Rental criteria
Please review these standards before you apply. They apply equally to every applicant.
Retail / Office Criteria
Application
Each business must complete an application. Owners with 20% or more ownership and any guarantors must also apply. The application fee is $35 per applicant and is non-refundable.
Financials
Established businesses must provide their last two years of business tax returns or profit and loss statements (P&L). Applicants must demonstrate sufficient financial resources and liquidity to support the business and meet their lease obligations. Financial qualifications are evaluated based on the nature of the business, the operator's experience, and overall creditworthiness.
New businesses must provide a business plan and proof of sufficient funds to cover startup expenses, ongoing operating costs, and at least six months of rent and TICAM.
Credit
We review business credit and the personal credit of owners and guarantors. Applicants must demonstrate good credit history and sufficient assets to support their lease obligations. Creditworthiness and financial strength are evaluated together as part of the approval process.
Rental History
Applicants must have a satisfactory rental history, including positive references from current or previous landlords, no evictions or lease defaults within the past three years, and no outstanding balances owed to landlords or utility providers.
Background Check
We conduct background checks on owners and guarantors. Criminal history involving violence, threats, theft, fraud, drug-related offenses, or other serious crimes may affect approval.
Permitted Use
The proposed business must comply with applicable zoning regulations, lease restrictions, and any exclusive-use rights held by existing tenants. Tenants are responsible for obtaining and maintaining all required business licenses and permits.
After Approval
To secure the space, the lease must be signed and the escrow deposit and first month's rent, including TICAM, must be paid. Until then, the space will remain available to other applicants.
Rent and escrow deposits must be paid separately. Cash is not accepted.
Proof of liability insurance naming the landlord as an additional insured must be provided before keys are released.
If an applicant decides not to move forward after signing the lease, any deposits or prepaid rent will be handled in accordance with the lease terms and applicable law.
Multifamily Criteria
Application
Every adult age 18 or older who will occupy the property must complete an application. The application fee is $35 per adult and is non-refundable. Any required co-signer must also apply and pay the application fee.
Income
Applicants must demonstrate gross monthly income of at least three times the monthly rent and a minimum of six months of employment with their current employer. Income is verified through pay stubs, employer verification, tax returns, or other acceptable documentation. Applicants who do not meet the income requirement may qualify with an approved co-signer.
Credit
We review credit history as part of the application process. Applicants must demonstrate satisfactory credit and financial responsibility. Those with poor credit, limited credit history, or a previous bankruptcy may be considered with a qualified guarantor or additional security, where permitted by law.
Rental History
Applicants must have a satisfactory rental history, including positive references from current or previous landlords, no evictions within the past three years, and no outstanding balances owed to landlords or utility providers.
Background Check
We conduct background checks on all adult applicants. Criminal history involving violence, threats, theft, fraud, drug-related offenses, or other serious crimes may affect approval. Each application is evaluated based on the circumstances.
Occupancy
Occupancy is generally limited to two people per bedroom, subject to applicable laws and occupancy requirements.
After Approval
To secure the property, the lease must be signed and the escrow deposit paid promptly. Until then, the property will remain available to other applicants.
Move-in must take place within 30 days of approval unless otherwise agreed in writing.
Rent and escrow deposits must be paid separately. Cash is not accepted.
If an applicant decides not to move forward after signing the lease, any deposits or prepaid rent will be handled in accordance with the lease terms and applicable law.
ANC Services follows all federal, state and local fair housing laws and does not discriminate based on race, color, religion, sex, national origin, disability, familial status or any other protected class.