 credit score do get a denial [for qualification for a Rhino Policy]."

In this case, a Full Cash Deposit would be Required.

Non-Disparagement Clause: You will be required to sign a Mutual Non-Disparagement Clause with your lease. This Clause protects yourself and Pasco Property Management LLC and Robert Bello from disparaging comments, verbally or in writing that could be injurious to business, reputation, property or disparaging comments which are false. (Addendum Attached)

Upon Approval:

Once you have been notified of your approval, you will receive an invitation via email to eSign your lease and pay your Lease Deposits. The lease will be sent out for the agreed upon move in date through Docusign for you to review and sign online. You can come in person to sign the lease if you wish. You will have 24 hours to review, sign the lease, and pay any monies due once it has been sent to you. After the lease has been signed and deposits made, we will take the property off the market. Once all fees and prorated rents have been paid we will, on the  morning of your lease start date, have an associate perform a move-in inspection with you and provide you the keys to the property.