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  • M.A.D. Properties

  • CONTACT US:

    Phone: 870.454.4434

    Email: MADProperties.camden1@gmail.com 

  • Rental Rates:

    NO CASH/CHECK OR MONEY ORDERS ONLY
  • Jefferson Terrace Apartments

    2Bed 1Bath: $800.00

    3Bed 2Bath: $900.00

     

    OakTree Apartments

     2Bed/ 2Bath: $750.00

     

    Gallivan Apartments

    1Bed Studio/ 1Bath: $600.00

    1Bed/ 1Bath: $650.00

    2Bed/ 1Bath: $700.00

  • STATEMENT OF RENTAL POLICY

  • EQUAL HOUSING OPPORTUNITY:

    M.A.D. Properties follow a policy of fair and equal treatment to all persons regardless of race, color, religion, national origin, and familial status, or handicap and in compliance with all Federal, State and Local Laws. We also have a responsibility to ensure the protection of our property, the resident's right to a peaceful occupancy and the owners' financial interest. With this in mind, the following rental policy has been established.

    AVAILABILITY:

    Applications for apartment homes are subject to the availability of the apartment style and location requested. Under no circumstances is an apartment ever reserved without the security deposit paid to the management of Terrace Villa Apartments.

    RENTAL APPLICATIONS:

    Rental applications are to be completed by each applicant. In the case of married couples, one application is required along with the applicable processing fees. For roommates or two non-married adults, each adult occupant must complete an application and pay the application fee. An application must be provided for all adults occupying the apartment before it can be considered by management. Management at M.A.D. Properties will rely on the information outlined on the application and if any information proves to be untrue, the application or subsequent lease may be cancelled and the scurity deposit forefeited.

    APPLICATION FEE:

    A non-refundable administrative processing fee will be charged before an application is processed. This amount is non-refundable regardless of the outcome of the application or the reason for that outcome.

  • QUALIFICATION STANDARDS:

  • CREDIT CHECK:

    A credit report may be required on each individual over the age of 18. The results of the credit report will be evaluated. Un-satisfactory credit can and will disqualify applicants from renting an apartment. Management defines an unsatisfactory credit report as one, which reflects a history of bad debts, unpaid bills, any legal judgments or recent bankruptcy. Recent bankruptcy is defined as being filed with in the last two years. If positive credit has been established after the two-year period of proof considered. If an application is denied due to poor credit, applicant will be notified and provided with the name, address and phone number or the credit bureau to obtain a copy of their report.

    CRIMINAL BACKGROUND CHECK:

    A Criminal Background Check reporting the conviction of specific crimes will result in denial of the application. Specific crimes such as: Violent Crimes, which include any convictions with the use of firearms or other weapons. Crimes of a sexual nature including but not limited to child molestation. Crimes against property or person, such as theft and arson. Convictions of dug manufacturing, sales or distribution.

    HOUSEHOLD INCOME:

    The total gross monthly income should meet or exceed three times the monthly rent. Allowances for other income such as alimony, child support, etc. will require written verification. Attach check stubs to application.

    RESIDENCE:

    Positive rental history is required for any applicant to be accepted. If the applicant does not posses any rental history, a deposit equivalent to one months rent or a guarantor could be accepted. All previous rental or mortgage verifications should reflect an account that was paid as agreed, shows no disruptive conduct, no damage to the property, no balance due or failure to comply with stated lease requirements.

    GUARANTOR QUALIFICATIONS:

    May be accepted in certain circumstances where there is a first-time lessee who does not have rental history or established credit. Guarantors may also be used in cases of persons with limited income, who would otherwise not qualify under or present selection criteria. At no time will a guarantor be used to cover negative credit. The guarantor must have sufficient income that exceeds or equals to their monthly mortgage plus four times the monthly rent. The guarantor must have a positive credit score. The guarantor is required to be present to sign the lease agreement. Guarantor responsibilities include paying of rent, and payment for damages should the resident default in areas of the lease agreement. Guarantor is bound by all statutes of the lease agreement and agrees to comply with all aspects of the lease.

    SECURITY DEPOSIT:

    A full security deposit must be made in order to reserve a specific apartment. If applicant fails to execute a rental agreement or refuses to occupy premises on agreed upon date, all monies given shall be retained by M.A.D. Propeties as liquidated charges. 

  • OCCUPANCY RESTRICTIONS:

    No more than two occupants per bedroom in each floor plan are allowed.

    1 Bedroom: no more than two occupants

    2 Bedrooms: no more than four occupants

    3 Bedrooms: no more than six occupants

    ROOMMATES:

    Each roommate must possess adequate credit and rental history and is fully responsible for the entire rental payment. Each roommate must execute the lease and all applicable forms.

    PETS:

    No animals or birds of any description are allowed.

     

  • DISCLAIMER:

    Square footage on printed material is approximate.

     

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  • APPLICATION TO LEASE

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  • Spouse Information

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  • Name of Other Occupants in Apartment:

    (All unmarried adults must fill out a separate application)
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  • Nearest Relative

  • Emergency Contact

  • Automobiles

  • Pets

  • Current Landlord

  • Former Landlord

  • Eviction Information

  • How did you learn about these apartments?

  • The Management will rely on the above information in consideration of the application and if untrue in any particular, the lease may, at option of Management be cancelled and security deposit forfeited.

    Applicant hereby authorizes management to obtain credit history on any of the above named individuals making application utilizing a credit bureau of management's choice. Such information will be used to establish applicant's credit worthiness. Further, applicant authorizes any of the above named individuals or entities to release information verifying the above stated details.

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