Qualification Criteria

Age Requirements:

• Applicants must be 18 years of age or older, unless deemed to be an adult under applicable law with respect to the execution of contracts. Each person who is 18 or older will need to submit a separate Lease Application and Lease Application Fee.

 Income Requirements:

1. Monthly income must equal approximately three (3) times the monthly rent.
2. If we are unable to verify income, a current paycheck stub will be required.
3. If applicant is unemployed the application will be denied unless acceptable proof of income from other sources is provided.
4. Self-employed applicants must provide two years’ tax returns or a P & L statement acceptable to ANGEL WOOD MANAGEMENT

A background screening will be completed on all applicants to verify credit worthiness. Angel Wood Management will determine a rental score for each applicant. The rental score is determined from an analysis of information found in each applicant's consumer credit report, application and previous rental history. The consumer credit report may include payment history, bankruptcies, number and type of accounts, collection activity, outstanding debt and credit inquiries. 

A criminal background check will be completed for each applicant. The Lease Application will be denied for the following criminal convictions:

• For felony offenses involving crimes against children, sex-related offenses, homicide, kidnapping, and drug sale, manufacturing, or distribution, or any felonies within the past 10 years.
• For misdemeanor offenses involving crimes against persons, property, or animals, financial crimes;(e.g. bad check, identity theft, fraud), and other drug, prostitution, and/or weapons related offenses within the past 3 years.

Residents or occupants who are convicted of any of the foregoing after this Lease Application, may be subject to forfeiture of Lease Application Fees or eviction if conviction occurs after move-in. 

 All applicants must present valid government issued photo identification. Identification issued by any state or federal authority of the United States includes but is not limited to:

• A state-issued driver’s license
• State-issued identification card
• US passport or passport card
• Permanent resident card/Green card
• Non-US citizens and other lawful aliens may provide a valid foreign passport as acceptable identification.

Applicants will be required to provide a Social Security Number (SSN) or Taxpayer Identification Number (TIN) at the time of application.  Any applicants unable to provide a SSN/TIN will be considered as long as:

1. All other requirements of the applicant identity policy have been met
2. Co-applicant has provided a valid SSN/TIN

 If a guarantor is required for applicants who do not meet the credit requirements, the guarantor is subject to the same guidelines as applicants. The guarantor must complete a separate Lease Application and pay a Lease Application Fee. The guarantor will be required to sign a guaranty. If the guarantor is married, his/her spouse will also be required to sign the guaranty but will not be subject to the Lease Application or Lease Application Fee. A guarantor will not overcome criminal, civil court or rental judgment. 

Some homes are in master-planned communities that are governed by HOAs. HOAs typically provide residents with benefits and amenities in exchange for residents following rules and restrictions that help maintain quality standards throughout the community.  These rules and restrictions are laid out in detail in the HOA’s Covenants, Conditions, and Restrictions (CC&Rs).

Some HOA’s have their own resident and lease approval process, which will occur in addition to our review and approval process. In these cases, our approval of your Lease Application will be subject to the HOA's approval. This may take up to 30 additional days to process, depending on the HOA, so please plan accordingly and contact us for more information. You may be asked to provide any additional information, as required by the HOA in its approval process.

It is important to provide accurate and complete information when you apply. Your attention to detail will help ensure that we are able to process your application as quickly as possible. Angel Wood Management has a no blank spaces policy for completion of New Resident Application.