366 Railroad Ave

FOR RENT OR FOR SALE AS IS. Conveniently located in Lexington, minutes away from shopping, restaurants, and HWY 6. Zoned for Lexington District 1 schools

Disclaimer:
We ask that you meet with the property manager first before you complete your application.
We follow all federal and state fair housing laws, including those that prohibit discrimination on the basis of
race, color, religion, national origin, sex, familial status and disability.
Applicants are accepted on a first come, first serve basis and are subject to the availability of the particular type of home requested.
1. Lease Application – A separate lease application is required from each applicant who is 18 years of age or
older or an emancipated minor. The lease application must be filled out completely, truthfully and
accurately. We have no obligation to process an incomplete application. An application is not complete
until a separate application for each adult or emancipated minor is signed and delivered to us and all
application fees are paid. Any false or misleading statement or material omission made on your lease
application whenever discovered is grounds either for denial of your lease application or for termination of
an existing tenancy.
Applicants Conditions/Guidelines
Adults 18 years of age and older or emancipated minor (even if not living in the home full time).
Minor Occupants Do not need to fill out an application, but must be listed as occupants on the application and lease.
Guarantors Are required to fill out an application and are subject to
qualification.
2. Application Fee - Each applicant is required to submit an application fee to cover the costs of screening the applicant's credit and processing the application.
Application fees are non-refundable, except to the extent the law may provide otherwise.
Unless the law requires, we do not refund fees and deposits an applicant makes with the application under any other circumstances.
3. Positive Identification – All applicants are required to show valid government-issued photo identification, which identification may be subject to 3rd party authentication.
4. Credit Score – You must be able to demonstrate financial responsibility. In that regard, you must have a
credit score that is acceptable to us. We will obtain a credit report from a third-party credit reporting agency for each applicant. Your credit score (or lack thereof) will affect your eligibility to lease from us, as well as the amount of the security deposit and/or a rent premium that we will require as a condition of leasing to you.
Unfavorable conditions that may negatively influence a credit
score include, but are not limited to: bankruptcies, collections, charge-offs, repossessions and current or
recent delinquencies.
5. Leasing or Mortgage Payment History - Some credit scoring results will necessitate an evaluation of a verifiable leasing or mortgage payment history. In these instances, you will be required to provide us with proof of timely payment of a minimum of six consecutive months of leasing or mortgage payments within
the prior twenty-four months. When an application depends on verification of a satisfactory leasing or
mortgage payment history, the lease application will be denied if any of the following conditions exist:
A. Outstanding Debt or NSF Check. An outstanding debt to a previous landlord, an outstanding insufficient
funds check or any other form of outstanding returned payment.
B. Breach of Lease or Eviction. A breach of a prior lease or a prior eviction of any applicant or occupant in the past 3 years.
C. Negative Payment History. More than four late payments or two insufficient funds checks or other forms of returned payments within the prior 24-month period.
6. Ability to Pay the Rent – You must have the ability to pay the rent. We will request information regarding
your income. The income of all applicants proposing to reside in a Trubild community will be aggregated (combined).
Applicants must have a combined annual gross income of at least 36 times the monthly rent for
the apartment, which is equivalent to a combined monthly gross income of at least 3 times the monthly.
All legal sources of income will be considered, including, without limitation, child support, grants, pensions, GI benefits, disability, trust funds, student loans, social security and savings accounts;
however, discretionary bonuses may not be considered.
7. Guarantors – If you do not meet our financial or credit score requirements, you may be eligible to lease if a third party is willing to guarantee the lease. The prospective guarantor is required to
complete a lease application, pay an application fee, have a credit score that is verifiable and acceptable to us, have an annual gross income of at least 60 times the monthly rent, reside in the United States and meet all other qualifying criteria identified in this selection policy. Approval of a guarantor does not relieve an
applicant of our security deposit requirements.
As a provider of residential housing, we have a duty to our residents under state and federal law to take reasonable efforts to protect against third-party criminal conduct. We also have a substantial, legitimate and nondiscriminatory interest in protecting the health and safety of our residents and employees, in protecting both our property and the property of our residents, in protecting
against financial crimes and generally in promoting a peaceful living environment.
A criminal background check will be conducted for each applicant and occupant 18 years of age or older. An applicant with one or more prior convictions for certain criminal offenses may be more likely than other applicants to engage in such activity in the future, and so the prior convictions will be considered in determining the applicant’s suitability to rent. In assessing the suitability to rent of an individual with prior criminal convictions, we will carefully consider relevant factors in making our determination, including
mitigating factors. We will implement this policy in a uniform and unbiased way for all housing applicants, treating all applicants equally.
Please remember that these requirements do not constitute a guarantee or representation that all applicants or occupants currently residing in our communities have not been convicted of any criminal offenses. There may be applicants or occupants who are residing in our communities prior to this policy
going into effect. Additionally, our ability to verify information on criminal background is limited to the
information made available to us by the reporting services used.
11. Adverse Action – An applicant who is denied based on credit or criminal background will be given an
adverse action notice in accordance with the Fair Credit Reporting Act, 15 U.S.C. section 1681 et seq. The
denial letter will notify the applicant of his/her rights, including obtaining a free copy of the tenant screening
report and initiating a dispute of any information in a tenant screening report that applicant believes is inaccurate or incomplete.
$100 lease signing fee is due prior to move in.