Qualifications
APPLICATION FEES: $50 (subject to change)
All application fees:
- If the applicant is denied for not meeting criteria, the fee is nonrefundable. If the applicant doesn’t respond within 24 hours for additional information, the fee will not be refunded.
- If the application is not processed, the fee will be returned within 15 days.
- Applications will be processed in 1st come 1st approved.
- Units cannot be held for more than 10 days. Please check with the leasing agent for extenuating circumstances.
- All applicants must fill out a Pet Screening application regardless of if they have a pet. The process cannot move forward until that is completed. It is free to the applicant
https://elevatedmanagementgroup.petscreening.com
Pet fee for rents above $1000:
$500 Non-Refundable Pet Fee (no more than 2 dogs or per the owner’s contract)
$25-35 monthly Pet rent per pet (no more than 2 dogs or per the owner’s contract)
*subject to management approval
Pet fee for rents below $1000:
$300 Non-Refundable Pet Fee (no more than 2 dogs or per the owner’s contract)
$25-35 monthly Pet rent per pet (no more than 2 dogs or per the owner’s contract)
*subject to management approval
Qualification Criteria Rents above $1000:
Minimum Credit Score: 600
Minimum Income: 3 times the rent amount
Qualification Criteria Rents Below $1000:
Minimum Credit Score: 550
Minimum Income: 2.5 times the rent amount
ALL DEPOSITS ARE EQUAL TO 1 MONTH RENT**
Price & Fees
| Fee Type | Amount |
|---|---|
| Online/Paper Application Fee | $50 |
| Security Deposit | Equal to one month’s rent |
| Transfer Fee | $100 |
| Pet Screening | $35 |
| Pet Rent | $35-$50 |
| Pet Fee (non-refundable) | $300-$500 |
| Late Fee | 5% of rent amount |
| Posting Fee – if given 3-Day Notice of Non-Payment | $55 |
| Nonsufficient Funds (NSF) | $35 |
| Court Cost (Albuquerque) | $131 |
| Missed Maintenance Appointments | $55 |
| Rekeying/Replacement of Locks | $125 |
| Work Orders | $45 plus materials |
| Settlement Charges (See Attached) | 3% fee with card |
| Paying Rent Online | $9.99 debit, $2.49 e-check |
| Non-Transfer Utility Fee | $55 |
| Holdover Fee | 1.5 months’ rent |
| Early Termination Fee | 1.5 months’ rent |
| Improper Notice Fee | 1.5 months’ rent |
| Paying with cash through CVS/ACE/7-Eleven/Walmart/Walgreens | $5 processing fee per payment |
| Disclaimer: Properties vary on unitility bill back | – |