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A $75 application fee and $200 administration/move-in fee is required per applicant/student at the time of application. Each applicant/student must have a guarantor. THE APPLICATION FEE IS NON-REFUNDABLE.

By paying this Administrative/Move In Fee, you are guaranteeing that you will rent this apartment (if approved) and are asking the Owner to cease efforts to rent this apartment to somebody else. Your Move In Fee WILL NOT BE REFUNDED, but will be retained by the Owner as Liquidated Damages if you fail to (a) complete necessary documents, (b) sign a Lease, or (c) take occupancy of the apartment. Your Move In Fee WILL NOT BE REFUNDED if your application is rejected because it contains false or misleading information. Your Move In Fee WILL BE REFUNDED if your application is rejected for any other reason.

We run tenant screening reports on all applicants and guarantors. A residential tenant report will be obtained on all applicants from RHR Information Services, Inc., 7900 West 78th Street, Suite 400, Edina, MN 55433. Telephone (952) 545-3953.

Equal Housing Opportunity. Kleinman Realty Co. (“KRC”) is an equal housing opportunity provider. KRC does not discriminate on the basis of race, color, creed, national origin, religion, sex, gender identity, marital status, sexual preference, familial status, status with regard to public assistance, disability or any other protected status under applicable law or city ordinance. KRC will review any complaint by any applicant who feels they have been treated unfairly or has been subject to discrimination by a KRC agent or employee. Applicants must be a college student with verifiable documents of enrollment. All applicants and guarantors must be 18 years of age or older. All applicants must meet the following criteria.

Application Fee. a) KRC charges each adult applicant a $75 NON-REFUNDABLE application fee. b) This fee must be submitted with the Application.

False or Misleading Applications. Your application must be filled out completely and accurately, and an incomplete application may be rejected or not processed. Any false, misleading, or omitted information, on, or in connection with, an application is a basis for denial, and if discovered at a later date, is a basis to terminate or evict under any Lease signed based on misleading or incomplete information. Each applicant/student must complete an application and must also provide a completed guarantor application and guarantor agreement.

Business Relationship. The relationship between a landlord and a tenant is a business relationship. A courteous and businesslike attitude is required from both parties. KRC reserves the right to refuse rental to anyone who is verbally abusive, swears, is disrespectful, makes threats, has been drinking, is argumentative, or in general displays an attitude at the time of the apartment showing and application process that causes management to believe we would not have a positive business relationship.

Occupancy Limits. Occupancy limits are necessary to promote clean, quiet and comfortable living. Any person proposed to be added to a unit must be approved by management before moving into the unit.

a) No more than two adults may occupy a studio (efficiency) apartment;
b) No more than two adults may occupy a one-bedroom apartment;
c) No more than four adults may occupy a two-bedroom apartment;
d) No more than six adults may occupy a three-bedroom apartment.

Credit History. Bank and credit references will be checked. An adverse credit history may be grounds for rejection, including any record of unpaid housing or utility debt, high debt, accounts in collection, and open or recent bankruptcy. Your application may be denied if your credit report contains negative information that is directly relevant to you as a resident, including owing amounts to prior landlords or utility companies, a heavy debt burden with high collections activity, bankruptcy or foreclosure, or repeated late payments toward credit obligations. A negative credit history may be grounds for denial.

Criminal/Public Record History. Management will screen for criminal/public record history. In Minneapolis, the lookback period for the age of convictions followed is such that persons with a misdemeanor within 3 years, a felony within 7 years, or some felonies within 10 years, will be denied. An open or pending charge may be a basis for denial. An applicant that has been convicted of the illegal manufacture or distribution of a controlled substance, or that is a member of a household subject to a lifetime sex offender registration, will be denied.

Eviction History. Evictions within 3 years where a prior landlord received a judgment or a writ of recovery, or evictions within 1 year where the case was settled with no judgment or writ of recovery within 1 year before the application period may be grounds for denial of your application. Evictions that resulted in a dismissal or judgment for the applicant are not a basis for denial.

Housing History. You must provide the name and last known telephone number of each landlord/property manager/lender for each address you have had for the last two years. KRC accepts references only from independent landlords, lenders, and management companies. References from relatives or roommates will not be accepted. Failure to disclose an address of record in the last two years is grounds for denial of an application. The refusal of a prior landlord to give a reference may be a basis for denial. Negative reference, may be grounds for denial of your application. If you are a first-time renter, a previous landlord reference is not required.

Income. a) The applicant(s) must have gross (before taxes) monthly income of 2.95 times the monthly rent. b) An applicant must have verifiable, reliable and predictable sources of income. c) Verification of income source(s) must be submitted with the application, or as requested by Management.

APPLICANT ACKNOWLEDGES AND AGREES THAT:
a) A non-refundable Application Fee will be paid per applicant. b) An Administrative/Move In Fee is due at the time of application submission to hold your requested home. c) This application, and application of each prospective occupant, are subject to approval and acceptance by Management. d) If this application is not approved and accepted by Management, the Administrative/Move In Fee shall be refunded.

It is understood that the premises are to be used as a residential dwelling to be occupied by not more than the persons listed on this application, and the occupancy is subject to possession being delivered by the present occupant. Any and all property placed in the Premises shall be at the Applicant’s risk and the Applicant shall insure the same. Applicant is being made for the premises in its present condition, unless otherwise indicated.

Guarantor Access The Applicant authorizes Management to provide the Guarantor with full access to all lease-related information, including but not limited to lease documents, payment history, account balances, charges, notices, and communications. The Applicant further authorizes the Guarantor to make payments on the Applicant’’s behalf and to communicate with Management regarding the Lease and related account matters.

THE FOLLOWING WILL BE REQUIRED AT MOVE IN:

• Pay prorated amount of the first month’s rent and any other fees required per lease (i.e. utility fees, internet fees, parking, etc.)
• Provide Proof of Current Renter’s Insurance
• Valid Government Issued Photo I.D.

Should applicant(s) desire to cancel this application, after 24 hours of approval, the administration/move-in fee will be retained unless the application is ultimately denied by Management, as outlined above. The Administration/Move In Fee will be applied as Liquidated Damages to Owner’s loss of marketing time and will not be refunded to the Applicant, as outlined above.

Administration/Move In Fee will also be retained by Owner, and not refunded, if (1) the Rental Application is not accepted because it contains false or misleading information or (2) you sign the lease, but fail to fulfill the terms of the Lease, as outlined above.

The Administration/Move In Fee will be returned to the Applicant for reasons other than Applicant supplying false or misleading information, as outlined above. Payments made with a Credit/Debit Card will be returned to the card they were issued from.

Exceptions/Acceptance with Conditions. Exceptions may be considered for applicants that do not have a housing history because they are first time renters, are students, or are new immigrants to this country, or due to income or credit reasons. Exceptions are at the discretion of Management and depend on the overall strength of the balance of the applicant’s application and/or the application of the guarantor.

Refund Procedure. In accordance with local Ordinances, applicants are allowed to choose a method for return of the application fee if KRC either (a) accepts more than one application and fee for a rental unit, or (b) rejects the applicant for any reason not listed in the owner’s written application criteria. KRC is in compliance with these Ordinances because it does not accept more than one application and fee for a rental unit and the reasons for denial of an application are listed above. However, in the event that either should occur, please choose a method for return of your application fee, or if your application is denied and your Administrative/Move-In Fee is to be returned: (1) Mail the check to the address on the application; (2) destroy the check; or (3) hold the check for pickup by you (applicant) upon one business days’ notice. Where the application fee or Administrative/Move In fee are paid by credit card, KRC will issue a credit to the card used for the payment.

Policy Compliance and Changes. Management believes this screening criteria complies with Minnesota law and, where applicable, Municipal Ordinances relating to resident screening and deposits. Management reserves the right to change its rental selection criteria and rental application policy, including the amount of any required deposit, at any time without prior notice, as may be desirable for Management’s own business purposes or as might be advisable or recommended under applicable law.

APPLICANT ACKNOWLEDGES AND AGREES THAT:

This application, and the application of each prospective occupant, are subject to approval and acceptance by Management.

It is understood that the premises are to be used as a residential dwelling to be occupied by not more than the persons listed on this application, and the occupancy is subject to possession being delivered by the present occupant. Any and all property placed in the Premises shall be at the Applicant’s risk and the Applicant shall insure the same. Applicant is being made aware of the premises in its present condition, unless otherwise indicated.

The Applicant named above desires to enter into a Lease Agreement with the Community named above, and the Community, acting as agent for management and all Owners, requires security in exchange for entering into a Lease Agreement.

The Guarantor named above is willing to give such security, and the Guarantor and Resident will be jointly and severally responsible for full performance of all the Resident’s obligations under the Lease Agreement and its attachments.

The Guarantor acknowledges and agrees that they shall have full access to all lease-related information, including lease documents, payment history, account balances, charges, notices, and communications. The Guarantor is authorized to make payments on behalf of the Resident and to discuss the Lease and related account matters with Management.

THE GUARANTOR AND THE RESIDENT WILL BE OBLIGATED TO:

• Complete a rental application and qualify according to the Community’s selection criteria, adhere to all conditions of the Lease Agreement, Addendums, and the Community Rules, and ensure prompt payment of rent and other charges associated with the Lease Agreement, with the understanding that rent is payable in total for the lease term.
• Pay for any and all damages to the apartment while the Resident is in possession of the apartment and/or obligated under the Lease Agreement.
• If the Resident or the Guarantor are in violation of the Lease Agreement or if the Lease Agreement is not fulfilled in its entirety, both the Guarantor and the Resident may be named in any and all court proceedings, shall be subject to any judgments resulting from court proceedings, and shall be named on any accounts turned over to collection agencies.
• The Guarantor agrees to pay reasonable attorney fees associated with the enforcement of the Lease or Guarantor Agreement and/or the collection of any and all monies due to the Community, and all remedies against the Resident shall apply to the Guarantor as well.

This guaranty applies to the Lease Agreement with the above Lease Date and shall be valid and continuous through the Lease Term and any renewals of the Lease Agreement and any transfers to other apartments within the same Community. The Lease Agreement may be extended or renewed and shall be subject to and covered by this guaranty without further notice, authorization, or signature of the Guarantor. This Guarantor agreement will not be affected by amendments, changes, or relets of the Lease Agreement.

Management (acting as agent for owner of the premises), Resident and Guarantor agree to the terms of this Guarantor Agreement as written both above and below these signatures and on the Lease and any attachments that may be part of the Lease. All Residents and Guarantors are jointly and severally liable for all terms of this Guarantor Agreement which is part of the Lease Agreement.

I/WE authorize Rental History Reports to do a complete investigation of all information provided above. I/we have personally filled in and/or rev­­­iewed all information listed above. I/we understand failure to complete this form completely and truthfully may result in denial and/or retention of deposit. A complete investigation may include any or all of the following: Credit report, verification of employment and income, criminal/public record history search, rental history references (including MHPA) and personal interviews with above references.

I/we understand that I/we have a right to make a written request within 30 days to receive information pertaining to this report if I/we are not accepted based on information contained in the report.

I/we authorize Rental History Reports to provide to the credit grantor federal and state records of employment and income history, including state employment security agency records. This authorization is for this transaction only and continues for one (1) year unless limited by state law, in which case the authorization continues in effect for the maximum period allowed by law, not to exceed one (1) year.

My signature below authorizes all above listed companies to release rental payment information, job history information (including salary) and criminal/public record information.