Read on for details about our resident selection criteria and the requirements for becoming a resident of ElaraOne Property Management (Elara). These criteria are subject to federal laws, state laws, city ordinances, and HOA Rules and Regulations, and they may be revised or updated at any time.
Elara is committed to providing fair and equal housing opportunities to all rental applicants.
Any falsification of Applicant’s paperwork will result in the automatic denial of Application and is also grounds to terminate the Lease regardless of when the falsification is discovered.
A credit report will be obtained on all Applicants to verify credit ratings. Elara’s screening provider will return a SafeRent score, which is a mathematical analysis of information found in an applicant’s credit report, application, and previous rental history. Such information may include bill paying history, the number and type of accounts, collection actions, outstanding debt, income, and the number of inquiries in the applicant’s consumer report. The minimum SafeRent score that Elara will accept is 525.
Please note that the credit check is a “soft pull” that will not affect your credit score.
Debt to a previous landlord, evictions within the past year, and open bankruptcies will result in an automatic denial of the application.
A criminal background check will be conducted for each Applicant eighteen (18) years of age or older.
Convictions presented through applicant screening reports pertaining to weapons, drugs, violence, or any other act that poses a threat to household, neighborhood, vendors,employees, or the physical property itself, may result in a denial.
Upon applicant request, Elara will consider other factors when evaluating an Applicant’s criminal history. This assessment may include: (1) the type of crime; (2) the severity of the crime; (3) the facts or circumstances surrounding the crime; (4) the length of time that has passed since the crime; (5) the age of the Applicant at the time of the crime; and (6) evidence of rehabilitation efforts.
Household income must be 3 times the monthly rental amount. Income and employment may be verified. Proof of income that may be requested includes:
Submission of fraudulent income or employment information will result in a denial.
If rental history cannot be verified via the screening process, Elara may request a rental verification from the current landlord. Additionally, some credit scoring results will necessitate an evaluation of verifiable rental payment history.
The application, even if accepted, shall under no circumstances be considered a lease agreement between Applicant and Elara, or an offer to lease. No lease shall exist between Applicant and Elara unless and until the parties enter into a formal Lease Agreement and Applicant pays all required fees, deposits, and advance rent.
Applicant hereby authorizes Elara and Elara’s authorized agents to do whatever background and credit check on Applicant which Elara or Elara’s agents deem appropriate. This may include, among other things, obtaining one or more credit reports on Applicant. Such credit report(s) may be obtained before and during the term of the Lease and after the expiration or termination of the Lease as part of any effort to collect rent, costs, fees, and charges owing under such Lease. Applicant acknowledges that merely requesting such reports may lower Applicant’s credit score and Applicant expressly consents to the same.
The information in the application or obtained as a result of the authorization given herein by Applicant will not be sold or distributed to others. However, Elara and Elara’s agents may use such information to decide whether to lease the Property to Applicant and for all other purposes related to any future lease agreement between the parties, including the enforcement thereof.
Elara and Elara’s agents are committed to providing equal housing opportunities to all rental applicants regardless of race, color, religion, national origin, sex, handicap, familial status, or other protected status.
If application is denied or accepted with conditions, Elara or Elara’s screening provider shall within ten (10) days (or as required by state law) thereafter state the basis for said denial or conditional approval to the Applicant.
We want you to protect yourself and your belongings. That’s why we require a minimum of $100,000 of liability insurance coverage prior to residency. ElaraOne Property Management must be listed as an “additional insured” on the policy.
Pets are welcome, in accordance with local laws, ordinances and HOA regulations, with the completion of a pet addendum and payment of a one-time pet fee and monthly pet rent. Service animals, upon acceptance of supporting documentation, are not subject to the fee or pet rent.