User Registration

JC Rental Agency LLC and the Landlord complies with the Federal Fair Housing Act and the New Jersey Law Against Discrimination and is committed to providing equal housing opportunities JC Rental Agency LLC and the Landlord will not discriminate based on race, creed, religion, color, national origin, sexual orientation, sex, disability or handicap, marital status, familial status, source of income or any other protected class in accordance with state, federal and local fair housing laws.

OVERVIEW:

An Applicant is someone who submits a rental application. All individuals at least 18 years of age are required to be applicants for tenancy. Minors under the age of 18 will be considered an occupant. All Applicants and any Guarantor for the apartment must submit an application.

All applicants are subject to review of their credit and rental history, as well as a Housing Court search for prior proceedings with previous Landlords (a “registry check”) and employment verification. The information requested on our application form is for the purpose of being able to obtain these background checks accurately and completely and to verify who will be residing in the apartment. JC Rental Agency LLC and the Landlord are committed to equal housing opportunities; this information will not be used for any lawful discriminatory purpose.

All applicants (including Guarantors) for a particular apartment must submit their applications at the same time. Electronic/digital copies of documents are acceptable; however, the Landlord reserves the right to request original copies. Landlord-required documents must be presented for review when (or before) an application is submitted.

The Landlord, in its sole discretion, makes ALL final determinations as to whether an Applicant is qualified for an apartment.

NON-REFUNDABLE Application Credit Fee: Payable by Money Order, Check or Credit Card. Checks or money orders should be payable to the appropriate building as identified in page 1 of this informational package.

NON-REFUNDABLE Application Credit Fee:

• $50 for a single applicant
• $50 for each additional applicant
• $50 per Guarantor

LANDLORD-REQUIRED DOCUMENTS AND PROCEDURES

1. Proof of Identity:

All Applicants and Guarantors must present a valid, government-issued Photo ID, for example, passport (U.S. or foreign), driver’s license, government-issued identification card, or military identification card.

2. Proof of Income:

Two most recent paystubs or other verifiable proof of current info, and most recent W-2, 1099, income tax return or other official documentation verifying income.

3. Upon approval of a completed application, you will be required to electronically sign the lease, riders, and all other necessary paperwork within 72 hours of notification. Please speak with your leasing agent if you are unable to electronically sign, and arrangements for a hard copy of the lease can be made. All signed leases must be accompanied by payment of first month’s rent and security deposit, payable by ACH, Credit Card, Wire Transfer, or two (2) certified/cashier’s checks: each check should be made payable to your Landlord (specified in your lease) for the first month’s rent and security deposit. The security deposit amount and the potential need for a guarantor will be determined by the screening results.  An individual providing an I-20 to meet Landlord income requirements will be required to pay (1) full month’s rent, however, a guarantor may not be required if credit history is approved. The Landlord will execute your lease and you will receive a fully executed copy via email. A paper copy of your lease can be provided to you upon request. If the lease and the required payments (rent and security deposit) are not received within the 72-hour period, the apartment will be placed back on the rental market.

SECURITY DEPOSIT INFORMATION:

If a lease is issued, the tenant’s security deposit will be deposited into an interest-bearing account. As part of the processing of the security deposit, the tenant will be given an Internal Revenue Service form to complete (a W-9 or W-8BEN form, depending on whether the tenant is a “U.S. person”). The form requires the tenant to provide his/her social security number or taxpayer identification number. This information also helps generate an accurate and complete credit report during the lease application process. Upon move out, the security deposit shall be returned, less any deductions allowed by law, to the Tenant whose name appears on the W9 or W8 when the security deposit was paid.

LANDLORD INCOME REQUIREMENTS:

The following requirements are considered by the Landlord in connection with Applicants’ credit and rental histories, registry check and employment verification.

1. The applicant’s combined gross annual income must be a minimum of 30 times the monthly rent.

2. An individual providing an I-20 as a source of income may be approved if the Landlord’s income requirement is met. One (1) full month security deposit will be required with the lease. Applicants’ credit, criminal and registry history must clear in accordance with the Fair Chance Housing Act.

3. In the event income requirements are not satisfied and/or the credit history is insufficient and/or problematic, a guarantor may be obtained. An individual guarantor must reside in the United States and have an annual income exceeding seventy (70) times the monthly rent or have significant financial resources in the Landlord’s sole opinion to ensure that the rental obligation will be timely paid. An institutional guarantor may serve as a guarantor, but it shall only be an institutional guarantor that has already been screened and approved by the Landlord. A leasing agent can provide the list of screened and approved institutional guarantors
4. OCCUPANCY STANDARDS:

• Studio: Maximum 2 Persons
• 1 Bedroom: Maximum of 3 Persons
• 2 Bedroom: Maximum of 5 persons
• 3 Bedroom: Maximum of 7 persons

All of the procedures and requirements listed in this document are subject to change from time to time and are evaluated in conjunction with your credit and rental histories, registry check and employment verification.

JC Rental Agency LLC and the Landlord are committed to equal housing opportunities. They will not discriminate based on race, creed, religion, color, national origin, sexual orientation, age, sex, disability or handicap, marital status, familial status, alienage or citizenship status, or any other legally protected status.

Newport Rentals does not rely upon any non-public information from other property owners, and it does not share its non-public information with any other property owner, directly or through any third party.