PARK PLACE PROPERTY MANAGEMENT
Tenant Qualification Criteria
If you cannot provide positive references, have a debt to income ratio that shows you cannot afford to pay rent from your documented income (pay stubs, bank records, or tax returns), have no work history or an unstable work history, been evicted in the past, have a criminal record, or any occupant is listed in the sex offender database, you may not qualify for a rental at this time.
Resident Selection Criteria
Below please review our minimum residential qualification criteria.
Please note: Prior to tenant approval, if you are bringing a pet, we ask all tenant candidates to register their pet with PetScreening.com using our referral link. Using our referral link will automatically share your pets profile with us. PetScreening.com is a simple and secure way to manage and share important information about your Pet or Assistance Animal. There is a nominal cost to register your pet with PetScreening.com unless you have a bona-fide assistance animal in your household. There is no charge ($0) for submitting a reasonable accommodation request for an Assistance Animal. Your request will be reviewed by the PetScreening.com legal review team per the FHAct guidelines. Please be aware of laws and local ordinances, if any, for criminal offenses and/or penalties for committing assistance animal fraud.
100% of our rental units are smoke free. Smoking is never allowed inside our rental units. Smoking inside a rental unit is cause for immediate termination of a lease and tenants who have a lease terminated for smoking will forfeit all security deposits.
All Tenants are required to maintain property damage liability insurance on behalf of the Landlord and Property Manager. Coverage is required in the amount of One Hundred Thousand Dollars ($100,000) for damage to both Landlord’s and third parties’ property with the provisions covering at least the perils of fire, smoke, explosion, accidental water discharge and sewer backup. Tenants are required to name South Florida Realty Management as an “Interested Party” on the Renter’s Insurance Policy if tenant elects to buy their own policy independent of the program offered by MSI through Park Place Property Management.
Please note that while landlords may carry property insurance protecting the “property” from certain perils, tenant belongings and possessions are not covered and tenants are not beneficiaries of Landlord insurance products. Additionally, tenants are responsible to Landlord for all costs of repair for damages due to tenant negligence as stated in the Lease regardless of existing Landlord insurance. It is important to think ahead and insure yourself against the unexpected.
To help cover the unforeseen costs that can arise from certain unexpected and disastrous perils (fire, water) including in some cases tenant negligence, Park Place Property Management has created an easy arrangement for buying a renters insurance policy through MSI. This tenant specific policy offers several financial benefits to tenants in the event of a disaster including personal liability protection up to $100,000, personal property coverage up to $10,000 even covering living expenses should a tenant need to relocate due to a disaster.
Tenants may OPT OUT of purchasing this required insurance through landlord’s preferred insurance provider at any time by providing written proof of the following three items:
Evidence of Required Insurance levels to show the Policy is in effect, when it will start & end, and who is named on the policy.
“Park Place Property Management” must be named as an “Additionally Interested” party to the insurance declarations.
The Tenant Liability coverage has to be equal to or greater than $100,000 in Tenant Liability Coverage.
If tenants wish to obtain Renters Insurance through Park Place Property Management’s referred provider, MSI, we try to simplify it! The monthly cost for a policy starts as low as $12.00 monthly!
TO If tenants wish you obtain Renter's Insurance through Park Place PM, they can do so as part of our Resident Benefit package. Inquire for more information.