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STATEMENT OF RENTAL POLICY FOR BROADMOOR VILLAS

  1. We are an equal opportunity housing provider. We fully comply with the federal Fair Housing Act. We do not discriminate against any person because of race, religion, sex, handicap, familial status, or national origin. We comply with all state and local fair housing laws
  2. Apartment availability policy. Apartments become available when they are ready to rent. A vacant apartment will not be deemed available until it has been cleaned, repainted, and repaired for a new resident. We update our list of available apartments as each apartment becomes available. An apartment that was unavailable in the morning may become available later that same day.
  3. Occupancy guidelines at time of move-in or lease renewal. To prevent overcrowding and undue stress on plumbing and other building systems, we restrict the number of people who may reside in an apartment. In determining these restrictions, we adhere to all applicable fair-housing laws.

    One family per apartment with the persons per-bedroom ratios below being met:

    1 bedroom------ 2 people + infant(s) under one year
    2 bedroom------ 4 people + infant(s) under one year

    Roommates must be 18 or older with the persons per bedroom ratios below being met:

    1 bedroom------- 1 or 2 roommates
    2 bedroom------- 3 roommates

  4. Application process. You must submit a rental application and answer all questions on the form. You must pay the non-refundable application fee and application deposit. We will send your application to our screening company, which will check your credit report, criminal history, employment, and rental references to confirm that they meet our rental criteria. If you meet our criteria, we will approve your application.

  5. Rental Criteria To qualify for an apartment you must meet the following criteria:
    1. Income. Your monthly income must be 3 times the amount of the monthly rent. For roommates each one must make 2 times the amount of the monthly rent. You must be able to prove at least one year of employment. If you have been a full time student at any time within the past year, we will require you to have your lease guaranteed. If you are unemployed, you must provide proof of a source of income.
    2. Rental History. You must have satisfactory rental rental references from at least one year with no rental related debts in the past three years.
    3. Credit History. The appropriate credit-reporting agency will be accessed. Information will be verified via the credit bureau.
    4. Criminal History. Any misdemeanor convictions for crimes or acts of violence against persons or property, drug related, prostitution, or felony charges will be denied. Once a probationary time of one year has passed, client will be considered.
    5. Guarantors. (Immediate family only) We will accept guarantor for first time renters and full time students only. The guarantors must pass the same application and screening process that you must pass. In addition, the guarantor's fee is non-refundable, as it pays for the screening process.

American Equity Properties, Inc
American Equity Properties, Inc.