Rental Application Criteria

Property Viewing Requirement

• In-Person Viewing: All applicants must physically view the property before their application is processed. For applicants who are not local or cannot view the property in person, arrangements can be made to accommodate them.

• Special Requests or Negotiations: All special requests must be submitted in writing and will be addressed prior to initiating the application screening process.

Application Fee

• Amount: $50 per applicant. If multiple people are applying for the same property, the fees may be combined into a single payment. Once the processing begins, the application fee is considered due and payable, even if the application is denied.

• Payment: We do not accept cash or personal checks for application fees. Fees must be paid online through our application screening process.

Application Processing

• First-Completed, First-Served: Completed applications are processed in the order they are received. Incomplete applications will be considered pending until all necessary documents are provided.

• Processing Time: Application processing typically takes up to three business days (excluding Sundays and holidays). The processing time may vary depending on how quickly your references respond.

Complete and Accurate Applications

• Application Completeness: All sections of the application must be fully completed. Incomplete or incorrect applications will not be processed.

• Required Documentation: Proof of income and a valid, government-issued photo ID. All occupants over the age of 18 must submit individual applications and required documents.

• Income Requirements: Applicants must show a combined gross monthly income of at least three times the rent amount. Acceptable documentation includes:

  • Employed Applicants: Two most recent pay stubs or three months of full bank statements (name and account numbers must be visible).

  • Self-Employed Applicants: Recent tax returns and three months of full bank statements (name and account numbers must be visible).

  • Newly employed: A letter from the employer detailing the job offer, including salary, start date and term of employment.

  • Retirees/Special Circumstances: Provide bank statements or financial documents to demonstrate the ability to pay rent.

Eligibility Criteria

• IncomeVerification: Applicants must demonstrate a gross monthly income of at least three times the monthly rent. All claimed income must be verifiable.

• ResidentialHistory: Provide a minimum of five years of verifiable residential history (rental or mortgage).

• CreditandEvictionHistory(without rent subsidy): We will evaluate credit, eviction and criminal reports and employment history. A history of evictions or negative credit reports will result in automatic denial. A minimum credit score of 680 is required and must have at least two years of established credit history, free of delinquencies or collections. We adhere to all legally required exceptions to these requirements.

• CriminalHistory: Applicants with felony convictions or certain misdemeanor offenses may be denied residency, based on management’s criteria.

• Non-SmokingProperty: All PRANDI rentals are non-smoking.

Automatic Disqualification Criteria

Applications will be rejected for the following reasons:

• IncompleteorInaccurateApplications: Missing or unverifiable information.

• OccupancyLimits: Exceeding the maximum number of occupants.

• NegativeRental History: Unfavorable rental references.

• Financial Delinquencies: Prior evictions, unpaid debts, or judgments.

• Criminal History: False information about criminal history.

• Identification: Lack of valid photo ID.

• Inappropriate Conduct: Abusive language or behavior during the application process.

Co-Signer/Guarantor Policy

• Local Co-Signer: Co-signers must be residents of the Bay Area and must complete an application, provide required documents and meet the same qualifications as the applicant.

• Limit: Only one co-signer is allowed per property.

Animal/Pet Policy

• Animal/Pet Screening: All applicants must complete a PetScreening profile via our third-party partner, even if you do not have any animal/pets. Visit:https://prandiprop.petscreening.com.

• Pet/Animal Limits: Pet/animal limits may vary by property. Please check the specific listing for details.

• Restricted Breeds: Certain dog breeds may not be permitted, unless approved as service/companion/assistance animals.

Rent Subsidy Information

• Subsidy Options: Applicants with any rent subsidies may present alternative evidence of their ability to pay the tenant’s portion of the rent, such as government benefit statements, pay records, or bank statements.

• Required Documents for Rent Subsidy: All program documents must be submitted with the application. For Marin Housing Authority Voucher Holders, a completed and signed RFTA agreement is required to complete the application process.

• Alternative Evidence (Government Subsidy Applicants):

• Provide alternative evidence of your ability to pay rent (e.g., government benefit statements, bank records).

• Applicants must authorize reports excluding credit reports, such as eviction and employment history.

Approval and Acceptance Process

• Screening and Review Time: The application screening and review process typically takes up to 72 business hours, excluding weekends and holidays.

• Move-In Funds: Upon approval, move-in funds must be paid within 48 hours. Electronic payments may be accepted depending on the time required for funds to clear.

• Lease Agreement: The lease must be signed electronically within 48 hours of receipt.

• Renter’s Insurance: Proof of renter’s insurance is required before taking possession of the property.

• Security Deposit: A minimum of 50% of the security deposit is due at lease signing.

• Lease Set Up Fee: A one-time lease set-up fee of $100 will be charged in addition to move-in funds. This fee covers the cost of preparing and processing your lease documents.

California Health & Safety Code §26148:

Keeping in compliance with the requirements for California Health & Safety Code §26148, please click here for a booklet entitled “Information on Dampness and Mold for Renters in California.” As of January 1, 2022, this booklet must be provided to all prospective tenants.

Non-Discrimination Policy

PRANDI Property Management adheres to all Fair Housing laws and does not discriminate on the basis of race, color, religion, gender, national origin, age, familial status, disability, veteran status, or any other protected class.

Agreement

The applicant affirms that all statements and information provided in the application are accurate and complete. By submitting this application, you authorize PRANDI Property Management, Inc. to verify the details, including conducting credit, criminal, employment, and rental history checks. The applicant specifically authorizes contact with previous landlords and employers, permitting them to release rental and employment history. You also agree to provide additional references if requested. Submission of this application does not guarantee approval. PRANDI Property Management, Inc. reserves the right to share all relevant application records and documents with the property owner.