Lease Instruction Sheet

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1 Lease Instruction Sheet Annual Leases Full Price, No Contingencies Contact: Pre-Lease Package Contents: Aadvisor Rentals Screening Application Authorization for Electronic Payments Wiring Instructions Lease Instruction Sheet Deposit To Hold Form Lease Process: 1. Lease Signing: Make an appointment WITHIN 24 HOURS for Tenants to come to one of our offices to sign the lease and other documents. We must have the Application completed at or before this appointment in order to generate the lease. a. Tenant must bring all Funds Due with them to lease appointment. Funds Due may be paid by bringing a check, an Electronic Payment authorization, or by Bank Wire Transfer. b. When we receive the Application and all Funds Due, we will generate a customized lease. We will also provide documents from the Homeowner s Associations and/or Management Companies as required to be completed by Tenants. c. What if Tenants cannot come into our office within 24 hours? i. If Tenants are out of town: Have Tenants fill out and sign Aadvisor Rentals Application. Scan/ back, fax back ( ), or bring in to one of our offices. You can have Tenants screened immediately by paying the Screening Fees by check in one of our offices, by credit card over the phone or by filling out and signing the Authorization for Electronic Payments. When we receive the signed Application, we will generate a customized lease, and Homeowner s Association documents. We will them to Tenants for signature. Tenants may provide Funds Due by check, Electronic Payment authorization or Bank Wire Transfer. PROPERTY DOES NOT INTO PENDING LEASE Aadvisor Rentals Lease Instructions for Annual Leases-Full Price, No Contingencies Page 1 of 3

2 STATUS UNTIL WE HAVE RECEIVED SIGNED LEASE AND FUNDS DUE. ii. Deposit To Hold: If Tenants are in town but cannot come to our office within 24 hours, Tenants can hold the property for up to 3 business days by paying the Screening Fees (as mentioned above), the Processing Fee ($95) any Payment Processing Fees and at least one month s rent to us by check delivered to one of our offices, by credit card over the phone, by Wire Transfer or by filling out and signing the Authorization for Electronic Payments. Tenants must also execute a Deposit To Hold form. By hold we mean that we will consider the property to be in Pending Lease status rather than For Rent status until they either sign the lease or the Deposit To Hold date expires. NOTE: IF TENANTS FAIL TO SIGN THE LEASE WITHIN THE TIME SPECIFIED IN THE DEPOSIT TO HOLD FORM, THEY WILL FORFEIT ALL FUNDS THAT THEY HAVE PAID. 2. Screening: When all Tenants sign the lease and have completed all documents, we will begin the Tenant Screening Process, which includes a Screening Report, Residency and Landlord Verification, Employment Verification and other investigations as we may be required to do by property owners. We can also begin this process sooner as outlined in 1b above. 3. HOA Application Process: Once we have received the signed lease from Property Owner, we will begin processing the Tenant s application through the applicable Homeowner s Associations. We will notify Tenants of approval, or if additional documents or actions are required. 4. Move-in: In order to move in, Tenants must have ALL Funds Due paid at or before move-in. Any funds paid within the last 15 days before move-in must be in cash or Certified funds. 5. If Something Goes Wrong: If Tenant is not approved by any Homeowner s Association, if Tenant does not meet our Credit Standards and the risk cannot be mitigated, or if Owner does not approve the lease for any reason, the lease will be null and void, and all monies paid will be returned to Tenants, less Screening Fees, Processing Fee, any Payment Processing Fees and any fees or expenses paid to Homeowner s Associations and/or Management Companies by Aadvisor Rentals on behalf of Tenant. Aadvisor Rentals Lease Instructions for Annual Leases-Full Price, No Contingencies Page 2 of 3

3 See Lease Process Details for a more complete explanation of the Lease Process and more details about each stage. You can download this document in the Downloads section of the Agent Center at AadvisorRentals.com. Your Aadvisor Rentals Co-Broke Team will work very hard to make your lease transaction come together as quickly and as smoothly as possible. Please help us by encouraging Tenants to provide complete information on all forms, provide all funds due when required and not to attempt to make any alterations or changes to the lease or other forms. The process will go faster if Tenants provide initial funds at the beginning so that they may be screened immediately. Different HOA s and Management Companies have very different ways of working. Some are very rapid in response and are easy to work with. Others do not deviate from strict rules, such as requiring a full 21 days to process any lease, without exception. Please be aware that we are all at the mercy of these 3 rd parties when it comes to the HOA Application Process. We know that you will be anxious to hear when your Tenants are approved, or how their application is going. We are just as anxious as you are. But we are only able to tell you news as and when we receive it from these 3 rd parties. If you must contact us about application status, please do it by only. Bear in mind that staff time on the phone with agents checking status is staff time that could be spent working constructively and effectively to actually process the application. Please be patient if you do not hear from us for awhile no news is usually good news. When we have something to report, you will be the first to know! Aadvisor Rentals Lease Instructions for Annual Leases-Full Price, No Contingencies Page 3 of 3

4 Unit Address: Rental Application Main Office: th Ave S Naples, FL info@rentnaplesnow.com Phone: (239) Fax: (239) Applicant Information Name: SSN: Agent: Date of birth: Driver s License #: Cell Phone#: Home Phone #: Work Phone#: Current Address: City: State: ZIP: Current Landlord Name and Phone#: Own Rent Monthly payment or rent: How long? Reason For Leaving: Previous Address: City: State: ZIP: Applicant Employment Information Current employer: Employer address: How long? Phone: Fax: Position/Duties: Other Income/Sources: Co-Applicant Information Name: Monthly Income: Date of birth: Driver s License #: Cell Phone#: Home Phone #: Work Phone#: Current Address: City: State: Ph # Current Landlord Name and Phone#: Own Rent Monthly payment or rent: How long? Reason For Leaving: Previous address: City: State: ZIP: Co-applicant Employment Information Current employer: Employer address: How long? Phone: Fax: Position/Duties: Other Income/Sources: SSN: Monthly Income: Other Occupant Information (all persons excluding applicant who will be occupying premises): Name Relationship Age Name Relationship Age ZIP: Pets Type of Pets please describe: Has any Applicant ever been party to an eviction? Yes No Explain if Yes: Applicant represents that all of the above statements are true and correct and hereby authorizes Aadvisor Rentals, Inc. the authority to validate all above information, references, credit records and criminal records. Applicant acknowledges that false information herein may constitute grounds for rejection of this application, termination of right of occupancy, and/or forfeiture of all payments tendered if occupancy has taken place. Signature of applicant: Date: Signature of co-applicant: Date:

5 AUTHORIZATION FOR ELECTRONIC PAYMENTS ACCOUNT HOLDER INFORMATION Name on Credit Card or Bank Account Statement Credit Card Billing Address or Bank Statement Address Please note that we cannot accept Electronic Checks from accounts located outside the United States. TYPE OF ELECTRONIC PAYMENT ONE-TIME PAYMENTS RECURRING PAYMENTS ALL PAYMENT TYPES ALL TIMES Credit Card (One-Time) Electronic Check (One-Time) Credit Card (Recurring Electronic Check (Recurring) All of these FOR ONE-TIME PAYMENTS One-Time Charge Amount: Please charge the total amount due at this time as a One-Time charge. The charge will be processed immediately on receipt of this signed authorization. $ FOR RECURRING PAYMENTS Recurring Charge Amount Please charge the total amount due each month including any fees as a recurring charge. Recurring Charge Transaction Date Each Month: 1st 2nd 3rd 4th 5th $ CREDIT CARD INFORMATION BANK ACCOUNT INFORMATION Card Number: Checking Savings Account Number: Expiration Date: Security Code: Routing Number: TRANSACTION FEES: $2.00 will be added to all Electronic Checks of any amount, and to Credit Card Charges of less than $75. 3% will be added to all Credit Card Charges over $75. I authorize Aadvisor Rentals, Inc. to process debit entries from my Credit Card and/or Bank Account to pay fees, charges, security deposit and rents as may be applicable as indicated above. If recurring charges are to be processed, this authority will remain in effect until I give Aadvisor Rentals, Inc. written notification to terminate this authorization ten (10) days prior to the date of the next transaction. I understand that in the event that any transaction is declined or reversed for non-sufficient funds (NSF), Aadvisor Rentals, Inc. reserves the right to initiate further debits to my account or accounts to repay the same, and that a $50 NSF fee will be withdrawn from my account or accounts, together with applicable transaction fees. Name Name Date Date

6 WIRING INSTRUCTIONS DOMESTIC WIRE TRANSFER INSTRUCTIONS: Bank Name: Bank Address: Iberia Bank 200 West Congress St Lafayette, LA ABA: Beneficiary Customer: Aadvisor Rentals Inc Beneficiary Account: INTERNATIONAL WIRE TRANSFER INSTRUCTIONS: Intermediary Bank: Wells Fargo Bank Intl Bank Address: 2 Grand Ave San Francisco, CA Bank SWIFT: WFBIUS6S Beneficiary Bank: Iberia Bank Beneficiary ABA: //FW Beneficiary Customer: Aadvisor Rentals Inc Beneficiary Account: PLEASE ADD WIRE ORIGINATION FEES CHARGED BY YOUR BANK, PLUS$50.00 FOR WIRE FEES CHARGED BY RECEIVING BANK.

7 Telephone: Fax: Website: th Ave S, Naples, Fl DEPOSIT AGREEMENT TO HOLD PROPERTY THIS AGREEMENT ENTERED INTO THIS DAY OF 20 BETWEEN Aadvisor Rentals, Inc., Agent, AND: APPLICANT(S). 1. Agent is seeking to rent that certain property located at: 2. Applicant(s) wishes to lease the above property but is not in a position at this time to pay the full deposit and execute the lease agreement. Therefore, Applicant(s) does hereby deposit with Agent the sum of $, and in consideration thereof, Agent agrees to take the property off the rental market until 5:00PM on subject to paragraph 4 of this agreement. 3. Of the amount deposited with Agent above, $ is a NON-REFUNDABLE Screening Fee. In addition, $ is an Application Fee that is also NON-REFUNDABLE. The total amount of the amount deposited with Agent that is NON-REFUNDABLE is $. 4. APPLICANT SHALL FORFEIT ENTIRE AMOUNT DEPOSITED OF $ AFTER VERBAL OR WRITTEN NOTICE OF THEIR ACCEPATANCE, IF APPLICANT FAILS TO EXECUTE A WRITTEN LEASE, PAY THE BALANCE DUE, INCLUDING RENT, FEES OR OTHER CHARGES, DECIDES NOT TO RENT THE PROPERTY OR DOES NOT TAKE OCCUPANCY FOR ANY REASON BY 5:00PM ON. 5. Occupancy is subject to credit approval, Homeowner s Association(s) approval and other qualifications. If Applicant(s) does not qualify, the amount deposited above, less any non-refundable amounts as listed above will be returned to the Applicant(s). At such time as a lease is executed, the above deposit will be applied to the Security Deposit first, then to application or other fees, and then to any rent due as set forth in the lease agreement. 6. THE PARTY(IES) SIGNING THIS AGREEMENT WARRANT AND AGREE THAT HE/SHE/THEY HAS THE AUTHORITY TO SIGN FOR AND BIND ALL OTHER APPLICANTS. THE ABOVE AGREEMENT IS ACCEPTED AND AGREED TO, JOINTLY AND SEVERALLY. THE UNDERSIGNED(S) HAS READ THE ABOVE DEPOSIT AGREEMENT AND UNDERSTANDS AND AGREES TO ALL PROVISIONS THEREOF AND FURTHER ACKNOWLEDGES THAT THEY HAVE RECEIVED A COPY OF SAID DEPOSIT AGREEMENT. AGENT DATE APPLICANT DATE APPLICANT DATE APPLICANT DATE APPLICANT DATE APPLICANT DATE

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