Residential Lease Application Requirements

Tenant Selection Criteria and Applicant Requirements:

Each applicant over the age of 18 must fill out an application (no exceptions) and submit a $50 non-refundable application processing fee for each individual ($70 for married couple). The application fee must be received before we will complete the verification process. We accept payments online with a credit or debit card, cashiers check, money order or cash (delivered to our office). NO PERSONAL CHECKS. We THOROUGHLY verify all applications before presenting them to our clients. If you do not meet these minimum requirements, you should contact us before submitting your application in order to discuss your particular situation:

INCOME: On most of our properties, the gross monthly income for all tenants should be at least (3) times monthly rent amount. Some may require (4) times monthly rent amount as income.

EMPLOYMENT: We require verifiable employment history for at least the past three (3) years. If you are self-employed, retired, or not employed, we can accept such documents as signed tax returns (2 years minimum), W-2s, bank statements (personal, not company/business), paycheck stubs (provide last three months), or any other documents that provide proof of applicant's ability to pay the rent.

CREDIT HISTORY: Credit score requirements will vary depending on the property. ELDA Management Services/CRG requires the running of our own credit and background reports.  We will not accept any outside reports.

RESIDENCY: We require verifiable residence history for at least three (3) years whether you currently own or rent. No collections from apartment complexes, excessive late or NSF rent payments, property damages, broken leases, unpaid rent, etc.

PETS: Pet policies and deposits vary from home to home. Some of our Owners have a "No Pet" Policy, so please contact us to determine the pet policy for this home. Pets are approved on a case-by-case basis depending on the owner's independent requirements.  None of our homes permit dog types that may have violent tendencies, including but not limited to: Pit Bulls, Dobermans, Rottweilers, Chows, nor any other similar breeds and cross breeds. All Pet deposits are Non-Refundable.

APPLICANTS WILL BE DECLINED for the following or similar reasons: False, inaccurate, or incomplete applications; Evictions, judgments related to rental residency, felony convictions and out of prison or jail less than 7 years, multiple felonies, physical or violent crimes, domestic violence, sex offenses; and/or appearance on any sexual or terrorist database.

ACCEPTANCE AND MOVE-IN PROCEDURES: Once application is approved, the Applicant has until 5:00 PM the following BUSINESS day to deliver the Deposit to our office (if not already done) and return the signed lease. ALL funds must be in money order or certified funds (first months, security deposit, and pet fee) made out to Elda Management Services. We will not accept CASH for any reason. You also CAN NOT pay this online. During this time, we will not remove the Property from the market; however, we will not process any further applications or present any other offers.

Keys are to be given out between 9:00 AM and 5:00 PM M-F (NO EXCEPTIONS) as we do not give keys out on weekends

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