Damage Deposit Policy & Qualification Standards

DAMAGE DEPOSIT 

  • SWVA Rentals has a STRICT pet policy of 2 pets max under 20 pounds each.
  • Tenants leaving their unit before their contract expires lose their damage deposit and will be responsible for the rent until the contract expires or is rented to another tenant.
  • Tenants leaving their unit unclean (this includes a laundry room, bathrooms, and all appliances) will lose their deposit.
  • Tenants leaving carpet stains lose their deposit.
  • Tenants leaving trash inside or outside the unit lose their deposit.
  • Tenants leaving paint scratches, nail holes, or wall deficiencies not repaired will lose their deposit.
  • All deposits to hold units are non-refundable.

 

QUALIFICATION STANDARDS

Applicants who do not meet the minimum screening standards will not be approved.  

  • The applicant must have a current photo I.D. and a valid SSN.
  • The applicant's monthly household income must exceed three times the rent.  All income must be from a verifiable source.  Unverifiable income will not be considered.
  • Applicants must receive positive references from all previous landlords for the previous 5 years.
  • The applicant may not have any evictions or unpaid judgments from previous landlords.
  • The Applicant must exhibit a responsible financial life.