RESIDENT QUALIFICATION ACKNOWLEDGEMENT

In order to assist in your search for a new apartment home, we are providing the requirements we use to qualify applicants for residency at this community. Nothing contained in these requirements shall constitute a representation that all residents and occupants currently residing in our community have met or currently meet these guidelines. Each person age 18 or older who will live in the apartment home must apply and satisfy these requirements. Subject to applicable laws, our requirements include, but are not limited to, the following criteria.

NON-REFUNDABLE RESERVATION FEE

In order for an application to be considered complete, a one-time Non-Refundable Reservation Fee of $220.00 must be paid in full in order to be sent for screening. The Non-Refundable Reservation Fee is a one-time fee charged per unit in order to remove the home from online marketing availability. This fee is charged in addition to the individual fee to process an application for residency for each household member over the age of 18.

An application will not be considered complete for screening until all required application documents have been received, the application has been fully executed, and all applicable application, reservation, and administrative fees have been paid.

The Non-Refundable Reservation Fee may only be refunded in the instance of a denied screening result or the cancellation of the application by no fault of the applicant. Applications that receive a standard or conditional approval do not qualify for refund.

IDENTIFICATION

Applicants must present a valid government-issued photo identification card for each person age 18 or older.

APPLICATION REQUIREMENTS

To facilitate timely processing, applicants are responsible for providing all documentation reasonably requested to verify identity, income, employment, and any other information necessary to complete the application and screening process.

Applicants who do not upload all required verification documents during the application process must provide all requested documentation within twenty-four (24) hours of submitting their application. An application will not be considered complete until all required documentation has been received. Failure to provide the requested documentation may delay processing, impact apartment availability, or result in denial of the application.

INCOME

Applicants must collectively have verifiable income in an amount not less than 2.5 times the rental rate.

Applicants are required to provide acceptable verification of income. Acceptable documentation may include, but is not limited to:

• Current pay stubs covering the most recent two (2) months.
• Employment offer letter (for applicants employed less than two (2) months).
• Bank statements covering the most recent two (2) months.
• Government benefit or award letters.
• Retirement income documentation.
• For self-employed applicants, the prior year's federal tax return or other documentation acceptable to management.

Management reserves the right to request additional documentation as necessary to verify income, employment, or any other information provided by the applicant.

CREDIT HISTORY

We obtain a credit report on each applicant. Our credit reporting agency evaluates credit (which may include rent payment history) as an indicator of future rent payment performance. An unsatisfactory or insufficient finding will result in the requirement of an additional deposit, guarantor, or denial. Applicants are responsible for ensuring their credit history is accurate. If an applicant has placed a security freeze, credit lock, or similar restriction on their credit file, it must be removed or temporarily lifted for the duration of the screening process. Applications may not be processed until access to the applicant's credit report has been restored. Any resulting delays may impact apartment availability.

GUARANTORS

If a guarantor is needed, they must meet the entire qualifying criteria as presented above. All guarantors must have a verifiable source of income in an amount not less than 2.5 times the rental rate.

ADULT DEPENDENT

If there is a person age 18 or older who will reside in the apartment home but who will not be executing the lease documents, that person will need to qualify as an "Adult Dependent." In order to qualify someone as an Adult Dependent you must provide reasonable evidence which may include an Adult Dependent Certification letter from a medical professional (or other person knowledgeable of the dependent needs). This could in certain circumstances simply be visually certified by the management team. The proposed Adult Dependent must be approved through our regular criminal background check and credit screening process. The leaseholder(s) will be responsible for ensuring that the Adult Dependent complies with all community rules and requirements in the lease documents, but the Adult Dependent will not be financially obligated to pay rent or other amounts due under the lease documents.

CRIMINAL HISTORY

We obtain a criminal background check on each applicant who will reside in the apartment. It is possible your application will be denied due to criminal convictions.

OCCUPANCY

We generally follow occupancy guidelines based on two persons per bedroom, plus one per apartment. However, if you need a reasonable accommodation to this guideline, we are always willing to consider any accommodation request and invite you to speak with one of our leasing professionals.

PETS

Please discuss pet-specific policies with the leasing professional for the property in which you are interested in applying. Any restrictions and fees associated with pets do not apply to qualified service or assistance animals.

RENTER'S INSURANCE REQUIREMENT

You may be required to carry a minimum of $100,000.00 Personal Liability Insurance coverage. To satisfy this requirement, you must provide evidence of insurance coverage at initial lease signing and maintain this coverage throughout the entire term of your residency. In addition, we may require that you add our community as an "Interested Party," "Party of Interest," or similar language. Your lease will have additional details about the insurance requirements. Several of our communities offer a Property Damage Loss Waiver which can simplify the process and satisfy the requirement for renter's insurance. Please discuss with one of our leasing professionals for more information.

FAIR HOUSING STATEMENT

We are committed to compliance with all federal, state, and local fair housing laws. We do not discriminate against applicants based on race, color, age, religion, national origin, sex, familial status, disability, sexual orientation, gender identity, marital status, or any other legally protected classification or status. All persons involved with the leasing and operation of our communities receive training on fair housing laws. We will consider requests for reasonable accommodations based upon a disability. We will consider reasonable modification of existing premises, which may be at the expense of the person requesting the modification.

RENTAL RATES AND LEASE TERMS

Original rental rate quotes will be honored for two (2) business days. The rental rate quote is associated with the apartment's availability at the time of your quote, move-in date, and lease term requested. Any changes to the time of the quote, your move-in date, or lease term may require a revised rental rate quote which may result in a different monthly rental rate.

LEASE EXECUTION REQUIREMENT

Once an application has been approved, all lease documents must be executed within forty-eight (48) hours of notification of approval unless otherwise approved by management in writing. Failure to execute the lease documents within the required timeframe may result in cancellation of the application, forfeiture of any applicable reservation fee, and the apartment home being returned to available inventory.

FALSIFICATION OF APPLICATION

Any false statements, omissions, misrepresentations, or falsified information or documentation submitted as part of the application may result in immediate denial of the application.

If an applicant submits falsified information or documentation, Owner/Agent reserves the right to retain all application, reservation, and administrative fees paid as liquidated damages, to the extent permitted by applicable law.

APPLICANT APPROVAL ACKNOWLEDGEMENT

Applicant acknowledges and agrees that the criteria referenced above will be considered in the qualification process. Applicants who do not meet the requirements referenced above will be declined or be subject to additional requirements, including, but not limited to, additional fees, deposits, additional rent, or providing a guarantor.