Consistently Providing Professional Full-time Property Management and Leasing Services in Ada County and Canyon County since 1980.
Call Us: (208) 377-8889

Rental Policies

Download Rental Policies (PDF) Rental Application

REALTY MANAGEMENT ASSOCIATES, INC., CRMC®
STATEMENT OF RENTAL POLICY

  1. RENTAL CRITERIA
    • INCOME- Your monthly income must be at least 2 ½ times the monthly rent. Your total monthly obligations must not exceed 80% of your income.  If you are a full time student we will require you to have a co-signer. If you are unemployed or retired you must provide proof of a source of income.
    • RENTAL HISTORY- You must have satisfactory, unbiased rental references from at least 2 years immediately preceding the date or your application. It is your responsibility to provide us with information necessary to contact your past landlord.  Your application will be denied if you have ever been evicted, sued or are in collections with previous landlords.  Your application will also be denied for any reports showing significant complaints of noncompliance.  Homeowners must show mortgage payment history, verification of proper maintenance and proof of ownership.
    • CREDIT HISTORY- Your credit record must currently be satisfactory or incompliance with the credit score policy outlined below.  Bankruptcy and foreclosure does not automatically reject your application. If your credit history shows nonpayment of any rents or leasehold obligations, we will reject your application.

    • CREDIT SCORE POLICY

      In order to determine credit worthiness, the applicant’s FICO credit score will be obtained. Approval or denial of credit history will be based on the following criteria.

       Acceptable Credit: 631+   Approval at advertised deposit amount

      Marginal Credit: 571-630   Approval at advertised deposit amount plus an additional deposit equal to ½ month rent

      Negative Credit: 500-570   Approval at advertised deposit amount plus an additional deposit equal to 1 months rent

      Unacceptable Credit: <499   Application will be denied

    • CRIMINAL HISTORY- Within the past 5 years if you have been convicted of a felony or you have been convicted of a misdemeanor that would be considered violet or a serious threat to a real property, including manufacturing or distributing a controlled substance, we will reject your applications. Criminal background checks are conducted as part of the application process.
    • GUARANTORS- If you do not meet one or more of the above criteria, you may be able to qualify for the property if you can get a third party to guarantee your lease. The guarantor must pass the same application and screening process that you must pass, except we will deduct the guarantor’s own housing costs before applying his or her income to our income standard. An additional deposit equaling one month’s rent will be required on all guaranteed leases. 
    • ROOMMATES- Roommates are considered of tenancy. Each roommate individually must qualify based on the above criteria.   Additional monthly rent may be required if an individual roommate does not meet the qualification criteria.  At minimum, an additional deposit will be required for all roommate leases.
    • DEPOSITS- Advertised deposits are available if you have good credit, meet the required income and have acceptable references.  Realty Management Associates, Inc. reserve the right to require additional deposit if one or more of the criteria is not met.

  2. APPLICATION PROCESS - We evaluate every applciaiton in the following manner. Each adult (18 years or older) or married couple must submit an application for Rental and answer all questions on the form, provide the supporting documents and each adult must pay the scheuded non-refundable application fee. We will check your credit report, employment references and rental references to confirm that our rental criteria are met. If you meet our criteria, we will approve your applcaiton. This process can take 1-5 business days depending on the availiabltiy of references.  In the event of multiple and equally qualified applications, we will rent the available property to the first applicant that meets our criteria. 
  3. FALSE INFOMRATION IS GROUNDS FOR DENIAL - Your application will be denied if you misrepresented any information on your application. If misrepresentations are found after the rental/lease agreement is signed, your rental/lease agreement will be terminated.
  4. WE ARE AN EQUAL OPPORTUNITY HOUSING PROVIDER - We fully comply with the federal Fair Hosing Act. We do not discriminate against any person because of race, color, religion, sex, handicap, familial status or nation origin. We also comply with all state and local fair housing laws.
  5. AVALIABILITY - Properties become available when they are ready to rent. A vacant property will not be deemed available until it has been cleaned and prepared for the new resident. Availability is subject to change at any time.
  6. OCCUPANCY GUIDELINES - To prevent overcrowding and undue stress on plumbing and other building systems, we restrict the number of people who may reside in a property.  We follow the Fair Housing Guidelines; 2 adults per room plus one.
  7. HOUSING SUBSIDIES - Realty Management Associates, Inc. will not consider Boise City/Ada County Housing Authority contracts.
  8. PET POLICIES - If pets are negotiable at the subject property, you will be asked to sign a separate “Pet Lease Addendum” that contains our restrictions relating to pets. If you are accepted, you will be required to pay an additional deposit that is refundable at the conclusion of the tenancy.  The deposit for one animal is $550.00 and $800.00 for two animals, plus a one-time, non-refundable, fee of $200.00 to allow a pet tenancy. In addition, there is a $25.00 per month, per pet, pet rent. The property requires an inspection by Realty Management Associates every six months; the cost to you is $50.00 per inspection. The penalty for unauthorized pets is $100.00 per month charged retroactively to the beginning of your tenancy.  We do not accept animals larger than 50 pounds.
  9. RENTAL AGREEMENT - If you are accepted, you be required to sign a rental/lease agreement in which you will agree to abide by the rules of the rental unit or complex and/or neighborhood. Prior to execution, a complete copy of our rental/lease agreement is available for anyone who would like to review it. We take each part of the rental/lease agreement seriously.  In addition to other important requirements, please note that your rental/lease agreement will:
    • Require you to report any maintenance problems that occur during your tenancy. Failure to notify management can result in you being held responsible for any damages
    • Require you to prevent all household members, guests and visitors from engaging in any lease violation behavior.
    • Forbid you, any member of your household or your guests from engaging in illegal drug use, sale, manufacture, distribution or other criminal activity on or near the property.
    • Limit your guests to stay for long periods without the advance permission of the landlord.
    • Provide that serious and repeated violations of the lease requirements will result in termination of your rental agreement.
    • Require you to provide Property Damage Liability Insurance naming Realty Management Associates, Inc as loss payee.

Realty Management Associates, Inc., CRMC®
4290 W Chinden Blvd
Boise, ID 83714
(208) 377-8889





Copyright © Realty Management Associates, Inc., CRMC®
Property Management Website powered by PMW
Tenant Screening provided by RentScreener Site Map | Cities Served