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RESIDENT ACCEPTANCE POLICY FOR
Badger Properties
SCORING: Each applicant's screening report shall be reviewed for three types of
adverse information: NEGATIVES, TERMINALS and REQUIREMENTS. If THREE or more
NEGATIVE items are found in a report, with no extenuating circumstances (example:
temporary loss of job, medical reasons, family emergencies, etc.) the applicant
will be denied. These are the standard scoring criteria, certain owners may require
more or less stringent requirements.
Print Application, Fill in the blanks, and Mail To:
Matt Leonhard
Badger Properties
4928 Kundinger Ct
Raleigh, NC 27606
Or Fax To: (919) 833-9145
Please include $35 Application Fee payable to Matt Leonhard.
No Application will be considered without the Application Fee.
NEGATIVES: The following items shall be considered negative items:
_____ Any two credit accounts that have been rated R2 (30-59 days late) in the last
seven years
_______Any credit account that has been rated R5 (120+ days late) in the last seven years
_______Any two credit account charge off, discharged Chapter 13 Bankruptcy, vehicle
repossession, lien or any unpaid civil judgment in the last seven years.
_______Any rental reference that includes more than 1 late payment or shows more than 1 NSF check
_______Any instance of unauthorized pets or persons occupying a unit rented to the applicant
_______Any instance of improper or lack of Intent to Vacate notice and/or lease broken by the applicant
_______Any employment situation that is temporary in nature
TERMINALS: The following items shall be considered terminal and sufficient to
decline application:
_______Any OPEN bankruptcy
_______Any unpaid rental collection, negative rental OR incomplete reference
_______Any eviction or Unlawful Detainer action and/or any current 3-day or 10-day notice
_______Any income level or combined income level in the case of co-applicants, which does not meet the income requirements
_______Any arrest or conviction or the selling of drugs or possession of drugs with intent to sell, or any arrest or conviction for contributing to the delinquency of a minor
_______Any registered or unregistered sex offender, any arrest for sex offense
_______Any history of disruptive, malicious, violent behavior, or domestic violence
_______Any false or misleading information provided by the applicant on the written application or omission of a material fact.
_______A total of $400.00 or more in unpaid collections in the last 7 years
_______Any criminal conviction, which involves, theft, burglary, robbery, serious offense, or a crime of violence.
REQUIREMENTS: (EXCEPT IN SOME MILITARY CASES) 12 MONTHS OF VERIFIABLE RENTAL HISTORY
THROUGH THE LEGAL OWNER OR PROPERTY MANAGEMENT FIRM OF THE RENTED PROPERTY. FAILURE TO PROVIDE RENTAL HISTORY WILL RESULT IN A TERMINAL.
Circle Appropriate Response: ACCEPT DECLINE CONDITIONAL APPROVAL WITH FURTHER DOCUMENTATION
Printed Name____________________________________________________________________ ____
Signature_______________________________________________________________ ____________
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