Rental Application

Thank you for your interest in leasing a property with Renaissance Properties Management LLC!

1. Application form:

a) Please complete our secure online rental application with current, accurate information. If the application is incomplete or missing information, it will not be processed. 

b) All applicants age 18 and older are required to complete an application. For minor children, we only require names and dates of birth.

c) A valid government photo ID is required to verify identity (driver’s license, state-issued ID, military ID, passport, etc.). A copy must be uploaded during the application submission or it can be emailed to application@renaissancepm.net 

d) The co-signatory agreement is only required if a co-signer is necessary for an application to be approved. The intentions of a co-signer are to ensure the financial oblations of the lease are met. A co-signer may be necessary if the following conditions apply:

• full-time student
• lack of credit history
• part-time employment
• lack of rental or mortgage history

A co-signer may not be used if an application is denied because of poor credit history. If any of the conditions mentioned apply, please contact a Renaissance Properties Management LLC representative to see if your application may need a co-signer. In order to co-sign, a co-signer must complete an application and qualify as a potential tenant.

2. Submitting your application:

a) We must receive the application fee in the amount of $68.00 at the time you submit your application. Please have your credit/debit card ready when you are applying online. Once you input the required information, you will be directed to the second page to pay the application fee of $68.00. 

b) Please include a copy of a valid government photo ID of any person over the age of 18 residing in the household. 

c) The completed application may be submitted through our website, faxed, dropped off, or mailed to our office located at 117 South 5th Street Richmond, IN 47374. We have an overnight drop box on the door that may be used after hours. We strongly encourage you to use our secure online application to apply for one of our rental properties. 

d) The application must be signed. Applications without signatures will not be processed.

3. Verifications:

a) Once we receive your application, our office will obtain a copy of your credit report. It is our policy not to accept a copy of the report provided by an applicant as we need to ensure the information is as current as possible. Favorable credit history is imperative to be approved. An application may be denied based on credit for the following reasons, but not limited to:

• open collection from a utility company
• bankruptcy in the last 12 months
• civil court judgment
• previous landlord collections
• foreclosure in the last 12 months
• mortgage payments in arrears within the past year
• credit card payments in arrears within the past year

b) Two (2) of your most recent paycheck stubs must be included with each application. In order for approval we require your gross monthly household income to equal or to exceed 3 times the monthly rent of the property you are interested in. For example, if your monthly rent is $500, your net monthly income be must at least $1,500.

c) Renaissance Properties Management LLC may deny an application based on outstanding landlord debt. You must have favorable leasing history within the past year to qualify. Favorable history includes, but not limited to:

• on-time rental payments
• no returned checks for insufficient funds
• no lease violations
• no damages

4. Security Deposit:

a) A deposit is equal to the amount of one month’s rent. This is non-negotiable. 

b) We will hold a property for any period of time less than a month with an approved rental application, a Security Deposit, and a Finalized (signed) Lease. We begin leases on the first of the month and end them on the last day of the last month of the Lease.  We will pro-rate a partial month at the beginning of the Lease if a tenant wants to take a possession earlier than the first of the month.

c) The above mentioned Security Deposit will act as a holding deposit until such a time the Lease is finalized. An applicant has five (5) days from receipt of the Lease paperwork to complete and return the finalized Lease. Should the applicant fail to finalize the Lease for any reason, Renaissance Properties Management LLC reserves the right to retain the Security Deposit and to lease the property to another applicant. 

d) Once we receive an approved rental application, a Security Deposit, and a Finalized (signed) Lease, the property will be taken off the market and no other applications will be processed.

e) Upon move-in, this deposit will serve as a security deposit for the duration of your tenancy.

5. Pets:

We love pets and welcome them to most of our properties, however, pets have the potential to cause property damage and significantly increase liability for the property owner. Therefore, the privilege of housing a pet at one of our properties comes with extra responsibilities and obligations. Pets must be approved before being brought into the household.  An annual pet inspection might be performed to ensure no damage to the property has occured.