Minimum Rental Requirements For Dillion Property Pros Inc.

• Positive picture ID is required for all rental showings and rental applications.
• Each applicant must qualify individually.
• Applications must be filled out completely and signed.
• Student rental applications with no prior rental history may be required to have a lease co-signer.
• Co-signers must pay a $20.00 application fee prior to processing of rental application.
• Approved rental applications will hold the rental unit for 24 hours , after 24 hours we will continue to market the property for rent.
• Non-smoking units ( if available) are reserved for non-smokers with no smoking allowed on the premises, including yards and common areas.
• Applicants must be at least eighteen (18) years old to enter into a lease agreement.
• Pet deposits (for approved location’s only) are required at time of lease signing.

Rental Requirements:

• One year verifiable residence history from a third party landlord is required or a co-signer may be required.
• Home ownership shall be verified by submittal of tax assessor’s statement or by credit report.
• One (1) or more three-day notice (pay rent or vacate) from past landlord will result in denial.
• Two (2) or more NSF checks in past two years will result in denial.
• Rental history reflecting any unpaid past due rent or damage balances due past landlord or management will result in application denial.
• Any past unlawful detainer action or eviction will result in denial.
• Any rental history upon which previous landlord or management refuses to re-rent to applicant will result in denial.
• Rental history reflecting property damages, not paid for, will result in denial.
• Rental history reflecting past, disturbance of the peace, complaints may result in denial.
• Rental history reflecting pet violations will result in denial.

Income Guidelines:

• Income Guidelines may be waived for full time student applications or a Co-signer may be required.
• Monthly income must equal approximately two (2) times monthly rent.
• If the monthly income does not equal approximately two times the monthly rent an additional one months prepaid rent or qualified co-signer may be required.
• Co-signers income should equal five (5) times monthly rent.
• Unemployed individual(s) applications will need to provide some form of verifiable income source.
• Tax returns, bank statements, paychecks, or employer confirmation are acceptable income verifiers.
• Non-married roommates are jointly and severable (individually) liable for all rents due on rental unit.

Credit Requirements:

• Good credit is required.
• The non-existence of an existing credit rating may result denial or require a lease Co-signer.
• Outstanding bad debt(s) being reported on credit history report may result in denial or require an additional month(s) pre-paid rent.
• Collections on credit report may result in denial or require an additional month(s) pre-paid rent.
• Non-discharged bankruptcy(s) on credit report will result in denial.
• Discharged bankruptcy(s) on credit report may result in denial or an additional month(s) pre-paid rent.

Automatic Application Denials:

• Registered sexual predators or offenders.
• Any felony offense.
• Any criminal conviction where the applicant has been out of jail less than 10 years.
• Any criminal offense of physical or violent nature against people or property.
• Collection efforts filed by past landlord or property management companies.
• Any past unlawful detainer action or eviction.
• Incomplete or unverifiable information on rental application.
• Discrepancies between rental application and verified information.
• Any rental history upon which previous landlord or management refuses to re-rent to applicant(s) will result in denial.

Dillion Property Pros Inc.

3213 S. 3^Rd. Place Terre Haute Indiana 47802

For questions please contact our office Mon.-Fri. 8am - 5pm