Criteria and Terms
We want the application and leasing process to be as clear and straightforward as possible.
Please review the following rental criteria and standard lease terms before applying for a Tremont Property Management home.
Rental Criteria
• Income Requirements
Applicants must demonstrate a combined gross household income of at least three (3) times the monthly rent.
Income must be verifiable and may include employment income or other documented sources of recurring income.
• Credit Requirements
A minimum credit score of 500 is generally required.
We understand that a credit score does not always tell the full story. Medical and student loan debt may be considered separately when reviewing an applicant's overall credit history.
• Rental History
Applicants should have a satisfactory rental history.
Current or recent evictions may result in an application being denied.
• Bankruptcy
Current or recent bankruptcies may affect rental eligibility and will be considered as part of the overall application review.
• Background Screening
All adult applicants are subject to applicable background and rental screening as part of the application process.
• Document Verification & Accuracy
All information and documentation submitted as part of the application process must be complete, accurate, and authentic.
Tremont Property Management utilizes document verification and fraud-detection methods to identify altered, fabricated, or otherwise fraudulent documents, including income and employment documentation.
Submission of false, altered, misleading, or fraudulent information or documentation may result in immediate denial of the application or, when discovered after approval, may affect continued eligibility in accordance with the lease and applicable law.
Applicants are also advised that intentionally creating, altering, or using fraudulent documents may constitute criminal fraud, forgery, or other offenses under applicable law, including felony offenses in certain circumstances.
By submitting an application, applicants certify that the information and documentation provided are true and accurate to the best of their knowledge.
Standard Lease Terms
• Lease Length
Our standard residential lease term is 12 months, unless otherwise specified for an individual property.
• Security Deposit
A refundable security deposit equal to one month's rent is generally required prior to move-in.
Security deposits are subject to the terms of the lease and applicable law.
• First Month's Rent
First month's rent must be paid prior to move-in.
Additional move-in requirements, if applicable, will be provided before your scheduled move-in date.
• Pets
Many of our properties are pet-friendly; however, pet policies may vary by property.
All pets must be disclosed and receive written approval from Tremont Property Management before being brought onto or kept at the property. Breed, size, and quantity restrictions may apply. Additional pet fees and/or monthly pet rent may also be required.
Unauthorized pets are a violation of the lease agreement. Bringing or keeping an animal at the property without prior written authorization may result in applicable lease violation fees and may subject the resident to further enforcement action, up to and including termination of the lease and eviction proceedings, as permitted by the lease and applicable law.
Residents and applicants should contact our Leasing Team before bringing a pet onto the property to ensure all required approvals and documentation have been completed.
Assistance animals that qualify as a reasonable accommodation are handled in accordance with applicable fair housing laws and are not considered pets.
Before You Apply
Please review the individual property listing carefully, as certain requirements, deposits, utilities, pet policies, or other terms may vary by property.
Meeting the basic rental criteria does not guarantee approval. Applications are reviewed based on the complete information provided and applicable screening requirements.
Have questions before applying? Our Leasing Team is happy to help.
(423) 485-5556
Leasing@chattpm.com