EQUAL HOUSING OPPORTUNITY: Cobalt Real Estate Management follows a policy of fair and equal treatment to all persons regardless of race, color, sexual orientation, religion, national origin, familial status, or handicap and in compliance with all Federal, State, and Local Laws. We also have a responsibility to ensure the protection of our property, the residents' right to peaceful occupancy, and the owner’s financial interest.

Applications for rental properties will be accepted on a first come, first serve basis and are subject to the availability and location requested. To complete this rental application, you must be prepared to provide 3 years of residential history as well as contact information for your rental references. You will also be asked to provide information on your monthly income, and please note that most properties require that applicant(s) combined gross income is at least three (3) times the monthly rent amount.

Rental applications are to be completed by each prospective tenant over the age of eighteen (18). An application must be provided for all adults occupying the property before it can be considered by the Owner's Agent. Owner’s Agent will rely on the information outlined on the application and if any information proves to be untrue, the application or subsequent lease may be cancelled.

Please be prepared to pay the application fee as outlined in the property listing. In addition to this rental application, you will also be required to provide a copy of a valid form of identification (Driver’s License, State issued photo ID, Military ID, Passport) and proof of income (Pay Stub, LES form, W2 Form, or KSIS Account activity).

The maximum number of persons allowed is two per bedroom, plus one in accordance with city codes. The maximum number of unrelated persons over the age of 18 allowed to reside in a unit is four in accordance with city codes.

Cobalt Real Estate Management will look at the following areas when determining the eligibility of an applicant. Credit, Background, Household Income, Residence and need for a Guarantor.

CREDIT CHECK: A credit report is required on each individual over age 18 (with the exception of students residing with parents/guardians). The results of the credit report will be evaluated. Unsatisfactory credit can and will disqualify applicants from renting a property. Cobalt Real Estate Management defines credit report as follows:

CREDIT SCORE CONSIDERATION
585 - 850 APPROVED
535 - 584 APPROVED WITH COSIGNER
534 AND BELOW DENIED
NO CREDIT APPROVED WITH COSIGNER

Note: Employment verification is required prior to credit check. Two (2) most recent pay stubs and/or new hire letter are required to prove employment income.

Cobalt Real Estate Management defines an unsatisfactory credit report as one which reflects a history of bad debts, unpaid bills (leniency will be given for medical bills and/or student loans), any legal judgments (within the last 4 years) or recent bankruptcy. Recent bankruptcy is defined as being filed within the last two years. If positive credit has been established after the two-year period and proof of court ordered bankruptcy dismissal is provided, the application will be considered. If an application is denied due to poor credit, applicant(s) will be notified and provided with the name, address and phone number of the credit bureau to obtain a copy of their report.

BACKGROUND CHECK: A criminal background check will be obtained. A previous felony conviction will cause the application to be denied. Previous misdemeanor conviction for a sex crime will cause the application to be denied. Previous conviction for a crime that is drug related or that involves violence against a person or property will cause the application to be denied.

HOUSEHOLD INCOME: The monthly rent should not exceed 40% of the total gross monthly income. Allowances for other income such as alimony, child support, etc. will require written verification. Students with jobs must provide proof of employment. Students using student loans must provide proof of loan amount.

RESIDENCE: Positive rental history is required for any applicant to be accepted. If the applicant does not possess any rental history a cosigner could be accepted. All previous rental or mortgage verifications should reflect an account that was paid as agreed shows no disruptive conduct, no damage to the property, no balance due or failure to comply with stated lease requirements. Negative rental history will result in application denial. This means that if a previous landlord would not re-rent to you in the future due to your payment history then you will be denied.

GUARANTOR QUALIFICATION: Guarantors may be accepted in certain circumstances where there is a first-time lessee who does not have rental history or established credit. Guarantors may also be used in cases of persons with limited income, who would otherwise not qualify under our present selection criteria. At no time will a guarantor be used to cover negative credit lines that would normally cause an application to be denied. The guarantor is not required to be present to sign the Lease Agreement. Guarantor responsibilities include paying of rent, late fees, utilities (if applicable), and payment for damages should the resident default in areas of the lease agreement. Guarantor is bound by all statutes of the Lease Agreement and agrees to comply with all aspects of the lease. Guarantors are required to complete an Adobe form and provide a copy of Driver's License.

PET POLICY: No animals or birds of any description are allowed without the expressed written consent of the Owner's Agent. A pet deposit will be required paid in full to Owner’s Agent before a pet is allowed on premise. Pet breed, type, and size permissions are property specific and abide by city codes and regulations. Ask Owner’s Agent for property specific details.

The following must be verified, understood, and/or provided to/by Owner’s Agent and Prospective Tenant/Tenant for each pet:
a. Vet verification of required vaccines, weight, and breed of pet.
b. Picture of pet
c. Dogs and cats must be spayed or neutered
d All dogs must be on a leash outside of the rental unit if no fence is provided
e. No aggressive dog breeds are allowed (breed restrictions in accordance with city ordinance)
f. No ferrets or venomous animals are allowed

Unauthorized pets are NOT allowed, regardless of size or circumstance. $250 fine will be assessed per occurrence.

If your application has been accepted, we will offer you the property you have applied for. The next step will be to sign the Rental Agreement, which you must read, initial each page, sign the last page and return to us (this can be done at our office, via email, or via fax machine). Security Deposit equal to one (1) month’s rent will be due in full prior to the Lease (Rental Agreement) being sent for completion by signatures. The security deposit then holds the property for you until time of Check-in. Check-in will be scheduled at a later date per Rental Agreement.

Each resident over the age of 18 must submit a separate rental application.

DO NOT FORWARD THIS LINK TO ANYONE. Each Application is to be completed by one Applicant ONLY.