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Rental Policies

These guidelines help protect your home, preserve property value, and support a respectful environment for all residents.

Clear, Fair, and Consistent Guidelines for a Positive Leasing Experience

At CollaboRENT Property Management, strong rental relationships begin with clear expectations. Our rental policies are designed to ensure fairness, consistency, and legal compliance for both tenants and property owners. By outlining requirements upfront, we eliminate confusion and create a smooth, transparent leasing experience from application to move-out.

Application & Screening Requirements

Application & Screening Requirements

All tenants must meet CollaboRENT’s minimum qualification standards before being approved for a rental home. These requirements ensure responsible occupancy and reduce risk for both the tenant and the owner.

Required for All Applicants

  • Government-issued photo ID required before touring or applying
  • $40 screening and background check fee (non-refundable)
  • Minimum credit score of 650
  • Monthly income of at least 3× the rent
  • Completed applications only will be reviewed
  • Applicants must be 18 years or older (students or applicants under 21 require a cosigner)

Cosigner Requirements

Cosigners must demonstrate strong financial stability. In most cases, cosigners must demonstrate at least 5× monthly rent in incomeand meet credit requirements.

24-Hour Hold Policy

Approved applications hold the selected property for 24 hours. During this period, the lease must be signed to secure the home. If the lease is not signed within this timeframe, the unit will be returned to active listing.

Rental History & Automatic Denials

Rental history plays a vital role in approval. We verify past residency and evaluate rental behavior to ensure responsible tenancy.

Applications may be denied for the following reasons:

  • Prior evictions or unlawful detainer actions
  • Unpaid rental balances, damages, or outstanding debts to previous landlords
  • Documented lease violations at former rentals
  • Incomplete, falsified, or unverifiable information
  • Repeated late payments, NSF checks, or chronic rent delinquency
  • Landlords who indicate they would not re-rent to the applicant
Our goal is to approve applicants who demonstrate reliability, responsibility, and long-term rental stability.
Rental History & Automatic Denials

Creating a Positive Leasing Experience

Pet acceptance varies by property.
Where pets are allowed:

  • Applicable pet fees must be paid before move-in
  • Breed, size, and quantity restrictions may apply
  • Tenants must comply with all pet-related lease rules
Unauthorized pets may result in lease violations or removal requirements.

Move-In, Move-Out & Damage Assessment

All tenants must meet CollaboRENT’s minimum qualification standards before being approved for a rental home. These requirements ensure responsible occupancy and reduce risk for both the tenant and the owner.

Normal Wear and Tear (Owner Responsibility)

  • Faded paint
  • Normal carpet wear
  • Loose hinges
  • Minor wood floor wear
  • Dust, light aging, or natural deterioration

Tenant-Caused Damages (Resident Responsibility)

  • Holes in walls or doors
  • Broken windows or fixtures
  • Pet-related damage
  • Deep stains, burns, or tears in flooring
  • Clogged drains from misuse
  • Excessive dirt, odors, or neglect

Move-in inspections, documented photos, and move-out assessments ensure accuracy and transparency for all parties.

Creating a Positive Leasing Experience

These rental policies are designed to protect residents, owners, and our rental communities. By clearly and consistently establishing expectations, CollaboRENT helps tenants enjoy a stable, comfortable home without confusion or uncertainty.

Whether you are applying for your first rental or preparing for move-in, our team is here to answer questions and help you succeed throughout your leasing journey.