Sherman Associates is committed to supporting the Fair Housing Act, as amended, prohibiting discrimination in housing based on Race, Color, Religion, Sex, Ancestry, Handicap, Familial Status or National Origin (additional protected classes may apply based on the location of the property).
Please Read Carefully – By signing this document, you will authorize Sherman Associates to process your application through a third‐party screening agency.
All applicants are subject to approval through a third‐party applicant screening agency. RealPage was contracted to provide the screening services for Sherman Associates. Approvals of all applicants are based on an empirical system that incorporates various credit factors along with other non‐statistical factors to determine overall applicant qualification status. The primary criterion used to determine rental decisions is a statistically based score (RealPage LeasingDesk Score). It is a cumulative analysis from several statistical indicators that calculates an applicant’s overall credit score and then rates the applicant from 0 to 1000, with a high number indication a lower financial risk.
Some indicators used may derive from income relationships, including rent‐to‐income and debt‐to-income rations based on calculations determined from the application and the applicant’s credit record. Other indicators may consider credit worthiness as determined by national credit score other proprietary credit calculations more specific to the apartment industry.
In addition to the RealPage LeasingDesk Score, other factors may impact the overall rental decision of an applicant including criminal background check, rental and eviction histories, check‐writing histories, as well as other indicators. When these non‐statistical factors are combined with the Real Page Leasing Desk Score, an overall qualification for rental result is determined.
The following qualification standards apply to ALL Applicants:
Applications for apartment homes are accepted on a first come, first served basis and subject to the availability of apartment type requested. Rental rates are subject to change without notice.
INCOME AND EMPLOYMENT:
ANY NEGATIVE RENTAL HISTORY MAY BE GROUNDS FOR APPLICATION DENIAL. Negative rental history is described as including, but not limited to any of the following:
JUDGEMENTS & COLLECTIONS:
BANKRUPTCY WILL BE CONSIDERED BASED ON THE DATE FILED:
CRIMINAL BACKGROUND SEARCH:
CRIMINAL OFFENSES WITH NO TIME LIMITATIONS:
OCCURRED WITHIN THE PAST 5 YEARS:
NUMBER OF OCCUPANTS PERMITTED IN A UNIT:
In the event that any minimum requirement contained within this document is in conflict with any Local, State or Federal rule or law, the appropriate Local, State or Federal rule or law will prevail.
All properties built in 2012 or after are smoke‐free communities. There is no smoking allowed in the units, common areas or within the property limits. Many of our older communities are also moving towards smoke‐free housing. If the community you are applying for is smoke‐free, you will also be required to sign an addendum acknowledging that you were made aware of this at the time of application.
CONVICTION CHART CRITERIA:
View Conviction Chart Critera
ANIMAL POLICY ACKNOWLEDGEMENT:
For Property that accepts pets, a pet fee of $300 per animal (Pet Policies vary per property) will be required.
We do not discuss individual background reports with Applicants. You will be provided with the name, address and phone number of the screening company we used, and you must contact them directly if you dispute anything they reported to us about your credit or criminal background results.
Regardless of the circumstance, YOUR RENTAL APPLICATION FEE IS NON‐REFUNDABLE. Please review these policies carefully before submitting an application.
Terms & Conditions
Application Fee: Applicant has paid the sum of $50 (Application Fee) per adult in consideration for Owner taking the dwelling unit off the market while considering the approval of this application. The Application Fee is not a security deposit. The Application Fee will either:
I/We authorize Sherman Associates, Inc. whose address is 233 Park Avenue South, Minneapolis, MN 55415 to investigate my criminal history, residential, employment and income history, assets and credit history for the purpose of housing and/or employment. The source of the information may come from, but is not limited to: credit bureaus; banks and other depository institutions; current and former employers; federal or state records including State Employment Security Agency records; county or state criminal records as follows, or other sources as required. It is understood that a photocopy or facsimile copy of this form will serve as authorization. I understand failure to complete this form completely and truthfully may result in denial and/or forfeiture of deposit. This authorization is for this transaction only and continues in effect for one (1) year unless by state law, in which case the authorization continues in effect for the maximum period, not to exceed one (1) year, allowed by law.
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