Tenant FAQs

• Can you hold a place before I apply?

  Our properties are leased on a first-come, first-served basis. To secure a rental, we recommend submitting a completed application along with all required documentation and fees as soon as possible.

• Do I pay first month’s rent and last month’s rent with my security deposit?

  Move-in costs vary by property. In most cases, tenants pay the first month’s rent and a security deposit prior to moving in. Some leases may also require last month’s rent.

• How old do you have to be to apply?

  Applicants must be at least 18 years old or the legal age to enter a binding lease agreement.

• Is the deposit refundable?

  Yes. Security deposits are refundable if there’s no damage beyond normal wear and tear and all lease terms are met. Any applicable deductions for unpaid rent or damage will be itemized.

• Who needs a cosigner?

  A cosigner may be required if you do not meet income, credit, or rental history qualifications. Cosigners must meet financial standards and sign a guarantor agreement. (We do not accept cosigners on our applications/leases)

• You have a property I want to rent. How do I apply?

  Applications can be submitted online only.. You'll need to complete the application form, pay the application fee, and provide proof of income and identification.

• How do I pay rent?

  We encourage tenants to use our online portal for easy, secure rent payments. Other options may include auto bank transfer, check, or money order, depending on your lease terms.

• I want to get a pet. What do I do?

  Always review your lease and contact management first. Some properties allow pets with an additional deposit or monthly pet rent. Others may have restrictions.

• I want to move out, but my roommate wants to stay. What do I do?

  All tenants are responsible for the lease term. If one person plans to stay, they may need to re-qualify or find a replacement tenant, subject to management approval.

• My lease expiration is coming and I want to move out. What do I do?

  Most leases require written notice before vacating. Please check your lease for the required notice period and submit your intent to move out in writing before that deadline.

• Who is responsible for paying for repairs & maintenance requests?

  We handle all routine maintenance. However, tenants are responsible for damages resulting from negligence or misuse. All maintenance requests should be submitted through the tenant portal.

Tenant Criteria

The following guidelines were written to let you know about our rental policies and procedures. This will help to assist in processing your application in the most timely and efficient manner possible.

At 43 Realty we are committed to complying with all applicable laws, including Fair Housing Laws, and do not discriminate based on religion, race, creed or color, marital status, gender, national origin, physical or mental disability, medical conditions, sexual orientation, age or any other consideration made unlawful by federal, state or local laws. We are an Equal Opportunity Housing Company. All information submitted is used collectively to qualify each applicant. The best qualified applicants will be accepted.

1. Rental Screening Criteria

43 Realty has a comprehensive screening process to ensure applicants meet the necessary qualifications to rent a property. Below are the key criteria:

• Application Requirements:
  • All applicants aged 18 or older must complete an application and pay a non-refundable $75 application fee.
  • Multiple applications may be considered for the same property, and the most qualified applicant will be selected.
• Identification:
  A government-issued photo ID must be provided for each applicant.
• Income Verification:
  • At least six (6) months of employment with the current employer is required, and a minimum of three (3) years of verifiable employment history is preferred.
  • Transfers or relocations require proof of a job offer or transfer letter
  • Active military applicants must provide a current LES and demonstrate an assignment of at least 12 months.
• Residence History:
  • Verifiable rental or homeownership history for the last three (3) years is required.
  • Applicants must provide landlord contact information. Evictions within the past five (5) years will result in denial, and broken leases may require an additional deposit.
• Credit History:
  • A credit report will be obtained, and applicants must have a credit score of 550 or higher to qualify.
  • Past-due amounts owed to landlords or utility companies are grounds for denial.
• Criminal Background Check:
  • Background checks are conducted for all applicants aged 18 or older. Applications will be denied for violent crimes, domestic violence, illegal substances, or any history of required sex offender registration. Exceptions for specific offenses may be considered based on type and age of the offense.
• Other Conditions for Denial:
  • Income less than 2.5x the rent.
  • More than three (3) late rent payments in the past year or evictions within five (5) years.
  • A debt-to-income ratio exceeding 52%.
  • Failing to disclose all occupants, inaccurate information, or unverifiable details.
• *The tenant selection criteria may include factors such as criminal history, credit history, current income, and rental history. If you do not meet the selection criteria, or if you provide inaccurate or incomplete information, your application may be rejected, and your application fee will not be refunded.

2. Pet Policy

43 Realty allows pets under specific conditions and has a detailed screening process:

• Pet Screening:
  • A separate Pet Application must be submitted through here
  • Applicants must provide details, including type, breed, weight, vaccination records, and recent photos of each pet. Emotional Support Animals (ESA) and Service Animals require supporting documentation from a licensed medical professional.
• Fees and Monthly Charges:
  • A one-time $100 pet processing fee per approved pet at lease signing.
  • Monthly pet fees are based on the pet’s FIDO score, ranging from $20 to $100 per month.
• Breed Restrictions:
  • Restricted breeds include Akita, Pit Bull, Rottweiler, Doberman, Husky, and others. Mixed breeds containing any restricted breed are also prohibited. Restricted breeds MAY BE APPROVED ON A CASE BY CASE BASIS and require additional dog liability insurance of $300,000, naming 43 Realty as “Additionally Insured.” (note: not all homes will be able to approve or accept a restricted dog breed)
• Additional Restrictions:
  • No aquariums larger than 10 gallons.
  • No reptiles, rodents, ferrets, or uncaged birds are permitted.
  • Misrepresentation of pet information or possession of prohibited animals will result in lease termination.

3. Fees and Lease Requirements

• Application Fees:
  • $75 per adult applicant (non-refundable).
• Monthly Tenant Administration Fee:
  • $8.00 per month for ACH payments, tenant portal access, maintenance hotline, and other services.
• Lease Preparation Fee:
  • $100 per lease agreement, including renewals.
• Move-In Fees:
  • $175 move-in inspection fee.
  • If expedited move-in is required (less than 10 days), a $300 rush fee may be applied.
• Additional Fees:
  • Credit card payments incur a 2.95% service fee.
  • Move-out inspections range from $125 to $175, deducted from the security deposit.
• Resident Benefit Package:
  • All residents will be enrolled in a mandatory Resident Benefit Package with a base rate of $29/month.
  • The advertised security deposit is a reduced rate based on enrollment in a Resident Benefit Package of $47-59/month. If you opt out of the higher resident benefit package the security deposit will increase by $1,000.
• Off-Schedule Lease Start Policy
  • To ensure the best move-in experience and proper coordination with our maintenance and support teams, lease start dates are limited to Tuesdays, Wednesdays, or Thursdays. These midweek move-in dates allow us to provide timely responses to any initial maintenance issues and avoid potential after-hours emergencies.
  • If a tenant elects to begin their lease on a Friday, weekend (Saturday/Sunday), Monday, or holiday, the following will apply: A Non-Standard Lease Start Convenience Fee of $150 will be assessed. This fee covers the additional coordination, staffing, and potential vendor support required outside of normal business hours.

4. Application Approval and Lease Signing

• Upon application approvalapplicants will be notified via email with move-in details and fee information.
  • The lease will be prepared and sent for signature within 24 hours of the acceptance email.
  • The lease must be signed as soon as possible.
  • All fees must be paid within 2 business days of signing the lease.
  • Payments are accepted only via the online tenant portal, which will be accessible after the lease is signed.
• If the lease is not signed, and payments are not made promptly:
  • The lease start date may be delayed.
  • The home will remain on the market and available to other applicants until payments are completed.
• For leases beginning after the 15th of the month, tenants must pay:
  • Pro-rated rent.
  • First full month’s rent.
  • Security deposit.
  • Any other applicable fees.