Carolina Oaks Acquisition, LLC. · Apartments for Rent

Settle into our inviting, one-bedroom apartment situated just a short distance from downtown Greensboro. Explore a variety of delightful dining options, from pub joints to breweries and seafood. Unique shops and art galleries are in the area, too! The apartment features a spacious, well-lit bedroom suitable for a king-size bed, a generously sized fully equipped kitchen, a sun-filled living room, and ample storage space. *All units are equipped with Washer/Dryer hookups. Carolina Oaks APARTMENTS, ITS OWNERS AND EMPLOYEES ADHERE TO FAIR HOUSING LAWS AND WILL NOT DISCRIMINATE AGAINST ANY PERSON ON THE BASIS OF RACE, COLOR, RELIGION, SEX, NATIONAL ORIGIN, DISABILITY OR FAMILIAL STATUS. QUALIFICATION FACTORS: 1) AGE - Age requirement for military personnel and all other applicants is 18. 2) INSURANCE- As a condition of our Apartment Lease Contract all residents are required to maintain a resident liability or property damage insurance policy in the amount of $100,000.00. 3) INCOME VERIFICATION- Proof of verifiable income must be submitted. Monthly gross income must equal or exceed 3 times the monthly rent. Acceptable forms of verification are: - A recent pay stub showing year-to-date earnings - Offer letter from employer - I-20 or Affidavit of Financial Support - W-2 form 4) COMPLETED RENTAL APPLICATION- If applicant does not have a social security number, the following documents must be provided: - Valid government-issued ID - Current Visa - Acceptance letter from the university if you are a student 5) Carolina Oaks Apartments evaluates each person applying to live at its community with a credit/background-risk scoring system that is provided by an independent consumer reporting agency and consistently applied to all of Carolina Oaks Apartments’ applicants. This scoring system uses a statistical model to estimate the credit risk that an applicant may not satisfactorily fulfill his/her lease obligations. The statistical model was developed from data regarding actual residents and their payment performance of their lease obligations. Prior to final acceptance of each applicant, Carolina Oaks Apartments will use this system to provide Carolina Oaks Apartments with a numerical score that represents a relative measure of the credit risk associated with that applicant. Each applicant’s credit/background-risk score will be compared to Carolina Oaks Apartments’ acceptance policies to determine whether or not the applicant may be accepted. If your application is rejected based on your credit/background-risk score, or accepted with certain additional conditions, you will be advised what factors most adversely affected your score and you will be given the name, address, and telephone number of the consumer reporting agency that provided the credit-risk score to Carolina Oaks Apartments. An applicant who is rejected based on his/her credit/background-risk score, or accepted with certain additional conditions, may obtain a copy of the consumer report(s) on which the credit/background risk score was based, and may initiate an investigation to have any erroneous information contained in such reports corrected. The consumer reporting agency will advise you of the actions that you may take in order to do so. We will not accept an applicant that has a rental history of skips, excessive damages, or evictions. If any of the above criteria cannot be met or verified, we retain the option of requiring an additional deposit or co-signer.