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The document is a Residential Lease Application that collects personal and financial information from potential tenants, including details about their employment, income, and rental history. It outlines the conditions for application approval, the landlord's rights regarding discrimination, and includes consent for credit checks. The application must be signed by all applicants and can be approved or rejected within five days.

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What does it mean when your rental application is processing?

This is the stage where things start to speed up. In most cases, youll receive an email to tell you your application has been accepted. If you decide to go ahead with the lease, the property manager will also include information about the rental bond and rent in advance that needs to be paid as soon as possible.

What documents do I need to rent a house in Texas?

Rental Requirements Two years of verifiable, favorable residence history from a third-party landlord is required. Rental history demonstrating residency, but not by a third party, may require an additional security deposit. A criminal background check will be performed.

What credit score is needed to rent a house in Texas?

Combined, Average Credit Scores from 550-574 will require a security deposit equal to one and a half months rent. Combined, Average Credit Scores from 525-550 will require a security deposit equal to two times one months rent. Combined, Average Credit Scores below 525 will be declined, no exceptions.

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Can a landlord reject a tenant?

If the tenant doesnt agree with the rent price, move-in date, length of tenancy, or other rental rules in the lease, then you can legally reject them. You can be flexible with a tenant if you want to, but if youre not willing to alter your rental terms, you can deny that tenant.

On what grounds can you reject a tenant?

There are numerous legitimate, businesslike reasons to reject a prospective tenants application. Unsatisfactory references from landlords, employers and/or personal references. Evictions. Frequent moves. Bad credit report. Too short a time on the job. Too new to the area. Smokers. No verifiable source of income.

What makes a lease valid in Texas?

There are five essential elements of a valid lease: offer, acceptance, mutual assent, execution and delivery, and consideration. In addition, the Texas Property Code imposes certain default requirements on landlords and tenants if a lease does not make its own provisions.

What are 5 things that should be included in a lease?

Here are some of the most important items to cover in your lease or rental agreement. Names of all tenants. Limits on occupancy. Term of the tenancy. Rent. Deposits and fees. Repairs and maintenance. Entry to rental property. Restrictions on tenant illegal activity.

What is required in a Texas lease agreement?

Names of parties involved (tenant and landlord, mainly) Address and description of property. Length of the lease. Amount of rent (and date it is due each month)

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