Ensure Your Home is in Trusted Hands with Luxe Asset Management

At Luxe Asset Management, we understand that the quality of our tenants greatly influences the rental experience. That’s why we employ a comprehensive set of screening criteria designed to identify responsible and trustworthy individuals for our rental properties. Our rigorous process goes beyond standard practices, ensuring that every applicant is carefully evaluated. We believe that a thorough screening process fosters a positive community environment by leasing our properties to reliable individuals. Our criteria take into account various factors, including rental history, credit checks, and background investigations. This meticulous approach minimizes risks for property owners and creates a pleasant living experience for all residents, thus enhancing the harmony of the communities we serve.

Rental History Evaluation

We assess each applicant's rental history to ensure that they have a track record of timely payments and proper care for previous rental properties. A reliable rental history is crucial in determining an applicant’s suitability.

Comprehensive Credit Checks

Our credit evaluation process aims to understand the financial background of prospective tenants. We look for a stable credit score and history that reflects responsible money management, providing us insights into their ability to meet rental obligations.

Thorough Background Checks

Luxe Asset Management conducts detailed background checks to identify any potential red flags. This includes a review of criminal history and other relevant factors that may affect the safety and quality of life within our properties.

Commitment to Community Standards

Our screening criteria reflect our commitment to maintaining high community standards. By selecting tenants who align with our values, we contribute to a safe, respectful, and enjoyable living environment for all residents.

APPLICANT SCREENING CRITERIA AND DISCLOSURE

Each applicant over the age of 18 years old is required to complete their own application form. It would be in your best interest to confirm that your rental requirements are not outside of our tenant criteria with multiple adult roommates, eviction history, foreclosures, bankruptcies, job loss, minimal income, low credit scores (below 500), unusual pets, large pets, multiple pets, multiple families, or anything that would cause your application to be rejected.

 

Submitting an application wanting to offer less than list price for the home will cause your application to be delayed or rejected. 

WHEN THE ONLINE APPLICATION IS COMPLETED, WE WILL PROCESSYOUR APPLICATION IN THE ORDER IN WHICH IT WAS RECIVED. WE APPROVE THE FIRST QUALIFIED APPLICATION. *MULTIPLE APPLICATIONS MAY BE UNDER REIVEW AT A GIVEN TIME. PLEASE CONTACT MANAGEMENT TO SEE WHERE ON THE LIST YOUR APPLICATION WOULD BE IF SUBMITTED AT THIS TIME.

 

This application, background information, credit scores, rental history, criminal history, and employment verification will be viewed by Luxe Asset Management, LLC, Employees, and possibly the Property Owner. 

 

Lease Criteria in Applying for a Home: Before you apply for a home, read the following information concerning the approval process. If you have any questions, contact our office during normal business hours Monday to Friday 9 AM to 7 PM Pacific Standard Time.

 

Application Process & Screening Criteria: Luxe Asset Management, LLC is committed to equal housing and we fully comply with the Federal Fair Housing Act (FFHA). 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. We offer application forms to everyone who requests one. Each occupant over the age of 18 must complete an application. Approval is based on SEVEN factors: 

  • Credit History
  • Employment Verification and History
  • Income Verification
  • Rental Verification and History 
  • Criminal Background Check
  • Terrorist Database Search
  • Animal Criteria
     

Identification: Each applicant is required to provide a copy of a legible Government issued photo identification card. A photo of your identification card gets attached by applicant to the application. We require ALL applicants over the age of 18 to apply, regardless of family status. 

Verification: Income should be at least three (3) times the monthly rent and verifiable from an unbiased source: employer through pay stubs, tax returns, and/or bank statements. Self-employed income may also be verified with a CPA-prepared financial statement or tax returns. Your employment history should reflect at least 6 months with your current employer. Transfers or relocations must have correspondence showing an accepted job offer. Any verification fees required by the employer must be paid by applicant. Applicants who do not meet the above employment or income requirements must submit Savings Account statements showing a minimum average balance equal to 8 months of rental payments, for the last 6 months.

Employment: We require verifiable employment history for at least the past three (3) years. You must be a permanent employee (not temporary or probationary). If you are self-employed, retired, or not employed, we can accept such documents as signed tax returns (2 years minimum), bank statements, etc. that provide proof of applicant’s ability to pay the rent. If military, we need a current copy of your LES. If you are active-duty military, you must be on an assignment that, to the best of your knowledge, will allow you to complete an initial 12-month lease.

Students: Students attending college may use other forms of income such as student loans and parental support.

Residence History: We require verifiable residence history for at least two (2) years whether you currently own or rent. Applicants are responsible for providing information including the names, addresses and phone numbers, of Landlords with the dates of tenancy for the previous 2-5 years. Rental history must be verified from unbiased sources. Home ownership will be verified from a current credit report. We can accept base housing as rental history. Any evictions within the previous 5 years will be automatic grounds for denial.

Broken leases will be considered on a case-by-case basis and an additional security deposit may be required.

Credit History: We will obtain a copy of your tenant credit score from TransUnion. You cannot provide this to us, we will obtain this ourselves. Credit history should 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. Money owed to a previous landlord or utility company is cause for denial.

Errors & Omissions: Every effort has been made to provide applicants with reliable and accurate information regarding the home you are applying for – however, changes can and do take place to cause inaccurate information to be accidentally presented. We encourage all tenants to verify schools, allowable pets, expected features, or any HOA concerns prior to signing a lease agreement. Any information posted in the advertisement does NOT constitute a written agreement or guarantee of the facts stated.

Criminal, Sex Offense, and Terrorist Database Check: We will check these databases for all occupants over 18. We do not rent to any person required to register as a sex offender. Criminal backgrounds involving violent crimes, sex offenses, domestic violence and/or involving the possession/distribution of weapons or illegal substances are all grounds for denial of an application. An exception may be made for type and or age of offense, please provide details to the Property Manager.  

INFORMATION ON ANIMALS

Rental Criteria for Animals: Animal policies vary from one homeowner to another. Some owners do not permit animals (other than approved service animals) on the property, while others restrict type and/or size of allowable animals. No more than two animals per household are permitted without specific owner approval. On a case by case basis, Luxe Asset Management, LLC will allowfor Restricted Breeddogs that are all or any portion of mixed with the following breeds:

Akita, Rottweiler, Doberman, American Bulldog, Bull Terrier, German Shepherd, Great Dane, Bullmastiff, Husky or Siberian Husky, Chow, Presa Canario, Pit Bull, Staffordshire Terrier, Wolf TypeDog, Combination of Any

Any approved animal may incur an additional monthly fee depending on the owner of the home you have applied for. *Please request this from management. 

Tenants may be evicted for misrepresenting any of the above type of dog, as well as for being in possession of any poisonous, dangerous, endangered species or otherwise unauthorized animal. Our animal policies are strictly enforced and can be grounds for eviction.

Service AnimalsAny requests to allow for certified service animals must be accompanied by current documentation.

We require with your application, a picture of each animal that will be on the property. The approval process and final determination of breed will be the responsibility of Luxe Asset Management , LLC. These determinations are final.

---We may require you to bring the animal(s)to a mutually agreed upon location for a “meet and greet” for final approval---

Depending on the home you are applying for, addition monthly fees or deposit may be due. 

FINAL NOTICE TO ALL APPLICANTS

NOTICE TO ALL APPLICANTS:NO SMOKING is permitted inside the home, garage, or anywhere on the property.

Disabled Accessibility: Any concerns should be submitted in writing to the Property Manager. We must obtain Owner approval to allow modification of the premises. All modifications are at the expense of the disabled person, and the disabled person must agree to restore the premises, at their own expense to the pre- modified condition (provided the modification would affect the use and enjoyment of the premises for future residents). We require written proposals detailing the extent of the work to be done, approval from the landlord before modifications are made, appropriate building permits with required licenses made available for the landlord's inspection, and a restoration deposit may be required per Fair Housing guidelines.

SCHOOL BOUNDARIES: School Enrollment concerns should be investigated prior to submitting your application. Applicants must verify their own school information with the school district. Because of the expansive growth in this region, school enrollments get capped and designation boundaries may change. We highly recommend you contact the local school district should any of the school boundaries be a concern for the home you would like to rent.

***IT IS THE DUTY OF THE APPLICANT TO VERIFY SCHOOLBOUNDARIES***

SEX OFFENDERS: Applicants should satisfy their concerns regarding crime statistics or the presence of any sex offenders in the area, before submitting an application. This information is available free of charge on the internet at the below sites. ***WE DO NOT RENT HOMES TO REGISTERED SEX OFFENDERS***

REASONS FOR DENIAL OF APPLICATIONS:

  • If you failed to give proper notice when vacating a property.
  • If previous landlord(s) would be unwilling to rent to you again for reasons pertaining to your behavior or that of any family member, guest (welcome or not), or any animal on the property during your tenancy.
  • If you have had three or more late payments of rent within the last 12 months.
  • If you have an unpaid collection filed against you by a Property Management Company.
  • If an unlawful detainer action or eviction has occurred within the past five (5) years.
  • If you have recently received a notice to vacate due to non-payment of rent. 
  • If you have less than a 620 combined Trans Union applicant credit score and we are unable to approve you in any additional way. 
  • If you have had two (2) or more NSF checks within the last 12 months.
  • If you have allowed any person(s), not on the lease, to reside on the premises.
  • If we are unable to verify your information, we must deny the application.
  • No Businesses operated from property. If you have a home-based Business that you think we might approve please let the Property Manager know.
  • If you violateany of our terms of serviceduring this application process.
  • Applicant requests re-wording or removing any paragraphs in the Luxe Asset Management, LLC Lease Agreement.

WE ABIDE BY ALL STATE AND LOCAL LAWS

We understand the importance of following fair housing laws, which protect individuals from discrimination in housing-related matters. By abiding by these regulations, we create an inclusive environment that respects the rights of all applicants, regardless of their backgrounds.

It is important to note that while we strive to maintain consistent screening criteria, these items are subject to change based on local law updates or changes in our policies. We are dedicated to keeping our practices transparent and compliant, ensuring that all prospective tenants are treated fairly and respectfully throughout the application process.

©Copyright. All rights reserved.

Luxe Asset Management LLC. 

~LUXE ASSET MANAGEMENT ABIDES BY ALL FAIR HOUSING LAWS~

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