Rental and Occupancy Criteria Guidelines:

1. This community uses a statistically sound credit scoring system to evaluate your consumer credit report. Credit scoring is based on real data and statistics so all applicants are treated objectively. Your credit report contains information about you and your credit experiences including your bill-paying history, the number and type of accounts you have, late payments, collection actions, outstanding debt, rental history and the age of your accounts. Using a statistical program, your information is compared to the credit performance of other applicants with similar profiles which allows us to predict how likely it is that you will pay your rent on time. ConAm’s credit service provider also checks related data sources which include the FBI and U.S. Treasury lists of individuals wanted for direct involvement or support of terrorist activities. Based on your credit score and related data source information, your application will be either accepted, receive a low acceptance, conditional acceptance or be declined. If your application is denied or accepted with conditions, you will be given the name, address and telephone number of the consumer reporting agencies which provided your consumer information to us. Occupancy Guidelines: Studio – maximum 2 Two Bedroom – maximum 5 One Bedroom – maximum 3 Three Bedroom – maximum 7

All applicants must comply with the following income requirements: Within 72 hours of applying for rental, income must be verified by providing documents such as: Pay stubs covering 2 pay periods, court ordered spousal or child support, prior year’s W-2, Social Security, GI benefits, pensions, disability income, trust income, dividend income, or other sources of regular income.

Income received annually will be averaged over 12 months. Gross annual income for all leaseholders is combined and entered into the credit-scoring model for each applicant. Gross monthly income of combined applicants must be 2.5_ times the scheduled rent of the unit being leased.

If unemployed or retired, proof of income / assets must be provided, and must be equal to or greater than 3 times the contractual amount of the lease term. “Low Accept” will pay twice the standard security deposit. “Conditional Accept” will pay two times the monthly rent as the security deposit. “Refer Accept” will pay amount specified on the “Refer” Criteria Worksheet Guidelines

• Insufficient or no verifiable income
• Unsatisfactory credit rating between 39% and 73.9%
• Insufficient or no rental history or home ownership

Applicants with no prior credit history, no social security number and those returned with a “Refer” recommendation from ConAm’s credit service provider must qualify for rental based on ConAm’s Rental Criteria for “Refer” Applicants. Calling for verification required for qualifying under the “Refer” criteria is limited to calls within the United States and its territories. A copy of the alternate qualifying criteria will be provided to the applicant, when applicable.

Co-signers/Guarantors are accepted at some communities. Co-signers/guarantors are accepted for those applicants that do not meet the minimum income requirements. When a co-signer/guarantor is accepted, the co-signer/guarantor must apply and be qualified as a resident. Guarantors and co-signers have full financial responsibility under the lease.

A criminal background check will be conducted for each applicant. The criminal search will be processed for all addresses at which the applicant(s) has resided over the previous forty-eight (48) months. The application will be rejected for any of the following reported criminal related reasons: Any Felony Convictions within the seven (7) years prior to the application date. Any Drug related convictions, including Petty Offenses, within seven (7) years prior to the application date. Any Prostitution related convictions (Felony/Misdemeanor) within the seven (7) years prior to the application date. Any of the above related changes resulting in “Adjudications Withheld” and/or “Deferred Adjudication”. Active Status on Probation or Parole resulting from any of the above within the seven (7) years prior to the application date. Any Terrorism related convictions (Felony/Misdemeanor) – NO TIME LIMIT Any Sex related convictions (Felony/Misdemeanor) – NO TIME LIMIT

Reasons for not approving an application include, but are not limited to: bankruptcy, insufficient income, unpaid judgments, eviction, outstanding rent debt, household size exceeding occupancy limits, and falsification of the application information. The application to rent will not be approved if the reservation deposit check is returned NSF.

9. Applicants owing another apartment community an outstanding obligation without verifiable justification will be required to pay that debt or provide proof of payment before application will be considered. If Applicant owned a home as previous residency, Applicant must furnish mortgage company references and proof of title ownership or transfer of ownership.

Applicant Consent The undersigned applicant(s) and co-signer(s) hereby consent to allow the condominium community, through its designated agents or associates, to obtain a consumer report and/or criminal record information on each of us and to obtain and verify each of our credit and employment information for the purpose of determining whether to lease a unit or home to me/us. We also agree and understand that owner and its agents and associates may obtain additional consumer reports on each of us in the future to update or review our account. Upon my/our request, owner will tell me/us whether consumer reports were requested and the names and addresses of any consumer-reporting agency that provided such reports.