Real Estate 100 Lincoln City
1345 NW 15th Street
Lincoln City, Oregon 97367
(541) 994 2100
info@re100lc.com
Rental Application and Screening Process
1. Applications are accepted for a specifically identified unit only. Applications are accepted only after the prospective tenant (or their representative) has viewed the unit. Upon receipt, applications will be timed, dated, and "keyed" to the specific unit requested. Applications are processed on a "first come, first served" basis. Applications shall be submitted with legal, valid, governmental issued photo ID(s). The appropriate screening charge(s) shall be paid at the submission of the application.
2. If the Rental Department for some reason can not arrange for you to inspect the unit you are interested in renting, we will accept a “first right of refusal” application, without the screening fee. Upon notification that the unit is available, the applicant shall immediately make arrangements to view the property and then remit the application fee(s) or lose their “first right” reservation status.
3. Individual unit owners may place additional criteria, restrictions or requirements on tenant placement in individual units such as: prohibition of smoking in or around the unit, limiting or excluding certain types of pets and/or requirements to adherence of multi-unit complex rules and regulations. Additional deposits or fees may be required for permitting some of these criteria.
4. Prospective tenant(s) shall submit a completely filled out rental application. The application must include, but is not limited to, verifiable: A) Employment and Income information. B) Two landlords, the current and immediately previous landlord. (Family members nor roommates are not considered a satisfactory reference as a current or former landlord). Inability to adequately supply two rental references, may, at landlord’s option, be alleviated by submitting additional deposits to be held on tenant’s behalf as security.
5. Real Estate 100 Lincoln City, inc., adheres to the HUD guideline of limiting number of tenants to two-persons per bedroom.
6. The screening process will include confirmation of accuracy of information provided by the applicant. Conflicting information or irregularities that are found in pubic records or credit reports as compared to provided information that are/is not satisfactory explained will not be allowed. Satisfactory landlord references are required and any negative references obtained will be reviewed and considered for their validity. NO prior FED Judgments (Court ordered Evictions)allowed. NO exceptions!
7. The minimum income to rent ratio shall be 2.5:1 or better - in units where a tenant pays utilities. 2:1 or better - in units where some utilities are provided by the landlord. Applicant may be required to submit additional evidence verifying proof of income.
8. The minimum income to rent ratio shall be 2.5:1 or better - in units with all utilities paid by the tenant. 2:1 or better - in units in which some utilities are provided by landlord. Applicant may be required to submit additional evidence verifying proof
9. A credit report shall be obtained by Real Estate 100 Lincoln City, for each prospective occupant of the rental unit whom is 18 years or older. The credit report(s) shall have:
- A Fico score (or other standard credit worthiness score) of not less than 585 is required.
- Aggregate of collections shall not exceed a total of the equivalent of one month’s rent (medical collections will be considered and be weighed separately). * Collection information may also be obtained through use of public records.
- No collections attributed to past rental history allowed (i.e.: an unpaid rent, utility bills, damages or court costs (paid, satisfied or unpaid.)
10. The demeanor of applicant during the showing and screening process will be considered.
Real Estate 100 Lincoln City, inc., does not discriminate against any person because of Race, Color, Religion, Sex, Handicap, Familial Status, Sexual Orientation or National Origin.
**Applicants whose applications far exceed minimum standards in individual categories but fail to meet minimum standards in another, shall be reviewed and possibly reconsidered if extenuating and explainable circumstances warrant.











