Thursday January 06, 2005
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Rental Process:

If you have an interest in any of the rental properties being offered by the Prudential Newlin-Johnson Co., the first step is to actually view the property.  To do this, simply stop by our office at 601 Ohio Street at your convenience.  This can be done Monday-Friday, 8:00 a.m. to 5:00 or Saturday, 8:30 to 12:00.  

Once you have viewed the property and have determined that you are interested in renting the unit, you will need to complete a rental application.  The rental application can be downloaded from this site for your convenience or we have them available in our office.  There is a $50 application that must be paid by the applicant prior to the application being processed.  If the application is approved, the $50 will be applied toward the first month’s rent.  If the application is denied, the $50 will be forfeited to reimburse the owner for administrative expenses. Click here to see the Minimum Qualifications.

Application verification process:

The rental application process takes approximately 2-3 hours once the application is received in our office.

The first step of verification involved running a credit report.  We are linked directly to Equifax and can access a credit report immediately.  In order for an application to be approved, the applicant must have a good credit report.  In other words, we verify that payments to creditors have been made as agreed and that there are no outstanding collection items or judgments in your name. 

The second step of verification involves contacting previous landlords (if applicable).  This is done to verify rental payments have been made in a timely fashion and that any lease agreements have been fulfilled.

The final step of verification involves contacting current employers.  If you have been employed for less than six months with your current employer, we will also require the name and contact information of your previous employer.

What Happens Next:

Once a rental application has been approved, we will contact the applicant via the telephone.  Prior to releasing keys to a property, the first month’s rent, the security deposit, and any pet deposits must be paid in full.  Prudential Newlin-Johnson Co. will hold a property for up to seven days with the payment of the security deposit.  The rent and any other deposits will then need to be paid within that seven days or prior to occupancy.

If the application is denied, a letter will be forwarded to the application informing them of the reasons for the decision, as well as contact information for Equifax.   

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