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Tenants Application

As a company, we do business in accordance with the Federal and State Fair Housing Law and welcome Persons of all Race, Color, Ancestry, Disability mental or physical, Religion, Sex, Gender, Sexual Orientation, Gender Identity, Gender Expression, Genetic Information, Marital Status, Source of Income, Handicap, Familial Status, and National Origin.

Before applying, please understand a few important items:

  1. Alturas PM bases approval on First Come, First Qualified, First Served. Must have a completed application in order to qualify.
  2. Total household monthly income must be a minimum of 2.5x the monthly rent amount.
  3. A credit score of 630 or higher for each application is required.
  4. A minimum of 3 years of residential rental history OR proof of current home ownership.
  5. The application Fee is $45 per applicant.

Criteria & Required Documents

Alturas PM Rental Criteria

  • All applicants MUST complete and submit a SEPARATE rental application at the same time.
  • Everyone 18 years of age or older must apply.
  • Credit score MUST be 630 or above.
  • Applicants must make a combined minimum 2.5 times the monthly rent.
  • 3 years of verifiable rental history. (An immediate family member is not considered a qualified resource).
  • Rental history must be a positive referral.
  • A mortgage statement, if you have lived in your own home vs. renting over the past 3 years.
  • No unlawful evictions.
  • Bankruptcies must have been discharged (additional deposit may be required).
  • All applicants must be able to enter into a legal binding contract.
  • If approved, must provide a copy of rental insurance, prior to move-in. Residents will not be able to move-in without this.
  • Applications to rent are offered to everyone that inquires about a rental.
  • Golden Property Management may take up to 5 business days to approve an application (5 day period may be subject to changes based upon receiving landlord verifications).

Which Documents Must Be Attached during application process

  • Application fee $45 per applicant, NON-REFUNDABLE-FIRM
  • Fully completed application, all applicants MUST submit a SEPARATE rental application at the same time (all requested documentation must be provided)
  • 2 months of pay stubs (if military, current copy LES), or letter of employment (if applicable)
  • 2 months of either a banks statement, or summary page showing your name and current balance
  • Copy of your ID (i.e. driver’s license, military ID, or passport)

Self Employed Must Submit The Following Documents

  • Application fee $45 per applicant NON-REFUNDABLE-FIRM
  • Fully executed completed application, all applicants MUST submit a SEPARATE rental application at the same time (all requested documentation must be provided)
  • 2 months of either a banks statement, or summary page showing you name and current balance
  • 6 months prior of either a banks statement, or summary page showing your name and current balance
  • Copy of business license
  • Copy of your ID (i.e. driver’s license, military ID, or passport)
  • Refer to Employment & Financial Requirements section below, if needed

Apply For A Rental

In addition to this rental application, you will also be required to provide a copy of a valid form of identification, proof of income, and bank statements. Please contact us for more information.

Completed Application

  • Applications are not considered complete until all of the following have been provided: a separate application that has been fully filled out and signed by you and each co-applicant, payment of the application fee in full, and if no item is checked, all are necessary for the application to be considered complete. Any incomplete applications will not be fully processed.
  • To be considered complete, your application must include: a separate application that has been fully filled out and signed by you and each co-applicant, payment of the application fee in full, and if no item is checked, all are necessary for the application to be considered complete. Applications that are not complete will not be fully processed.
  • Your application will not be considered complete until you have submitted a separate application that has been fully filled out and signed by you and each co-applicant, paid the application fee in full, and submitted all required materials. Applications that are not complete will not be fully processed.

Co-Signers

  • A co-signer may be considered if an applicant is conditionally approved. To qualify for a co-signer, all applicants must have a credit score of 630 or above. Co-signers must submit and complete an application and provide the same documentation listed above. In addition to meeting the above criteria, co-signers must:
    • Earn a minimum of 3 times the rent in gross income by themselves.
    • Have a credit score of 700 or above.
    • Live in the State of California.
    • Pay the non-refundable $45 application fee.

    Co-signers must be approved by an Alturas PM representative prior to applying.

Credit Check?

  • Alturas PM must run our own credit check and cannot use outside reports.

Employment & Financial Requirements

Applicants must make a combined minimum of three (3) times monthly rent in gross income as a household. If you are applying with other applicant(s), the monthly income requirements will be combined. Applicants must provide verification of legal income sufficient to meet the rent to income ratio. Examples of verification include, but are not limited to, last two paycheck stubs, payroll print out from employer, previous year’s personal tax return, last two personal bank statements, proof of government income (e.g. social security, disability, welfare, etc.), proof of retirement income (e.g. savings/bank account, stocks), proof of spousal and/or child support, or any other legal, verifiable income.

Applicants who do not meet the income requirements may qualify with a co-signer who meets the income requirements. A co-signer must submit and complete an application and provide the same documentation listed above. In addition to meeting the above criteria, co-signers must:

  • Earn a minimum of 3 times the rent in gross income by themselves.
  • Have a credit score of 700 or above.
  • Live in the State of California.
  • Pay the non-refundable $45 application fee.

Co-signers must be approved by an Alturas PM representative prior to applying.

Application (Non-Refundable)

Applicants must have delivered and/or paid an application fee in the amount indicated above, and this payment partially defrays the cost of administrative paperwork. It’s NON-REFUNDABLE

Credit Requirement

All applicants must have a credit score of 630 or higher. Applicants with credit scores below 630 may be considered with a co-signer who meets the credit score requirement. Applicants with bankruptcies, past due debt, slow pays, collections, repossession, liens, judgments, or wage garnishments may be required to pay a higher security deposit or may be denied the application

Criminal Convictions

Applicants with criminal convictions in the last 7 years may be required to pay a higher security deposit or may be denied application. Applicants who may pose a threat to the health or safety of an individual, complex, or property may be required to pay a higher security deposit or may be denied application.

Move-in-Time Frame

Applicants must move in within 2 weeks of the date the property becomes available. Please check the available date listed in the advertisement prior to applying. If there are multiple applications for a property, your move-in date must be within 2 weeks of the available date in order to be processed first. If you require a move-in date outside of 2 weeks from the available date, you must receive written approval from management. If you have not seen the property in person, you must notify management at the time of application.

Applicant Withdrawals

Applicants may withdraw their application at any time; however, applicants forfeit their application fee if they do so. If an applicant withdraws their application or notifies us that they are no longer interested in renting the property, we are legally entitled to retain all application fees as liquidated damages, and the parties will then have no further obligation to each other. Applicants may pick up a copy of their credit report if they wish to receive a copy (we do not mail credit reports).

Application Approval

An Alturas PM representative will notify the applicant(s) (or one of the co-applicants, if applicable) within five (5) business days after the date the application is received if it is approved. If approved, the full amount of the security deposit will need to be delivered to the office. Once received, the lease agreement will be sent out to all parties for review and signing. Once the lease agreement has been signed by all applicants, the holding deposit of $600 will be due if you cancel your lease prior to moving in. On the day you move in, Alturas PM will collect the remainder of the move-in funds, which will be a full first month’s rent, pro-rated rent (if applicable), plus any pet deposits (if applicable).

The lease term will begin on the move-in date and will continue for a period of 12 months. At the end of the lease term, the tenant may choose to renew the lease for an additional 12-month term.

Please note that the above information is subject to change based on the landlord’s verifications.

Non-Approval

An Alturas PM representative will notify the applicant(s) (or one of the co-applicants, if applicable) whether their application has been disapproved within five (5) business days after the date the application is received (5 business day period may be subject to changes based upon landlord verifications). Notification may be in person, email, or telephone. You must not assume approval until you receive actual notice of approval.

If your application is disapproved, you will be given a reason for the disapproval. You may appeal the decision by submitting additional information or documentation. If your appeal is successful, your application will be reconsidered.

If you have any questions, please do not hesitate to contact an Alturas PM representative.

Holding Deposit (Non-Refundable)

Once the applicant(s) have been approved, the security deposit is due in order to hold the property. The security deposit is due in full within five (5) business days after the date of approval. The security deposit is refundable, minus any damages to the property, if the tenant vacates the property at the end of the lease term.

The holding deposit is non-refundable and is not a security deposit. The holding deposit will be credited towards the required security deposit at move-in. If the tenant fails to move in on the move-in date as per the executed lease agreement, the holding deposit will be retained by Alturas PM as liquidated damages.

Keys or Access Devices

We will provide keys and/or access devices only after all of the following have been completed:

  • The landlord has approved all parties and collected the holding deposit.
  • All parties have signed the lease agreement and other rental documents referred to in the lease agreement.
  • All applicable rents and security deposits have been paid in full.
  • The tenant has completed and signed the move-in walk-through form.

Apply For A Rental

Before contacting the office about property details, please review the Property Listing on the company website. The property listing contains all the necessary information you need to decide whether or not the property will work for you. You can find information about the following:

  • Pet requirements
  • Security deposit
  • Available move-in date
  • Amenities
  • Rent
  • Property features

By reviewing the property listing, you will be able to get the answers you need quickly.

DISCLAIMER NOTE: Each property and its property owner hold the right to vary from these guidelines.

Owning a Home Is a Keystone of Wealth

Hands-On Residential Management

We commit to provide great customer service and quality. We will also commit to minimize the burdens of the leasing process and to simplify any challenges or unexpected issues that may arise. We commit to be fair, friendly, and provide an exceptional rental experience.

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