To comply with Boise City Code Title 5, Chapter 16, effective as of 12/17/19:

Before Verity Property Management, Inc. “Verity” or its agents accept a hard copy or online rental application, each adult applicant must complete and fill out this Rental Criteria & Application Fee Disclosure Form acknowledging the information contained in the form has been disclosed as required by Boise City Code Title 5, Chapter 16. Before an online application will be made available to an applicant that wishes to apply online, each adult applicant must sign the bottom of this Rental Criteria & Application Fee Disclosure Form and a link to the online application will be made available.

1. Disclosure of Application Fee: $30 non-refundable application fee for each applicant 18 and over. This must be paid by MONEY ORDER or CASHIER’S CHECK. Cash or personal checks will not be accepted. The application fee is used to cover the hard cost for processing the credit and national background check, verifying income and rental history references, and the processing of the criminal background check review. Application fees are generally non-refundable unless the hard costs associated with the application fee are not incurred.

2.  Disclosure of Administrative Fee: $150.00 non-refundable administration fee/ lease. This must be paid through the Verity Resident Portal-PayLease. Cash or personal checks will not be accepted. The Administration fee is used to cover the hard cost of processing the lease, tracking, and reporting, and all preparation for move-in's and move out's.  

2. A complete and accurate application must be submitted. Each Adult (18 years of age or older) are required to complete and submit an application and pay the required application fee. Incomplete applications will not be accepted. No one under the age of 18 will be allowed to rent a unit unless they will be occupying the unit with a legal guardian. False information is grounds for denial. If misrepresentations are found after a rental agreement is signed, the rental agreement will be terminated with a 30-day notice of termination. Depending on the accuracy and availability of the references provided, applications may take 1-2 business days to process. If delays are caused by inaccurate or unavailable references, applications will be denied at the open of business on the 3rd business day after receipt of the application. A denied or canceled application may be reconsidered for up to 60 calendar days and maybe reconsidered if new information is made available before the 60th day.

3. Sufficient Income / Resources. Verity requires the applicant(s) to have a verifiable gross recurring income of 2.5 times the monthly rent of the apartment they wish to rent. Proof of income (examples listed below)
is required to be submitted with the application paperwork or the application will not be accepted. If multiple adult applicants are applying for the same apartment, they must meet the combined minimum gross monthly income requirement of two and a half (2.5) times the monthly rent. Examples of Proof of Income may be, but are not limited to:

A. Most Recent Paystubs (1 months’ worth) *confirmation of continued employment required via phone call, email, or fax with the employer. Temporary employment is not considered “continued employment.”

B. VA letter of recurring monthly benefits

C. Social Security Income Statement for the calendar year

D. 6 months’ worth of bank statements with verifiable income deposits, cash deposits are not
considered towards the income or non-traceable deposits.

E. Statement of Food Stamp Benefits

F. Child Support Court Order or Health & Welfare Agreement

G. Pension Benefits

H. Previous Years Tax Return & 6 months’ worth of bank statements

I. Bank Statements reflecting proof of ability to pre-pay lease. If prepayment is required because the applicant is below minimum income requirements, prepayment will be due at the time of move-in.

4. Positive rental history or housing references. It is the applicant’s responsibility to provide management with current contact information for all rental history provided. The minimum contact information required
is a name/business name, phone number, fax and/or email address along with the address and occupancy date range for the rental is also required to be provided on the application. Verity only accepts 3rd party rental references from current or previous landlords. Verity does not accept rental reference letters directly from the applicant(s). Verity requests and requires the following minimum information
regarding rental history from previous or current landlords:
   A. Length of Occupancy- Start and End Date
   B. Rental Rate
   C. Timeliness of Payment History and/or late payment history
   D. Unit Condition During Occupancy
   E. Would the landlord rent to the applicant again?
   F. *If additional information is provided by the landlord with/without the minimum requested information, the information is taken into consideration by Verity Property Management, Inc.

*Rental references from family members are not considered towards the rental requirement.

Positive rental references: In order for a returned rental reference to be considered a positive rental reference the following criteria must be met:

   A. 12 months rental history

   B. An applicant has/had given satisfactory notice to vacate (30 days written notice as required by Idaho Law)

   C. An applicant has/had no more than two (2) late payments in a 12 month period.

   D. The Applicant left the apartment in satisfactory condition

   E. The landlord is willing to re-rent to the applicant and/or at a minimum “if qualified, they will rent to them again.”

Poor rental references: A poor rental reference from previous or current landlords may result in denial of the application. If a rental reference is returned and meets any of the “poor rental reference criteria”, the applicant may still qualify but at a higher deposit. Poor references may include but are not limited to the following:

A. Length of Occupancy that does not meet the minimum history requirement of 12 months

B. More than Two “2” late payments in a 12 month period.

C. Excessive Damages to property

D. Positive Eviction History within the last 10 years

E. Open, Closed or Pending Collection Accounts

F. Rule Infractions, Disregard for the condition of lease agreement during occupancy

G. Resident under current lease agreement obligations that postdate the desired move-in date
and/or have not provided the landlord with proper notice to vacate

H. Balances owed to a current/previous property management company or landlord as a result of damages.

I. Balances owed to a current/previous property management company or landlord as a result of past due rents or legal fees.

J. Evictions within the last 10 years.

6. Criminal History. Everyone is welcome to apply for tenancy at properties managed by Verity. Verity complies with rules and regulations of the Fair Housing Act and guidelines established by HUD and its publishings.

Since each applicant has a different history, it is only after an application has been completed, submitted and the application fee paid that a determination is made.

Denials may be made for applicants who present a risk of failing to live up to the terms of the rental agreement or poses a threat to the safety and well being of the property, existing tenants, guests and/or staff.

Registered Sex Offenders and applicants with convictions and/or guilty pleas for crimes of a violent or sexual nature will be denied.

7. Government Issued Photo ID. A government-issued photo ID is required for each adult applicant.

8. Availability. Applications will be taken only on properties that are actually available and ready for occupancy or are expected to be ready for occupancy within a reasonable time period. Additional options
are as follows:

A. Waitlist Option: An applicant may consent in writing to be screened and placed on a waiting
list. Waitlist applications will be valid for a maximum of 60 days.

B. Reserved Rental Units: A rental unit will no longer be considered available when an approved
application and a holding deposit are placed on the rental unit.

C. Occupied Available Rental Units: A rental unit may be considered available if a tenant of a unit has declared they will not be renewing their lease, been served a notice of termination or
non-renewal, or have otherwise vacated the property.

9. Holding Deposits: A holding deposit will only be accepted once an application has been approved. An approved applicant will have 4 business hours from the time they are notified of their approval to pay a
holding a deposit to reserve the apartment.

A. A $200 Holding Deposit will reserve the apartment for 1 week from the approval date.

B. A $300 Holding Deposit will reserve the apartment for 2 weeks from the approval date.

Once a holding deposit is paid, it is non-refundable if the approved applicant changes their mind and cancels their application.

If the applicant does not pay the required move-in costs, sign the lease with management, and take possession of the rental unit within the reserved time frame, the holding deposit will be forfeited and the unit will be placed back on the market.

Upon move-in, the holding deposit paid to reserve the apartment will be applied towards the security deposit costs. The date and time that holding deposits are placed on a rental unit will be documented and
on file.

10. Security Deposits: The standard security deposit is $500 if an application is accepted and a unit is selected. In the event that an application is approved with contingencies (requirements for income, rental history, or credit do not meet the minimum $500 Deposit criteria), the applicant will have a higher deposit,
either $750 or $1,000. The deposit amount will be based on higher risk credit history or lack of rental reference history, or poor rental history.

11. Move-in Costs: Verity does not collect last month’s rent at the time of move-in.

A. Approved applicants are required to transfer utilities into their name before they are able to sign the lease, exchange funds, and receive keys to the apartment.

B. Approved applicants are required to provide proof of adequate renters insurance which is outlined in the attached Renter’s Insurance Disclosure form.

C. Applicants moving-in on or after the 23rd day of the month will be required to pay the next month’s rent in full in certified funds before they receive keys. Rent in the current month of move-in is prorated on a 30 day month basis.

12. Application Paperwork & Electronic Correspondence: Within 10 days of the receipt of the application, the applicant will be provided copies of any paperwork or copies of the electronic correspondence generated as a result of the screening process, to the extent permitted by State and Federal Law. 

13. Reasonable Accommodations and/or Modifications: Applicants with reasonable accommodations and/or modifications requests may submit their requests in writing with their applications or at any time of the application process, move-in process, or during their occupancy. Verity and its agents comply with all Federal, State, and Local Fair Housing Laws.

Verity is the exclusive agent and representative of the property owner. Verity complies with all Federal, State and Local laws and Fair Housing laws, and each application is processed without regard to the race, color, religion, sex, handicap, familial status, or national origin of the applicant(s).