THE NUDO TEAM is committed to providing the highest quality professional services to our clients. We adhere to a high code...
RENTAL CHECKLIST The Nudo Team….WHERE RESULTS MATTER!!! Create a Tenant Selection Plan that is in compliance with Fair Hou...
The Nudo Team…..WHERE RESULTS MATTER!!! Disclosure of Information on Lead-Based Paint and/or Lead-Based Paint Hazards <ul>...
The Nudo Team…..WHERE RESULTS MATTER!!! APARTMENT RENTAL APLICATION THE UNDERSIGNED HEREBY MAKES APPLICATION FOR AN APARTM...
The Nudo Team…..WHERE RESULTS MATTER!!! Employment/ Income Information continued Co-Applicant: ___________________________...
The Nudo Team…..WHERE RESULTS MATTER!!! Pg. 3 APARTMENT RENTAL APLICATION THE UNDERSIGNED HEREBY MAKES APPLICATION FOR AN ...
The Nudo Team…..WHERE RESULTS MATTER!!! AKNOWLEDGEMENT OF  RECEIPT The undersigned hereby acknowledges that on ___________...
The Nudo Team…..WHERE RESULTS MATTER!!! VARIFICATION OF EMPLOYMENT Name of Employer ______________________________________...
The Nudo Team…..WHERE RESULTS MATTER!!! Pg. 2 VARIFICATION OF EMPLOYMENT Gross annual earnings you anticipate for this emp...
The Nudo Team…..WHERE RESULTS MATTER!!! Current or Previous Land lord Verification TO: ___________________________________...
The Nudo Team…..WHERE RESULTS MATTER!!! Pg. 2 Current or Previous Land lord Verification Dose (did) anyone else live in th...
The Nudo Team…..WHERE RESULTS MATTER!!! UNDERWRITING WORKSHEET <ul><li>Applicant: ________________________________________...
The Nudo Team…..WHERE RESULTS MATTER!!! REJECTION NOTICE DATE: _____________________________________ NAME: _______________...
The Nudo Team…..WHERE RESULTS MATTER!!! ACCEPTANCE NOTICE DATE: _____________________________________ NAME: ______________...
THE NUDO TEAM is committed to providing the highest quality professional services to our clients. We adhere to a high code...
The Nudo Team…..WHERE RESULTS MATTER!!! Retirement Funds VS. Real Estate  $70,787.24 Profit Difference       $77,076.19 To...
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Rental Application

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Rental Application

  1. 1. THE NUDO TEAM is committed to providing the highest quality professional services to our clients. We adhere to a high code of ethics in which honesty, integrity, and a respect for fair dealing are the foundations of each transaction. When selling your home partner with a team of sharp real estate professionals and let us go to work for you! Joe Nudo 773-580-0919 Karla Mina 312-498-8473 Dan Moore 312-363-7361 RENTAL INFORMATION AND USEFULL FORMS FOR MORE INFORMATION VISIT: www.thenudoteam.com
  2. 2. RENTAL CHECKLIST The Nudo Team….WHERE RESULTS MATTER!!! Create a Tenant Selection Plan that is in compliance with Fair Housing Laws and The Chicago Residential Tenant Landlord Ordinance (RTLO). Prepare Apartment to Rent Ready Condition. Provide Annual Heating Cost to Applicant. Provide summary of any building code violations to Applicant. Provide Lead Based Paint Disclosure Flyer. Have prospect fully complete & sign applications. (Obtain a copy of W2 Forms, Drivers License, Social Security Card, and Bank Statements) Obtain payment and Provide a receipt for Security Deposit, so marked. Obtain a Credit Report. (1 Felony History) Verify Employment or Income Sources. Perform Underwriting review. Check with current & previous Landlord. Perform other background checks. Make your decision based on the above. If application is rejected send letter stating and reason for same. If approved send letter stating so. Prepare a written Lease agreement (make sure it’s in compliance with RTLO). Schedule Lease signing and orientation. Do a walk-through with new tenant and complete move-in inspection form. Sign Lease with tenant and collect balance due on security deposit and 1 st months rent. Issue keys and tenant handbook (rules & regulations). Move out fee schedule.
  3. 3. The Nudo Team…..WHERE RESULTS MATTER!!! Disclosure of Information on Lead-Based Paint and/or Lead-Based Paint Hazards <ul><li>Lead Warning Statement </li></ul><ul><li>Housing built before 1978 may contain lead-based paint. Lead from paint, paint chips, and dust can pose health hazards if not managed properly. Lead exposure is especially harmful to young children and pregnant women. Before renting pre-1978 housing. Lessors must disclose the presence of known lead-based paint and/or lead-based paint hazards in the dwelling. Lessees must also receive a federally approved pamphlet on lead poisoning prevention. </li></ul><ul><li>Lessors’s Disclosure </li></ul><ul><li>Presence of lead-based paint and/or lead-based paint hazards (check (I) or (II) below): </li></ul><ul><li>(I)______ Know lead-based paint and/or lead-based paint hazards are present in the housing (explain). </li></ul><ul><li>_______________________________________________________________________________________________________ </li></ul><ul><li>_______________________________________________________________________________________________________ </li></ul><ul><li>(II)______ Lessor has no knowledge of lead-based paint and/or lead-based paint hazards in the housing. </li></ul><ul><li>Records and reports are available to the lessor (check (I) or (II) below): </li></ul><ul><li>(I)______ Lessor has provided the lessee with all available records and reports pertaining to lead-based paint hazards in the housing (list </li></ul><ul><li>documents below). </li></ul><ul><li>_______________________________________________________________________________________________________ </li></ul><ul><li>_______________________________________________________________________________________________________ </li></ul><ul><li>(II)______ Lessor has no reports or records pertaining to leaf-based paint and/or lead-based paint hazards I the housing. </li></ul><ul><li>Lessee’s Acknowledgment (initial) </li></ul><ul><li>(c)______ Lessee has received copies of all information listed above. </li></ul><ul><li>(d)______ Lessee has received the pamphlet Protect Your Family from Lead in Your Home . </li></ul><ul><li>Agent’s Acknowledgment (initial) </li></ul><ul><li>(e)______ Agent has informed the lessor of the lessor’s obligations under 42 U.S.C. 4852(d) and is aware of his/her responsibilities to ensure </li></ul><ul><li>compliance. </li></ul><ul><li>Certification of Accuracy </li></ul><ul><li>The following parties have reviewed the information above and certify, to the best of their knowledge, that the information they have provide is </li></ul><ul><li>True and accurate. </li></ul><ul><li>______________________________________________ _________________________________________________ </li></ul><ul><li>Lessor Date Lessor Date </li></ul><ul><li>_______________________________________________ _________________________________________________ </li></ul><ul><li>Lessor Date Lessor Date </li></ul><ul><li>_______________________________________________ _________________________________________________ </li></ul><ul><li>Agent Date Agent Date </li></ul>
  4. 4. The Nudo Team…..WHERE RESULTS MATTER!!! APARTMENT RENTAL APLICATION THE UNDERSIGNED HEREBY MAKES APPLICATION FOR AN APARTMENT AS INDICATED BELOW Please Print Full Name ________________________________________________________________________________________________________ Last First M.I SSI# Full Address ______________________________________________________________________________________________________ Number Street City State Zip Telephone #’s _____________________________________________________________________________________________________ Home Work Fax Persons to reside in Apartment 1 2 3 4 5 Name __________________ __________________ __________________ __________________ __________________ Relationship to Head __________________ __________________ __________________ __________________ __________________ Date of Birth __________________ __________________ __________________ __________________ __________________ Sex __________________ __________________ __________________ __________________ __________________ Social Security # __________________ __________________ __________________ ___________________ __________________ Occupation __________________ __________________ __________________ ___________________ __________________ Residency History How long have you lived at the current address? _____________________________________________________________________________ Do you? (check appropriate box) Own Rent Other (explain) ____________________________________________________________________________________________________________________ Current Landlord _____________________________________________________________________________________________________ Name Address Telephone Previous Landlord _____________________________________________________________________________________________________ Name Address Telephone Previous Landlord _____________________________________________________________________________________________________ Name Address Telephone Pet Information Do you own a pet? (check appropriate box) Yes No If yes, type of pet and weight________________________________ Employment/ Income Information Applicant: ____________________________________________________________________________________________________________________ Name of the employer Address of the employer Telephone ____________________________________________________________________________________________________________________ Position held Years on job Supervisor’s name Pg. 1
  5. 5. The Nudo Team…..WHERE RESULTS MATTER!!! Employment/ Income Information continued Co-Applicant: ____________________________________________________________________________________________________________________ Name of the employer Address of the employer Telephone ____________________________________________________________________________________________________________________ Position held Years on job Supervisor’s name Applicant (if employed for less than two years on the previous job): ____________________________________________________________________________________________________________________ Name of the employer Address of the employer Telephone ____________________________________________________________________________________________________________________ Position held Years on job Supervisor’s name APARTMENT RENTAL APLICATION THE UNDERSIGNED HEREBY MAKES APPLICATION FOR AN APARTMENT AS INDICATED BELOW Please Print Pg. 2 Application Co-Application Other Other Base Pay ________________________ ______________________ _________________________ _______________________ Overtime ________________________ ______________________ _________________________ _______________________ Commissions ________________________ ______________________ _________________________ _______________________ Tips ________________________ ______________________ _________________________ _______________________ Other ________________________ ______________________ _________________________ _______________________ Annual Income (Include the gross amount of all salaries, fees, commissions, tips, overtime of other employment earnings) Personal References ____________________________________________________________________________________________________________________ Name Address City Telephone ____________________________________________________________________________________________________________________ Name Address City Telephone ____________________________________________________________________________________________________________________ Name Address City Telephone Professional References ____________________________________________________________________________________________________________________ Name Address City Telephone ____________________________________________________________________________________________________________________ Name Address City Telephone ____________________________________________________________________________________________________________________ Name Address City Telephone
  6. 6. The Nudo Team…..WHERE RESULTS MATTER!!! Pg. 3 APARTMENT RENTAL APLICATION THE UNDERSIGNED HEREBY MAKES APPLICATION FOR AN APARTMENT AS INDICATED BELOW Please Print Address of Apartment being applied for Number Street Apt# City State Zip Rent Amount A deposit in the Amount of $_______________ is made herein to be applied to the first month’s rent and the security deposit. This deposit will be held during the processing of this application. If the application is approved and accepted, then the applicant(s) agree to execute a written lease and pay the balance due on the first month’s rent and security deposit within ten (10) days after being notified. If the applicant(s) fail to execute the lease and make payments as aforesaid then the deposit will be retained as liquidated damages to cover the cost of processing this application. If this application is not approved and accepted, the deposit will be completely refunded. In addition to the deposit, the sum $_______________ is hereby paid to cover the cost and expense of obtaining a credit report on the applicant(s): the sum is not refundable. Applicant(s) understand that the filling of the application dose not bind the Lessor to reserve or assign an apartment. The undersigning applicant(s) has examined the statements made in this application and hereby certify that they are true, correct and complete and that all household income has been listed above. The statements are made to induce the Lessor to enter into a lease with the applicant(s) for the apartment listed above. I/We agree that inquiries may be made to verify the statements made in this application. __________________________________________________________________________________________________________ Signature of Applicant Date __________________________________________________________________________________________________________ Signature of Applicant Date
  7. 7. The Nudo Team…..WHERE RESULTS MATTER!!! AKNOWLEDGEMENT OF RECEIPT The undersigned hereby acknowledges that on _______________, 20_____, that they received from _____________________, in connection with the rental of dwelling unit located at __________________________________________________________, the following document: Security Deposit Receipt __________________________________________ Heating Cost Disclosure Statement __________________________________________ Protect Your Family Lead in Your Home brochure __________________________________________ Residential Landlord and Tenant Ordinance Summary __________________________________________ (Date) (Lessor) (Address of Apartment) (acknowledgement by Lessee) (acknowledgement by Lessee) (acknowledgement by Lessee) (acknowledgement by Lessee)
  8. 8. The Nudo Team…..WHERE RESULTS MATTER!!! VARIFICATION OF EMPLOYMENT Name of Employer _______________________________________________________________________________________________ Address _______________________________________________________________________________________________________ RE: ________________________________________________ S.SN: ____________________________________________________ Applicant/ Tenant Name _______________________________________________________________________________________________________________ Applicant/ Tenant Address City Sate Zip The individual named Above has made application for housing. In order for the individual to become eligible we must verify employment and income. The individual has authorized n below the release of the requested information. The information you provide will be used only for the purpose of determining the individuals eligibility for housing. We require to complete our verification process in a short time period and will appreciate your prompt attention and response. A self-addressed envelop has been included for your convenience. If you have any questions please feel free to contact our offices. __________________________________________________ _______________________________________________________ Name Telephone Number Employment Authorization I, ______________________________________________, hereby authorize ________________________________________________ Applicant Employer to releaser the information requested below regarding my employment and compensation. __________________________________________________________________ _______________________________________ Signature Date TO BE COMPLETEED BY EMPLOYER Date of Employment _________________________________ Position/ Occupation ___________________________________________ Date of Termination (if applicable) _________________________________________ Current Rate of Regular Pay $___________________________________ per __________________________ (hour, week, month, etc.) Current Rate of Overtime Pay $ _________________________________ per ___________________________ (hour, week, month, etc.) Number of hours/week employee normally works _________________________________________________________________________ Anticipated average earning of overtime per week $ _______________________________________________________________________ Pg. 1
  9. 9. The Nudo Team…..WHERE RESULTS MATTER!!! Pg. 2 VARIFICATION OF EMPLOYMENT Gross annual earnings you anticipate for this employee for the next twelve months $ _____________________________________________ Gross annual included all tips, bonuses, overtime, commissions, etc. $ ________________________________________________________ Do you anticipate any changes in the employee’s rate in the near future? Yes_____________________ No ________________________ If Yes: New Rate $ ___________________________ Effective Date _________________________ If the employee’s work is seasonal or sporadic, indicate lay-off periods. ________________________________________________________ Additional Comments _______________________________________________________________________________________________ __________________________________________________________________________________________________________________ __________________________________________________________________________________________________________________ Employer Certification I certify that the above information is true and correct: ______________________________________________________________________ ______________________________________ Name Title ______________________________________________________________________ ______________________________________ Address Telephone Number ______________________________________________________________________ ______________________________________ Signature Date PLEASE RETURN THIS FORM TO: _______________________________________________________________________________________________________ _______________________________________________________________________________________________________ _______________________________________________________________________________________________________ _______________________________________________________________________________________________________
  10. 10. The Nudo Team…..WHERE RESULTS MATTER!!! Current or Previous Land lord Verification TO: ____________________________________________________________ DATE: _________________________________________ current or previous landlord _____________________________________________________________________________________________________________ street address _____________________________________________________________________________________________________________ city, state, zip Applicant’s Authorization To Whom it May Concern: I hereby authorize you to provide information regarding my length of residency, rental payments history and any lease agreement infractions to the landlord named below. I would appreciate your immediate attention to this request so that my application can be processed in a timely manner. Sincerely, __________________________________________________________________ ___________________________________________ Applicant[‘] s Signature Date Dear Landlord: The above named application has made application for residency. As part of our routine background check we ask for the cooperation of current and previous landlords to provide information UPON [[ from]] which we will base, in part, our decision on the suitability of the applicant for housing. Any information that you provide will remain confidential. Sincerely, _________________________________________________________________________________________________________________ Owner/ Manager How much is (was) the tenant’s rent? ___________________________________ Does (did) the tenant pay their rent on time? Yes ___________ No ___________ If no, how often is (was) the rent late? __________________________________ Did you ever have to file a suit to collect rent? Yes __________ No __________ Pg. 1
  11. 11. The Nudo Team…..WHERE RESULTS MATTER!!! Pg. 2 Current or Previous Land lord Verification Dose (did) anyone else live in the apartment? Yes ___________ No ___________ If yes, how many people? ___________ What where their names? __________________________________________________________________________________________ How long has (was) the tenant at this address? Move-in ______________________ Move-out _______________________ How Did the tenant keep house? Good ___________ Fair ___________ Poor ___________ Dose (did) the tenant play loud music or throw loud parties? Yes ___________ No ___________ Dose (did) the tenants children cause damage or disturbances? Yes __________ No ___________ Are there any other problems, complaints, comments, or issues you think we should be aware of? ________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________ Based on your experience with the tenant would you rent to them again? Yes ___________ No ___________ If no please comment as to why. ______________________________________________________________________________________ _________________________________________________________________________________________________________________ Please mail or fax the completed form to __________________________________________________ __________________________________________________ __________________________________________________ __________________________________________________
  12. 12. The Nudo Team…..WHERE RESULTS MATTER!!! UNDERWRITING WORKSHEET <ul><li>Applicant: __________________________________________ Unit Address _______________________________________ </li></ul><ul><li>Rent (1) $ ____________________ Utilities (2) $ _____________________ Parking (3) $ _______________________ </li></ul><ul><li>Monthly Housing Cost (TMH) (1+2+3) = $ _______________________ (4) </li></ul><ul><li>Income : Source of Income: </li></ul><ul><li>Principal Wage Earner $ ______________________________ (5) __________________________________________ </li></ul><ul><li>Spouse $ ______________________________ (6) __________________________________________ </li></ul><ul><li>Other Income $ ______________________________ (7) __________________________________________ </li></ul><ul><li>Other Income $ ______________________________ (8) __________________________________________ </li></ul><ul><li>Total Monthly Income (TMI) (5+6+7+8) = $ ____________________________ (9) </li></ul><ul><li>Long-Term Obligations (LTO) (installment payments which will continue for 3 months or more) </li></ul><ul><li>Payee Monthly Amount Balance Owed </li></ul><ul><li>____________________________________ $ __________________________ (10) __________________________ </li></ul><ul><li>____________________________________ $ __________________________ (11) __________________________ </li></ul><ul><li>____________________________________ $ __________________________ (12) __________________________ </li></ul><ul><li>____________________________________ $ __________________________ (13) __________________________ </li></ul><ul><li>____________________________________ $ __________________________ (14) ___________________________ </li></ul><ul><li>Total Long-Term Obligations (LTO) (10+11+12+13+14) = $ ______________________________ (15) </li></ul><ul><li>Ratios: </li></ul><ul><li>TMH (4) / TMI (9) = ____________ % Housing expenses to income ratio 25% - 35% is the desirable range. </li></ul><ul><li>TMH (4) + LOT (15) / TMI (9) = ____________ % 40% - 45% is a desirable range. </li></ul>
  13. 13. The Nudo Team…..WHERE RESULTS MATTER!!! REJECTION NOTICE DATE: _____________________________________ NAME: __________________________________________________________________________________________________ ADDRESS: _______________________________________________________________________________________________ CITY/ STATE / ZIP: ________________________________________________________________________________________ RE: APPLICATION FOR AN APARTMENT AT YOUR APARTMENT Dear Mr./ Ms.: _____________________________________________________________________________________________ Thank you for your recent application for a __________ bedroom apartment at_________________________________________ . After careful consideration and review of your application, we regret that we are unable to accept your application for tenancy at this time for the following reason (s) marked with an (X) below: ( ) Your house hold size cannot be accommodated at _______________________________________________________________ ( ) We have received a consumer credit report from ___________________________________________ a usually reliable credit reporting agency, which contained negative information. You may contact the credit reporting agency directly within 30 days to obtain the information supplied with us. ( ) Based upon our underwriting policies, the income of your household is insufficient after allowing for long-term obligations, to pay the rent and utilities for the apartment you applied for. ( ) We were unable to verify employment or a stable source of income. ( ) Your check for the credit report fee was returned to us by your bank marked “Insufficient Funds” or ________________________________________________________________________________________________________ ( ) The information given us in your application is different from what we have gathered from reliable sources. ( ) The housekeeping report on your current apartment indicated a condition of unsanitary or hazardous housekeeping. ( ) A person who will be living with you, has a reputation for criminal conviction or criminal acts which we feel would adversely affect the reputation of the building or the health, safety, or welfare of other residents. ( ) _______________________________________________________________________________________________________ Sincerely, Manager/ Owner
  14. 14. The Nudo Team…..WHERE RESULTS MATTER!!! ACCEPTANCE NOTICE DATE: _____________________________________ NAME: __________________________________________________________________________________________________ ADDRESS: _______________________________________________________________________________________________ CITY/ STATE / ZIP: ________________________________________________________________________________________ RE: YOUR APARTMENT Dear Mr./ Ms.: _____________________________________________________________________________________________ After careful consideration and review of your application and other rent selection criteria, you have been accepted for occupancy at Your Apartment. Your __________ bedroom apartment will be available on ________________________ . Please contact our management office at (312) 555-1234 to make an appointment to sign your Lease Agreement and complete all other necessary paper work. We look forward to your being an occupant at Your Apartment . Sincerely, Manager/ Owner
  15. 15. THE NUDO TEAM is committed to providing the highest quality professional services to our clients. We adhere to a high code of ethics in which honesty, integrity, and a respect for fair dealing are the foundations of each transaction. When selling your home partner with a team of sharp real estate professionals and let us go to work for you! Joe Nudo 773-580-0919 Karla Mina 312-498-8473 Dan Moore 312-363-7361 John Kresser 773-396-9511 INVESTMENT? FOR MORE INFORMATION VISIT: www.thenudoteam.com
  16. 16. The Nudo Team…..WHERE RESULTS MATTER!!! Retirement Funds VS. Real Estate $70,787.24 Profit Difference       $77,076.19 Total Earnings $14,186.73 Plus Mortgage Paydown $62,889.46 Real Estate 10 Year Growth       $62,889.46 $6,288.95 10 Year Growth       $162,889.46 $16,288.95 Year 10 $155,132.82 $15,513.28 Year 9 $147,745.54 $14,774.55 Year 8 $140,710.04 $14,071.00 Year 7 $134,009.56 $13,400.96 Year 6 $127,628.16 $12,762.82 Year 5 $121,550.63 $12,155.06 Year 4 $115,762.50 $11,576.25 Year 3 $110,250.00 $11,025.00 Year 2 $105,000.00 $10,500.00 Year 1 $100,000.00 $10,000.00 5% Initial Investment

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