Rudulph Real Estate Inc.

Rental Requirements

PRE-QUALIFICATION:

Each applicant and guarantor is required to have a minimum credit score of 600 and must have gross earnings at least three times the rental price to qualify to view and rent a property. If all applicants pass the pre-qualification process then they will be allowed to view a property. This does not guarantee the application will be accepted. Please return a completed Pre-Qualification Form for each adult (over 18) who will be living at the property along with:

• a pre-qualification fee of $10.00, in CASH or CERTIFIED FUNDS, per applicant
• some form of photo identification, such as a driver license, passport, or military ID

APPLICATION:

Please return a completed application for each adult (over 18) who will be living at the property along with:

• a processing fee of $30.00, in CASH or CERTIFIED FUNDS, per applicant or $20.00 for married couples, plus $10.00 per person for additional applicants
• a CHECK for the security deposit (equal to on month's rent).

Pet's fees may be paid with your first month's rent.

Houses are rented in "AS IS" condition, except as noted on your application. Please be sure to let us know of any condition which would keep you from taking the house "AS IS".

Please read the attached Lease Agreement before signing the application. It is not necessary to return this copy of the lease.

QUALIFICATION REQUIREMENTS FOR RESIDENCY

It is the policy of Rudulph Real Estate, Inc. to thoroughly investigate all individuals applying for residency. Each individual applicant must meet requirements to approve. Individual owners may have higher or lower qualification requirements.

A Guarantor may be requested, at the company's discretion, if the applicant is a full-time student, recently independent individual, or has non-garnishable wages. The Guarantor must me in good standing with his or her credit, must demonstrate stable current employment with verifiable income and must have available assets in the State of Alabama. Identity must be verifiable by a state, or federally, issued form of identification which includes a photograph.

All applications are processed through a professional credit bureau service. Our ability to process your application in a timely manner is dependent upon the thoroughness and accuracy of your responses. We will the inform your of the acceptance, or refusal, of your application. ALL QUESTIONS REGARDING YOUR CREDIT HISTORY SHOULD BE DIRECTED TO THE CREDIT BUREAU. Do not discuss your credit history with the office staff.

The application process includes, but is not limited to, investigation of the following for all applicants and/or Guarantor(s).

1. RESIDENCE HISTORY: Verification of current and pass residences include: length of residency, rental amount, payment history, the absence or presence of complaints, the condition upon vacating, the cost of damages incurred, and history of proper notice given regarding intent to move. A stable rental history is expected of all applicants. If you currently own your residence, your mortgage payment amount and payment history may be verified.
   
   
2. EMPLOYMENT HISTORY – Verification of current employment includes length of employment and monthly gross income of approximately three (3) times the rental amount of the property for which you are applying. Your most recent employment and current employment should be of reasonable length of time and you should demonstrate stability in your employment history. Self-employed applicants must furnish their most recent tax return for review.
   
   
3. CREDIT HISTORY – A full credit history is prepared on each applicant and Guarantor(s). All applicants and/or guarantor(s) are required to have a minimum credit score of 600.
   
   
4. BANKRUPTCY – The application may not be accepted if the applicant has filed for bankruptcy or with debtor's court within the last two (2) years.

Once the application process has begun, the application fee is non-refundable. Any potential problems should be discusses with office personnel when you submit your application. Complete and accurate information will facilitate rapid processing of your application. Any false or omitted information on the application will be considered immediate grounds for rejection of the application. We reserve the right to reject an application for any reason other than race, color, creed, gender sexual orientation, familial status, religion or national origin.