Ittenbach Management, LLC.
Thank you for your interest in an Ittenbach Management rental. Applications must be completed in full by all residents 18 years of age or older. Multiple applications for a specific property or unit will be processed on a date and time basis. The first complete application received will be processed and if approved, all secondary applications will be returned along with the screening fees.
1. General Requirements
a. Government issued photo ID.
b. Inaccurate of falsified information will result in denial of application.
c. Any applicant currently using illegal drugs will be denied. If approved for tenancy and later illegal drug use is confirmed, eviction shall result.
d. Any individual whose tenancy may constitute a direct threat to the health and safety of any individual, the complex, or the property of others, will be denied.
e. Applicants must be able to enter a legal and binding contract.
f. The denial of one applicant will result in the denial of the entire application.
g. Incomplete applications could result in denial of application. Unpaid applications will NOT be considered.
h. To qualify as co-signor, you must fully meet all areas of the criteria, reside in Indiana and must have minimum monthly income of 2.5 times the stated rent.
i. The application process usually takes 2-3 business days to process.
j. Upon approval, execution of rental agreement will be required within 14 days.
2. Income Requirements
a. Gross monthly household income must be at least 3 times the stated monthly rent.
b. A current paycheck stub from your employer will be required.
c. Verifiable income or liquid assets equal to 3 times the total annual rent will be required for unemployed applicants.
d. Self-employed applicants will be required to show proof of income through copies of the previous tax returns, verified through the state.
e. A recorded business name or corporate filing will be sufficient to meet verification of employment.
f. Employment for less than one year may require a higher security deposit of 50%
g. Application will be denied if the legal source of income cannot be verified.
3. Rental Requirements
a. Twelve months of verifiable contractual rental history from a current third party landlord or home ownership is required.
b. Mortgages currently reflecting a past due balance will require an additional security deposit of 25% of the stated monthly rent.
c. Rental history demonstrating residency, will require an additional security deposit equal to 25% of one month’s rent.
d. Five years of eviction-free history is required. Eviction actions that were dismissed or resulted in a judgment for the applicant will not be considered.
e. Three or more 72-hours notices within one year will result in denial of the application.
f. Three or more dishonored checks within one year will result in a denial of the application.
g. Rental history reflecting past due rent and unpaid rent will result in denial of the application.
h. If a landlord gives a negative reference or refuses to give a reference, the application will be denied.
4. Credit Requirements
a. A negative report is considered any non-medical item 60 days past due or greater, collections, repossessions, liens, judgments or garnishments.
b. Negative or adverse debt, or no credit established showing on consumer credit report may require additional security deposits
c. A credit file report containing a discharged bankruptcy will require an additional security deposit equal to 25% of one month’s rent.
d. 1-2 items of past due accounts or collections, will require an additional security deposit equal to 25% of one month’s rent.
e. 3-4 items of past due accounts or collections, will require an additional security deposit equal to 50% of one month’s rent.
f. 5-6 or more past due accounts or collections will require an additional security deposit equal to 100% of one month’s rent.
g. 7 or more items will result in the denial of the application.
h. A foreclosure / short sale of your home within the last three years will require an additional deposit equal to 25% of one month’s rent.
i. Any open bankruptcy that has not been discharged will result in the denial of the application.
5. Criminal History
Upon receipt of the rental applications and screening fees, Agent will conduct a search of public records to determine whether the applicant or any proposed tenant has charges pending for, been convicted of, or plead guilty or no-contest to, any: drug-related crime; person crime; sex offense; crime involving financial fraud, including identity theft and forgery; or any other crime if the conduct for which the applicant was convicted or is charged is of a nature that would adversely affect property of the landlord or a tenant or the health, safety or right of peaceful enjoyment of the premises of tenants, the landlord or the landlord’s agent.
A single conviction, guilty plea, no contest plea or pending charge for any of the following shall be grounds for denial of the rental application. If there are multiple convictions, guilty pleas or no contest pleas on the applicant’s record, Agent may increase the number of years by adding together the years in each applicable category. Agent will not consider expunged records.
a. Murder, manslaughter, Class A felonies involving arson, rape, kidnapping, child sex crimes, where the date of disposition, release or parole has occurred in the last 20 years.
b. Criminally negligent homicide, aggravated vehicular manslaughter and Class A felonies not including above for drug-related crimes, person crimes, sex offenses, financial fraud crimes, burglary, where the date of disposition, release or parole has occurred in the last 10 years.
c. Class B felony for drug-related crimes, person crimes, sex offenses, financial fraud crimes, aggravated theft, where the date of disposition, release or parole has occurred in the last 7 years.
d. Class C felony for drug-related crimes, person crimes, sex offenses, financial fraud crimes, burglary theft, criminal mischief, coercion, animal abuse, where the date of disposition, release or parole has occurred in the last 5 years.
e. Class A misdemeanor for drug-related crimes, person crimes, sex offenses, financial fraud crimes, criminal impersonation, violation of a restraining order, criminal mischief, stalking, disorderly conduct, unlawful possession of a firearm, possession of burglary tools, where the date of disposition, release or parole has occurred in the last 3 years.
f. Class B misdemeanor for drug-related crimes, person crimes, sex offenses, financial fraud crimes, disorderly conduct, where the date of disposition, release or parole has occurred within the last 18 months.
g. Ittenbach Management denies admission to a household if any household member is subject to a lifetime registration requirement under a state sex offender registration program.
6. Occupancy Policy
a. Two persons allowed per bedroom. Bedrooms are defined as a space primarily used for sleeping, with at least a second egress and a closet for clothing.
b. Children under the age of two are allowed as a third occupant when the child resides with a parent or other adult with legal custody.
7. Disabled Accessibility
To accommodate a disability, the existing premises may be modified at the full expense of the disabled person, If the disabled person agrees to restore the premises to the pre-modified condition prior to move-out. Before any modifications can be made, Ittenbach Management must approve all modifications in writing, and of the contractors performing the modifications. Any permits or licenses needed must be provided to Ittenbach Management. A deposit for the restoration may be required.
8. Smoking Policy
Our units are smoke free. Smoking of any type will not be permitted in any of our units; including the garage. Growing medical marijuana on any part of the premises, including common areas is prohibited.
9. Denial Policy
a. If your application is denied due to negative or adverse credit, you may dispute the report by contacting the credit reporting agency on the denial letter in order to identify who is reporting unfavorable information and request it be corrected, if the information is incorrect.
b. If your application is denied due to rental references or lack of verifiable income; that will be explained when you are contacted.
c. If your application has been denied and you believe you qualify as a resident under the criteria outlined above, you may write us and explain the reasons you believe your application should be reevaluated and request a review. Your application will be reviewed within seven (7) working days from the date your letter is received and you will be notified of the outcome.
IF APPLICATION IS APPROVED AND a Rental Agreement is executed, the following verbiage is part of the Rental Agreement:
Tenants will be charged a $50 non-compliance fee for the following violations of their Rental Agreement after one written warning, and a $50 non-compliance fee plus 5% of the monthly rent for all subsequent non-compliance.
· Late payment of utility or service charge owed to manager,
· Failure to clean up pet waste, garbage, rubbish, or other waste anywhere on the premises except inside tenant’s dwelling.
· Parking violations and improper use of motor vehicles on the premises.
· Smoking in a clearly designated no-smoking unit or area of the premises.
· Keeping an unauthorized pet capable of causing damages to persons or property.
· Late fee for late rent is equal to a $20 per day fee.
· $50 charge for dishonored/NSF check, plus bank charges
· $500 for tampering with a smoke alarm and/or Carbon Monoxide Detector
Ittenbach Management, LLC. does not discriminate based on: race, color, religion, marital status, national origin, sex, sexual orientation, familial status, disability or source of income. We comply with all Federal, State and local laws concerning Fair Housing.