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Landlord Requirements for Renting

Rental Applicant Checklist:

Most management companies will require rental applicant(s) to produce a combined annual salary of 40-50x the monthly rent of the apartment; if these requirements are not met, a guarantor is needed.

 

(The requirements below may vary depending on the Landlord)

 

1. Most recent pay stub(s)

2. Copy of Photo ID

3. Most recent bank statements: checking/savings (must have your name printed on the statement!)

4. Brokerage account statement(s) (if available)

5. Last two pay stubs

6. First 2 pages of past two years of tax returns

7. Employment letter on company letterhead stating salary and length of employment* *If self-employed, a letter from your accountant stating annual income and source of income

Guarantor Requirement Checklist:

Most management companies will require guarantor to produce an annual income of approximately 80-90x the monthly rent of the apartment.

 

1. Fill out separate application as if securing apartment for yourself (additional application fee will most likely be required)

2. Copy of bank statement for any checking or savings account listed (must have your name printed on the statement!)

3. Copy of Photo ID

4. Brokerage account statement(s) (if available)

5. Last two pay stubs

6. First 2 pages of past two years of tax returns

7. Employment letter on company letterhead stating salary and length of employment*

*If self-employed, a letter from your accountant stating annual income and source of income