Dear Prospective Resident,
Thank you for your interest in an LCOR, Inc. Property. The following information is provided in an effort to assist you. The LCOR Leasing Consultant will be very happy to provide you with any other information you may require in order to completely familiarize you with our community.

We respectfully advise you to review the following information so that you may understand the entrance standards and application processing procedures.

1. Each occupant 18 years of age or older must complete an individual application for residency.

2. Each Applicant must have acceptable previous rental history as provided by reference. Homeowners must provide proof of ownership and mortgage payment history.

3. Each applicant must have established an acceptable credit history, verifiable with Credit Bureau, Inc.

4. The general income requirement minimum is easily determined by adding the gross annual income of the applicant/s, and this total income must be equal to 30 times the monthly rent.

5. Employment verifications must be written on company stationery, and signed by an authorized supervisor, or personnel department. Date of hire, amount of gross annual income and position with the company must be stated.

6. Each applicant must meet all qualifying criteria on their own merit; this community does not accept guarantors (co-signors) to any lease.

7. Applicant’s total indebtedness must not be more than 20% of the total gross annual income (excluding rent and utilities).

8. In the event that any applicant has been discharged of their debts through any and all Bankruptcy procedures, the Bankruptcy must be no less than 5 years old and the applicant must have established good credit since the Bankruptcy.

9. Applicants must exhibit no criminal conviction involving violence, firearms, illegal drugs, theft crimes involving theft, or destruction of property, or any crime involving a minor.

10. Occupancy standards are as follows:

1 Bedroom Maximum 2 Persons
2 Bedroom Maximum 4 Persons
(Subject to the requirement of Federal or Local Law)

ADDENDUM TO THE APPLICATION:

11. Are you a current illegal abuser of a controlled substance?___________Have you ever been convicted of the illegal use, manufacture sale or distribution of a controlled substance?___________

12. Applicant is required to get a Renters Insurance Policy at move-in with minimum liability coverage of $25,000. The wording for the Certificate Holder of your Certificate of Insurance must include the following:

Additionally Insured
LCOR Ravens Crest, LLC
LCOR Asset Management, LP
Ravens Crest Apartments
8098 Ravens Crest Court
Manasssas, VA 20109

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APPLICANT’S SIGNATURE
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APPLICANT’S SIGNATURE

EQUAL HOUSING OPPORTUNITY