REQUIREMENTS

APPLICATION REQUIREMENTS

Each adult, 18 years old or older, who will live in the house must complete a separate application. The adults living in the property must qualify for the property. This Agency does not discriminate and will not evaluate rental applications on the basis of any Federal and or State defined protected classes.This application is preliminary only and does not obligate the Owner or this Agency to execute a lease or deliver possession of the Property. We reserve the right to deny your application. Decisions on denied applications are final and may not be appealed.


NON-REFUNDABLE APPLICATION FEE: $40.00


FIRST COME, FIRST SERVED:

 

  • First approved application with security deposit and signed lease will get the house.

 

  • We will not hold a property while your application is being processed.

 

  • PQuail Realty & Management cannot be held responsible if your application is delayed or denied because our inquiries to verify information from outside sources is delayed, denied, or ignored.

 

  • PQuail Realty & Management cannot guarantee that your application is first in line. We receive applications 24/7.

 

  • Application fees are non-refundable.

 

ONE APPLICATION FOR ALL HOMES: Application is good for any of our available homes.


EXPIRATION: Application expires 30 days after being submitted.


EMAIL: You will be notified via email or phone call if additional information is required, if you are approved, or if you are denied.


RENT PAYMENTS: PQuail Realty & Management tenants pay rent using our online payment system. If payment is brought into our office a $3.00 service fee will be assessed.


SMOKING: Smoking is not allowed in any house or garage. No e-cigarettes or vapor cigarettes.


PETS: Approved pets increase rent ($25.00 per pet per month).

 

  • Up to 3 pets may be allowed.

 

  • Fish tanks over 10 gallons are considered a pet.

 

  • Dogs and cats must be 1-year-old or older.

 

  • We do not allow certain breeds of dogs or breeds that are mixed with dogs that have violent tendencies. These breeds include, but are not limited to: Akita, Chow, Pit Bull, and Rottweiler.

 

MOVE IN MONEY:

 

  • Security deposit = one month’s rent.

 

  • Security deposit is due within 1 Business day after notice of approval. Certified funds only.

 

  • Administration Fee $50.00

 

  • Application Deposit (may or may not be refundable). In addition to any application fee, you have delivered to our representative an application deposit in the amount of one months rent(in most cases). The application deposit is not a security deposit. However, it will be credited toward the required security deposit when the Lease Contract has been signed by all parties; OR it will be refunded if you are not approved; OR it will be retained by us as liquidated damages if you fail to sign or attempt to withdraw.(please refer to the terms of the application agreement for further explanation)

 

LEASE REQUIREMENTS:

 

  • Rent is due on the first day of every month – no exceptions.


  • Late fee = 10% of monthly rent.


  • Resident benefits package of $40.95 is required for all of our tenants enroll into. More details will be discussed with an agent in the office. 

 

QUALIFIED APPLICANTS WILL HAVE:

 

  • Credit score of 650 or above

 

  • Acceptable debt to income ratio

 

  • Acceptable self-employment income for 2 or more years.

 

  • Bankruptcy must be discharged.

 

  • NO unpaid bills or collections accounts for utilities

 

  • NO unpaid child support

 

  • NO unpaid bills, collections, or judgments for management companies, landlords, etc.

 

  • NO more than 3 late pays in a single year on housing history

 

  • NO EVICTIONS

 

LAST MONTH’S RENT MAY BE REQUIRED IF APPLICANT HAS:

 

  • Current mortgage

 

  • Current or past mortgage foreclosure or short sale

 

  • Credit score between 500 – 600

 

  • Inadequate housing history

 

APPLICATION PROCESSING: Application processing will start immediately, however applications CANNOT BE APPROVED until we have:

 

  • Application fee for all applicants

 

  • Application form with all blanks filled-in for all adults over 18 years old

 

  • REQUIRED DOCUMENTS (see list) for all applicants

 

REQUIRED DOCUMENTS:

Attach to online application or email to pquailreatly@aol.com

 

  • Photo of current driver’s license or state ID.

 

  • EMPLOYED: Four (2) current paycheck stubs OR job offer or job transfer letter.

 

  • RETIRED: Documentation showing source of income (Social Security, retirement, investment statements, etc).

 

Cancellation fee is+= loss of security deposit and 2 months rent at time of cancelation

Cancellation fee is charged if:

 

  • A security deposit is submitted but lease is not signed; and/or

 

  • A lease is signed but tenant does not move in.

 

AGREEMENT:

BY SUBMITTING AN APPLICATION the applicant certifies that the information provided in this rental application and required documents is true and correct. By submitting this application, applicant agrees to the Rental Application Requirements and authorizes the PQuail Realty & Management to inquire with any and/or all of the following: employers, court records, banks,


utility companies, credit bureaus, former landlords, or any person or entity who, in the sole discretion of the PQuail Realty & Management, information is required. PQuail Realty & Management may re-evaluate this information at any time during tenancy. Applicant acknowledges that PQuail Realty & Management, the Owner, and/or the Landlord may terminate any agreement to which applicant is a party should this application contain any misstatement or misrepresentation. Applicant hereby affirms that none of the dogs listed on this application are of any dangerous breed or are mixed with any dangerous breed including, but not limited to: Akita, Chow, Doberman, Husky, German Shepard, Pit Bull, and Rottweile

Contact Us

Rio Rancho Office
3751 Southern Blvd SE Suite E 
Rio Rancho, NM 8712
Office: (505) 350-4503
Second Office Line: (505) 847-7287
Fax: (505) 892 0577


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