Tenant Qualification Criteria

CPM will process all complete applications upon receipt.

The application process typically takes 24–48 hours but may take longer, depending on how long it takes to obtain employment and rental verifications. Ensuring that your application is completed, in full, will help shorten the time to process and provide you with an approval or denial.

The Conquest Property Management, Inc. Tenant Advantage Program (TAP) is designed to provide convenience and valuable, professional services to our residents. By applying to lease with CPM, tenants agree to be auto-enrolled in the program and agree to pay an additional $25.00 each month, payable with rent. This program includes benefits such as HVAC Filter Delivery, Online Tenant Portal, Waived Late Fee, Utility Concierge, Inspection Reschedule and more! Participation in this program may vary due to the property specifications. The cost of the program is all-inclusive.

CPM requires all tenants carry liability insurance ($100,000) for damage to the landlord’s property for no less than the following causes of loss: fire, smoke, explosion, backup or overflow of sewer, drain, or sump, and water damage during the term of their lease. Applicant agrees to either provide proof of insurance prior to the move-in date or be automatically enrolled (fees apply). Applicant agrees to name CPM as an interested party on the insurance policy.

CPM does not pre-screen applicants. To submit an application with CPM, be sure that you are applying for a specific property.

CPM highly recommends physically viewing the property before applying.

Identification — A copy of your driver’s license, state picture I.D., Visa or Passport will be required at the time of application submission.

Rental History — Current and previous rental history must be verifiable. Any unpaid rental collections, evictions, property damage beyond normal wear and tear, or a previous landlord’s refusal to re-rent shall be grounds for denial. If you are currently under lease with another landlord and (1) you will be breaking the lease or (2) you have not given your required notice to vacate to your current landlord, your application will be denied. Relatives are not accepted as rental references. Please be sure to provide all contact information for current and previous landlords.

Income Requirement — Applicants may be denied if the total gross income does not exceed 3–4 times the amount of the monthly rent. Income must be verifiable from an unbiased source (i.e., paystubs from employer, tax returns and/or bank statements). Unemployment compensation, alimony and/or child support will not be considered income unless you can show a valid court order that requires payments to be made and a proven history of consistently receiving payments. Employment history must be verifiable for a minimum of 2 years. If an applicant is self-employed, the applicant must submit prior 2 years’ tax returns and last 12 months’ bank statements.

Credit — A credit check will be performed and used for approval. Your credit report must show trade lines demonstrating your ability to meet your financial obligations. Applications may be rejected for unpaid collections or judgments, amounts owed on delinquent accounts, amounts past due on accounts, numbers of delinquent accounts and/or too few accounts rated “current.”

Notice to or from Co-Applicants — Any notice CPM gives you or your co-applicant is considered notice to all applicants and co-applicants.

Signature — Our receipt of this application is consent only to this Application Agreement. It does not bind us to accept an applicant.

Agency Disclosure — CPM agents are acting as agents for the landlord and do not represent prospective tenants. Although CPM agents may show “For Lease” properties to prospective tenants, they are not acting as tenant representatives.

Application Approval — We will not hold any vacant property for more than 14 days from the application approval date. Upon application approval, the security deposit must be paid within 2 hours of approval. Once the deposit is paid, it is non-refundable. If the deposit is not paid in full in the allotted time frame, the property will be leased to the next qualified applicant. Unless Landlord and Applicant(s) enter into a separate written agreement, the Property remains on the market and Landlord will continue to show the Property and accept applications until your qualified application is approved, the security deposit has been paid in full (within 2 hours of approval), and the Lease Contract is signed by all adults and all co-applicants within 3 business days of approval.

The Lease Contract — The Lease Contract must be signed within 3 business days after we give you our approval in person, by telephone or by email. If you or any co-applicant fails to sign as required, we may keep the security deposit as liquidated damages, and terminate all further obligations under this Agreement. Once the Lease Contract has been signed, and the lease terms have been fulfilled, your security deposit will be fully refundable upon move-out, depending on the condition of the property.