Application Process and Residential Selection Criteria

Thank you for considering one of our exceptional Florida rental homes. As a management company we represent hundreds of property owners, most of who live out of state and have entrusted us to manage their property for them.

Below is a checklist of all the items Legends Realty needs in order to submit your application(s) for approval. Please provide the following so we can better assist you with your rental needs.

1. All applicants 18 or older must complete online application and pay $60.00 Application Fee

2. Applicants must Read and Accept Terms of Agreement, Lease & Residential Selection Criteria Before Submitting Application. Sample Lease is provided on www.CentralFLRentals.com under Tenant. Click Tenant Resource and view Sample Lease.

3. Please attach Copy of ID/Driver’s License for everyone that applies

4. Please attach income supporting documents for everyone that applies (paystubs, bank statements, tax returns, etc.)

5. If applicable, please attach required supporting documents: Pet Application, Pet Photo and Veterinary Records. Pet Addendum is provided on www.CentralFLRentals.com under Tenant. Click Tenant Resource and view Sample Lease. Applicant acknowledges they have read the pet addendum within the sample lease and are aware of the cost associated with renting a property with pet(s) prior to completing an application.

5a. For Household Pets, Service Animals and/or Emotional Support Animals, the following Application MUST be submitted https://legendsrealty.petscreening.com

6. Please remit payment via eCheck or Credit Card for the Security Deposit (amount of rent), must be delivered to our office via the Portal within 12 hours of written or verbal approval (transaction fees may apply).

7. In regards to the Lease Start Date, we can only hold a property for one week beyond its availability date.

Please be aware if the home you are applying for requires an approval through their home owners association (HOA) there may be an additional application that must be completed.

We DO NOT rent our homes sight unseen, you or someone you appoint must preview home before applying.

RESIDENT SELECTION CRITERIA AND EXPLANATION OF CHARGES:

1. Your application will NOT be processed without the correct funds and all documents attached

2. All adult applicants over the age of 18 including and limited to guarantor(s) must submit a fully completed, dated and signed rental application along with the non-refundable application fee of $60.00 for each adult applicant. Applicant may be required to be approved by a condo/homeowner's association and may have to pay an additional application fee or an additional security deposit. Approval by the homeowners or condo association is a necessary prerequisite to our approval of your application. Application fees, deposits, and all move-in fees must be remitted by online payment. (CASH NOT ACCEPTED).

3. Valid current photo ID documentation (driver’s license, social security card, military ID or State ID) is required.

4. Six (6) months or more of verifiable work history required and if transferred from outside the area, a letter of transfer on company letterhead required confirming transfer.

5. Applicants must have a combined gross income of at least three times the monthly rent. Income must be verified in writing, applicant must provide the past two (2) months of consecutive pay stubs and company business card of employment. We reserve the right to require a co-signer.

6. Credit history and or Civil Court Records must not contain slow pays, judgments, eviction filing, collections, liens or bankruptcy within the past 3 years. In the case of bankruptcy, the court must release this.

7. Non-employed individuals must provide proof of income. Self-employed applicants are required to produce upon request 2 years of signed tax returns or 1099s and three (3) months bank statements.

8. All sources of other income must be verifiable, and in writing, if needed to qualify for a rental unit.

9. Previous rental history reports from landlords must reflect timely payment, sufficient notice of intent to vacate, no complaints regarding noise, disturbances or illegal activities, no unpaid NSF checks, and no damage to unit or failure to leave the property clean and without damage at time of lease termination. A minimum of two years residential history is required.

10. No pets (with the exception of medically necessary pets) of any kind are permitted without specific written permission of Management in the lease document (an addendum to lease), a non-refundable pet fee acceptable to landlord. In addition some or all of the following could be charged: an additional pet deposit, additional security deposit, additional monthly fees and/or pet inspection fees. Fees and deposits are waived for medically necessary pets. A pet application and supporting documents are required for all pets. The following pets will not be accepted under any circumstances, GERMAN SHEPERDS, DOBERMANS, PIT BULLS (STAFFORDSHIRE TERRIERS), CHOWS, ROTTWEILERS, SIBERIAN HUSKIES, AKITAS, MALAMUTES, PRESA CANARIOS AND WOLF-HYBRIDS. Household Pets and Medically necessary animals, such as Service Animals and/or Emotional Support Animals, must submit the following Application at https://legendsrealty.petscreening.com

11. A Non-Refundable Lease Preparation Fee: There will be a one-time Lease Preparation Fee of $100.00 charged and it will need to be paid at the time of your lease signing.

12. The Legends Realty Resident Benefits Package (RBP) delivers savings and convenient, professional services that make taking care of your home second nature. By applying, Applicant agrees to be enrolled and to pay the applicable cost of $47.00/month, payable with rent.

Your RBP may include, subject to property mechanicals or other limitations:

- HVAC air filter delivery directly to your door approximately every 60 days

- Liability Insurance that meets all lease requirements from an A-rated carrier

- Move-in concierge service that includes an easy online set up your utility services, cable, and internet services

 - A resident rewards program that helps you earn rewards for paying your rent on time

 - Credit building to help boost your credit score with timely rent payments

 - $1M Identity Protection for all adult leaseholders

 - On-Demand Pest Control that includes an innovative pest control service that provides an effective, reactive, and targeted approach to pest control

- 24/7 online maintenance reporting

- Home buying assistance for when the time is right to buy your “forever” home

- Online portal that includes access to your account, documents, communication and payment options    - Vetted vendor network: we find the technicians who are reputable, licensed, and insured

Liability Insurance requirements and options:

The Landlord requires Tenant to obtain liability coverage of at least $100,000 in property damage and legal liability from an A-rated carrier and to maintain such coverage throughout the entire term of the lease agreement. Tenant is required to furnish Landlord evidence of the required insurance prior to occupancy, at the time of each lease renewal period, and upon request.

To satisfy the insurance requirement, Tenant may either (1) be automatically enrolled into a policy that satisfies the coverage requirements as part of the Resident Benefits Package; or (2) obtain alternative liability coverage from an insurer of Tenant’s choice. The option Tenant chooses will not affect whether Tenant’s lease application is approved or the terms of Tenant’s Lease.

Option 1: Do nothing. The Tenant will be automatically enrolled into an insurance policy as part of the Resident Benefits Package. No further action is required. Coverage will begin on the effective date of Tenant’s lease and continue throughout the lease term. Please refer to the evidence of insurance that is supplied by Legends Realty for additional coverage details.

Option 2: Buy a policy. If Tenant prefers, Tenant may find, purchase, and maintain another policy that satisfies the Landlord’s requirements. The Resident Benefits Package monthly amount will be adjusted accordingly. Visit http://insurance.residentforms.com/ and follow the instructions listed there to provide evidence of the required insurance coverage to your Landlord. The Resident Benefits Package monthly rate will be adjusted by the premium amount in the policy. Please be sure that your policy meets the following criteria prior to submitting:

● Policy is purchased from an A-rated carrier

● Policy meets or exceeds the required $100,000 in property damage and personal liability

● Legends Realty is listed as additional interest

● InsuranceSupport@SecondNature.com is also listed as additional interest

● Legends Realty address is listed as: PO Box 660121 Dallas, TX 75266 It is Tenant’s responsibility to pay premiums directly to your insurance provider. If the policy is terminated or lapses, Tenant will be subject to a lease violation fee of $25 and agrees to be subsequently enrolled into the policy referenced in Option 1 above.

NOTE: The total monthly cost of the Resident Benefits Package is all-inclusive, and no discounts will be given if any element of the package is unavailable due to a lack of HVAC or another limitation at a specific property. All services are subject to the terms and conditions of the Resident Benefits Package Lease Addendum.

13. We reserve the right to require a higher security deposit and or additional prepaid rent.

14. The number of occupants must be in compliance with HUD standards/guidelines for the applied for unit.

15. Upon Approval: The applicant(s) will be notified by phone, email or both. Once your application has been approved, you will have 12 hours to submit the required Security Deposit to secure the property. Once the Security Deposit have been received, you will have 24 hours to sign the lease once it has been sent to take the property off the market. If the lease is not signed within the allotted time Legends Realty reserves the right to process the next application received or consider any other approved applications. In the event the application is approved, security deposit shall be applied as follows with (1) exception, on all properties over the monthly rental amount of $800.00 the security deposit is disbursed as follows:

A. $50.00 will be applied to filming of the property and $50.00 will be applied to administrative fees. Both fees are non-refundable.

B. Balance will become tenant(s) security deposit. If applicant is approved, but fails to enter into the lease within 3 days of verbal and/or written approval and/or take possession after lease signing, the FULL “SECURITY DEPOSIT” shall be forfeited to the Landlord or Management in addition to any penalties as provided in the lease if the lease has been signed by the applicant. The “SECURITY DEPOSIT” shall be refunded only if applicant is not approved.

16. Lead based paint disclosure has been given if the property was built prior to January 1, 1978. This warns of the possibility of lead based paint.

17. Short Term Lease: In the event you are requesting to enter into a Short Term Lease (less than one year), you will be charged a Short Term Rental Fee of $750.00. In the event you are to enter into a one-year lease and require early termination of your lease, we will assist you in finding a new tenant. You will be charged a onetime secure tenant fee of $750.00, plus all advertising costs involved in marketing the property and the full rent until the property has been re-rented. All terms and conditions of your lease during this period will still apply.

18. Any exceptions to our company's criteria will need to be submitted in writing along with a completed application packet for presentation to the landlord for consideration. Applicant(s) acknowledge Legends Realty will complete the application process prior to submitting any offers to the owner. If approval is then given for such exceptions, additional security, guarantors, co-signers, and/or additional advance rent payments may be required. All written exception requests must be uploaded to the attachments page during the application submission.

19. Our company policy is to report all non-compliance’s with terms of your rental agreement or failure to pay rent, or any amounts owed to the credit bureau and collection agency.

20. Multiple Applications – Applicant acknowledges it is entirely possible that Legends Realty may receive multiple applications from unrelated individual applicants on the same property at approximately the same time. We will process all applications for consideration as to what we (in our sole discretion) deem the best applicant, which may not necessarily be the first application received. In such cases, more than one applicant may be approvable, however only one will eventually be approved. Because we represent the best interest of the rental property, we will accept the best application, which may not necessarily be the first application received. In order to evaluate the various applications it is necessary for Legends Realty to expend time and cost in credit reports, criminal reports, and other administrative cost. All application fees are Non-refundable. If your application is approvable, but not the approved one for the property for which you are applying, you may consider applying for other available properties that we may have, without payment of an additional application fee.

21. Approved applicants: first month’s rent/ prorated rent and any other fees owed prior to move-in must be paid via the tenants portal on or before 5 business days prior to the day of move in. Payments not received within this time frame could be subject to a delayed move in. Move in Date: 1st-14th prorated rent due prior to move in Move in Date: 15th-31st prorated rent and next month’s rent due prior to move in

22. All payments made by residents via eCheck (ACH) will incur a flat $2.49 fee per transaction. Transaction Fee for Credit: 3.49%, Debit: $9.99.

23. Approved applicants: IMPORTANT Utility Setup Required Before handing over the keys to your property, you must set up utilities in your name. To facilitate a smooth transition, please follow these steps:

1. Access Our Platform: Use the following link to locate and connect with the required utility providers: https://utility-setup.com/legends-realty

2. Input Confirmation Details: Once you've established your utility services, input the relevant account or confirmation IDs into our platform. This step ensures we're informed of the successful setup.

24. Non-Disparagement Clause: You will be required to sign a Mutual Non-Disparagement Clause with your lease. This Clause protects yourself and Legends Realty from disparaging comments, verbally or in writing that could be injurious to business, reputation, property or disparaging comments which are false.

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