A division of Enterprise Realtors
6280 Chester St. Suite 101 Arlington, TN 38002
Phone (901) 451-5201 Fax (901) 451-5204
1. Monthly Net Income must be 3x’s the monthly rent.
(All income must be documented through pay stubs, bank statements or SSI Letters. If you have a Section 8 voucher, income qualifications do not apply)
2. Cannot have any recent rental judgments or evictions within the past 5 years. (If you have rented since your last eviction and have good rental history your application may still be considered.)
3. Must be able to have utilities turned on in your name. (A copy of your most recent utility bill must be provided.)
4. Cannot be a convicted felon or have lengthy or recent arrest history. (A criminal background check will be performed on all applicants.)
5. Must be current with your monthly rent at the current home you are leasing. (Landlord references will be verified.)
Dear Prospective Tenant,
We would like to thank you for considering one of our homes as your next place of residence. We hope that the home/homes you have viewed today have met your expectations and will fulfill your family’s needs. If you are ready to move forward with leasing one of the homes, please fill out the attached application. Please fill out all three pages COMPLETELY. Below you will see a checklist of items that will need to be provided to us along with the completed application. Please be sure to fill out the application completely and provide ALL items listed below. THE APPROVAL PROCESS WILL BE DELAYED IF ALL INFORMATION IS NOT RECEIVED.
Verification of income that you earn or receive: Two MOST RECENT pay stubs with year to date earnings. Any documents supporting SSI, child support, alimony, retirement payments, and/or Section 8 RTA packet. If you are starting a new job, you will need to get a letter from your employer on company letterhead stating starting date, position and income.
Copy of your most recent MLGW bill: Lessee must be able to get utilities in their name to lease from MSHR.
Signed Release Form: This is the third page of the application and MUST be signed by ALL applicants on the lease. This form allows us to contact your previous landlord, run a credit report and verify employment.
Application Fee: $35.00 and $15.00 for each additional applicant; payable by money order or cashier check, CASH NOT ACCEPTED!!!!!!!
You can mail, fax or e-mail these items to our office.
*If you fax or e-mail the application you will need to mail a money order or cashier’s check for the application fee payable to Mid-South Home Rentals to the address above before we can complete the application.
Fax: (901)451-5204 Attn: Chris, Tommie, or Rhonda
E-Mail: email@example.com or firstname.lastname@example.org Mail: See address above.
We also have a drop box at the UPS store located at 1 Il S Highland Street Memphis, TN 38111. You can take packet there and ask them to put it in our box. If you choose to drop it off there, please call the office and let us know it is there so that there will be no delay in picking it up.
**WE REQUIRE ANYWHERE FROM THREE (3) TO FIVE BUSINESS DAYS
FOR PROCESS OF YOUR APPLICATION. WE WILL CALL YOU IF WE HAVE
ADDITIONAL QUESTIONS ABOUT YOUR APPLICATION. **
If you have any questions about the application process, please feel free to contact us at any time.
Director of Operations
Mid-South Home Rentals
Please read these conditions before signing this application.
All homes are by default NON-Smoking properties. Tenant hereby agrees not to engage in any criminal activity, including illegal drugs and illegal use of firearms. Each pet will be charged a Non-Refundable $300.00 fee and must be previously approved by Mid-South Home Rentals. This condition of pet ownership applies through the duration of your tenancy with Mid-South Home Rentals.
A Non-Refundable processing charge is payable with this application. Applicant understands that the processing fee will not be refunded under any circumstances or applied to any monies for lessor. Processing charges are $35.00 per application and $15.00 for each applicant thereafter. In the event of more than one resident, each resident understands he/she is jointly and separately liable for each provision of this contract. Lessor agrees to either approve or disapprove this application within 72 hours, provided that the Applicant has made available all information required in the application process.
A home pending deposit in the amount of $250.00 is payable at the time of the submission of this application in order to give your application 1st priority. The deposit will hold your application for 7(seven) business days while your income and landlord verification are being processed. Your application must be filled out completely and contain all necessary documents for approval in order for the deposit to give you first priority.
If applicant fails to fulfill these conditions, this application will be deemed to have been withdrawn and lessor or applicant will be under no obligation, however, if applicant changes his/her mind about the unit after being approved, or for any other reason is not able to assume occupancy of the home, the deposit will be retained by the lessor as liquidated damages. If applicant is approved, the home holding deposit only, not the application fee, will be credited towards the security deposit on the property applied for at the time lease is executed on the property. If applicant is not approved, the deposit only, not the application fee, will be refunded to applicant. For refunding purposes, all refunds will be made in the form of a Mid-South Home Rentals company check.
Applicant may submit the full required security deposit to have the property withheld from the “For Rent Market” for a period of the two weeks from the date of submission. The conditions set forth in the preceding paragraphs for the home held deposit apply in the exact same fashion to this full security deposit payment. This deposit placed in the form of a cashier’s check or money order will be refunded no sooner than two working days.
Applicant understands that the giving of false information or tendering a bad check may at lessor’s option breach and void any subsequent lease. Notice in writing may be mailed to resident at the leased premises or delivered to resident in person. Lessor’s failure to deliver possession of the premises at the time agreed upon shall not subject lessor to damages in any amount whatsoever, should applicant be approved to lease this subject property, then his/her rent must be in in not more than twenty-one (21) days from the date of the notice of approval.
I understand that this application is a part of a lease agreement. Also, that as a part of normal procedure for processing this application, an investigative consumer may be obtained whereby information is secured through interviews with persons with whom I am acquainted. This report, if obtained, typically contains information as to my character, general reputation, personal characteristics and mode of living. I have the right to make a written request within a reasonable amount of time for a complete and accurate disclosure of additional information concerning the nature and scope of this report. I understand that I may obtain this information by writing directly to a credit bureau, who will compile this report for a fee.
Facsimile copies of this document, as well as signatures hereon, may, in the direction of Mid-South Home Rentals, be treated as originals.