THE CHICAGOAN APARTMENTS

RENTAL POLICIES

Equal Housing: The Chicagoan has a comprehensive policy of compliance with the Federal Fair Housing Act, as well as state and local statute codes and
ordinances.

Income: Our current rental ranges and minimum income requirements are as follows:
Rent Income Requirements Income Requirements
(1- 2) Adults (37%) (3 or more) Adults (20%) / Guarantor
Convertibles $1590-$1945 $51,268- $63,081 ---See Leasing Agent---
One Bedrooms $1720-$2580 $55,784- $83,676 ---See Leasing Agent---
Two Bedrooms $2365-$3420 $76,703- $110,919 $141,900-$205,200
Three Bedrooms $3650-$7210 $118,378-$233,8378 $219,000-$432,600

Alimony and/or child support payments will be considered when directed by a court order.

Applications: An application is to be filled out by each person occupying the apartment 20 years and older, as well as any Guarantors required. One
application per person, please. You must be at least 20 years old to apply for an apartment at The Chicagoan. The application fee is
$50.00 per applicant.

Deposits: All completed applications must be accompanied by a $400.00 non-refundable move in fee. The application fee will be deposited upon
receipt of the application and is non-refundable. The $400.00 move in fee will be deposited upon receipt of the application and is refunded
only if the application is rejected.

Credit Check: An investigative consumer report (credit check & criminal background check) will be obtained for each applicant 20 years of age and
older and must have a satisfactory rating. The main focus of the report will be the last four years. A high level of collections, judgments,
charge-offs, or bankruptcies in the last two years are unacceptable.

There must be zero of the following in the past 84 months (7 years): Tax Liens, Property Rental Debt, Mortgage Debt, Eviction or more
than one initial Eviction Filing.

There must be zero of the following in the past 12 months (1 year): Foreclosure/Repossession, Legal Items or Utility Debt including cell
phone.

A prior bankruptcy must have previously been discharged for at least 12 months and the applicant must have reestablished new acceptable
credit.

There can be no more than 10% of all open accounts with a credit rating of 2-9 in the previous 2 years. An applicant will also need to pass
a Name and Date of Birth Verification, Positive Check Verification, as well as a Social Security Number Fraud Analysis

Upon approval of your application, which can take 3-5 days, a lease needs to be signed within 7 days and the first months rent will be
due. No cash will be accepted. Make your checks payable to Draper and Kramer, I ncorporated.

Automatic Rejection: -Poor Landlord Reference -Applicant has been convicted of a felony in the past 100 years
-Registered Sex Offender -One or more serious misdemeanor offense in the past 100 years
-Past record reflects an inability to meet financial obligations based on credit history

Residence: Your present and previous residency must have prompt payment record, sufficient notice given, and all obligations fulfilled in accordance
with agreement, with minimum of four (4) year verifiable rental residency.

Employment: All applicants must have continuous employment with verifiable income. The two most recent pay stubs are required. If applicant is self-
employed, the most recent tax returns are required. No other evidence or proof is acceptable. If you are a full time student, a copy of a
current transcript is also required. If employed for less than 30 days, please submit a letter of employment.

Public Records: All applicants will be subject to a background check for evictions and a criminal history of felony offenses.

Occupancy: The Chicagoan has established specific occupancy standards with respect to each of the various sizes of apartments.

Convertible Not more than 2 individuals (and a child under 2 years old)
One Bedrooms Not more than 2 individuals (and a child under 2 years old)
Two Bedrooms Not more than 4 individuals (2 must be related)
Three Bedrooms Not more than 6 individuals (3 must be related)

Roommates: Each applicant/leaseholder is fully responsible for the entire rental payment and must execute the lease.

Parking: Garage parking is available at a cost of $260.00 per month. All motor vehicles must be operational with current tags and inspection
stickers. No repair of vehicles will be made at any time in the parking garage.

Rental Payments: The monthly rent is due and payable without demand on the first (1
st
) of each month. It is deemed late on the second (2
nd
) and is subject to
late payment penalty after the fifth (5
th
) of each month. All payments must be made in the form of a check or money order. Cash is not
accepted at the site office.

Returned Checks: All checks not honored by the financial institution on which they were drawn will be assessed a $50 service charge, plus applicable late
charges. A resident will be required to pay all future rental payments with certified funds (i.e. money order or cashiers check) after
receipt of two NSF checks in one year period.

Applicant __________________________________(signature)____ Date______________________
Applicant __________________________________(signature)____ Date______________________
Applicant _______________________________________________ Date______________________
Applicant _______________________________________________ Date______________________
APPLICATION FOR LEASE

Property ___________________ Apt. Desired _____ Move-In Date __________ Monthly Rent $_______________
Name _______________________________________ Date of Birth ___________ Social Security #______________
Home Phone ________________ Bus. Phone ________________ Drivers License State & #___________________
E-Mail Address __________________________________________
PERSONS TO OCCUPY APARTMENTS
Occupancy is limited to those specified below, and no others, without the express written permission of the management.
Full Legal Name Date of Birth Relationship Social Security Number
_________________________________ _______________ _______________________ _____________________________
_________________________________ _______________ _______________________ _____________________________
_________________________________ _______________ _______________________ _____________________________
_________________________________ _______________ _______________________ _____________________________
RESIDENCE HISTORY
Current Address_______________________________________________________________________________________________________
Street, city, state and zip code
Length of Residency: From _________________ to ___________________ Monthly Rent $_________________________________
Contact name ___________________________________________________ Phone__________________________________________
Contact address_________________________________________________________________________________________________________

Previous Address______________________________________________________________________________________________________
Street, city, state and zip code
Length of Residency: From __________________ to ___________________ Monthly Rent $_________________________________
Contact name ___________________________________________________ Phone__________________________________________
Contact address_________________________________________________________________________________________________________

Have you lived at a property managed by Draper and Kramer before? (circle one) Y / N
When did you move out? _________________ Which property/address? ___________________________________________________
EMPLOYMENT HISTORY
Current Employer ________________________________________________ Phone.__________________________
Address ______________________________________________________ Occupation_______________________
Street, city, state and zip code
Dates of employment: From ________________ to ________________ Gross Monthly Income $____________
Monthly Bonuses, etc. $_____________ Name of Supervisor _________________________________________
Previous Employer ____________________________________________ Phone.__________________________
Address ______________________________________________________ Occupation_______________________
Street, city, state and zip code
Dates of employment: From ________________ to ________________ Gross Monthly Income $____________
Monthly Bonuses, etc. $_____________ Name of Supervisor _________________________________________
ADDITIONAL SOURCE(S) OF INCOME / ASSETS
Source Annual Amount
__________________________ ___________________________
__________________________ ___________________________
__________________________ ___________________________
Bank Account(s) (Indicate Branch)
Name____________________________ Phone _________________ Savings Checking
Address __________________________________________________________________________________________
Street, city, state and zip code
Name____________________________ Phone_________________ Savings Checking
Address __________________________________________________________________________________________
Street, city, state and zip code
AUTO(S)
Make and Model of Car _______________ Year _________ License Plate/State _____________ Color______________
Make and Model of Car _______________ Year _________ License Plate/State _____________ Color______________

03_Lease Application-NRF-SD
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IN CASE OF EMERGENCY, PLEASE CONTACT
1
st
Choice
Name____________________________ Relationship _________________________ Day Phone_________________
Address ______________________________________________________________ Evening Phone______________
Street, city, state and zip code
2
nd
Choice
Name____________________________ Relationship_________________________ Day Phone_________________
Address ______________________________________________________________ Evening Phone______________
Street, city, state and zip code

1. I hereby apply for and offer to lease the apartment described herein for the lease term stated, at the rental and upon the terms and conditions set
forth herein and in Lessors standard lease form. I warrant that all of the representations in this application are true and correct.
2. I understand that occupancy of the apartment is limited to persons listed above under Persons to Occupy Apartment. I understand that if children
are occupants of the premises it is my responsibility to supply adequate supervision at all times.

A. SECURITY DEPOSIT B. NON-REFUNDABLE FEE
3.

________
Applicants
Initials


Simultaneously with the execution of the application I
am making a deposit in a sum of $____________
plus $__________ charge for an investigative report, it
being understood that the charge for the investigative
report is not refundable. Upon execution of the lease by
me it is understood that this deposit will be retained by
the Lessor and applied to the Security Deposit under the
terms and conditions contained in the lease. It is further
understood that at the time I execute the lease on the
premises I will pay the first months rental and the
balance of the Security Deposit. I understand that a
covenant of the lease requires rental payments on or
before the first day of each and every month in advance.
If the applicant fails to provide the necessary documents
to complete the background check within three (3)
business days, the applicant automatically forfeits the
reservation fee as liquid damages.
3.

________
Applicants
Initials

Simultaneously with the execution of the application I am
paying a non-refundable Administrati ve Fee of
$_________ plus $__________ charge for an
investigative report, it being understood that the charge
for the investigative report is not refundable under any
circumstances. The non-refundable Administrative Fee
will be used to cover administrative costs associated with
my arrival and departure from the property. This fee;
however, is neither being charged nor received by the
Landlord for the purpose of being considered as a Tenant
for this dwelling unit. This fee is mandatory and this
addendum to lease is hereby incorporated by reference
into the underlying lease signed by Lessor and Landlords
representative. It is further understood that at the time I
execute the lease on the premises I will pay the remainder
of the first months rent and the security deposit. I
understand that a covenant of the lease requires rental
payments on or before the first day of each and every
month in advance.
4.

________
Applicants
Initials


I understand that the Lessor may retain said deposit
as liquidated damages for its costs and expenses,
and not as a penalty, if any of the representations
made herein are false. I further agree that my
deposit is non-refundable (except for the provision
of paragraph 5 herein) and the deposit will be
retained if I do not execute a lease for the apartment
described herein (or any other apartment mutuall y
agreed upon). The Lessee must execute the lease
within 7 days of application acceptance.
4.

________
Applicants
Initials

I understand and agree that the application payment is
non- refundable, except as provided in paragraph 5
below, and that the application payment will be retained
as liquidated damages for its costs and expenses and not
as a penalty, if this application is approved and accepted
by Lessor and I do not execute and deliver to Lessor a
lease for the apartment described herein (or any other
apartment mutually agreed upon) immediately following
such approval and acceptance, or if any of the
representations made by me are herein are false. Lessee
must execute lease within 7 days of applications
acceptance or the apartment may be rented to another
party and the payment will not be refunded.

5. I understand that I acquire no rights on any apartment until I sign a lease in the form submitted to me; until all monies are paid to the Lessor as set
forth above; and the lease is executed by the Lessor. I understand that Lessor will refund said deposit to me if the apartment specified (or any
other apartment mutually agreed upon) is not available, or if this application is rejected by the Lessor for any reason.
6. As is customary in the business, I understand that routine inquiries may be made with respect to my tenancy. In compliance with the Fair Credit
Reporting Act, I understand that an investigative consumer report will be made which may include information as to my character, general
reputation, personal characteristics, and mode of living. The nature and scope of the investigation requested may include information obtained
through personal interviews concerning residence verification, marital status, number of dependents, employment, occupation, habits, reputation,
and mode of living. In addition, a criminal background check will be conducted.
7. I understand that my Application may be rejected if during the investigation there are found to be judgements, lien(s), or a bankruptcy in my
personal credit history or criminal conduct in my personal background. In addition, I understand and agree that if any information provided by me in
this Application shall be determined by the Lessor, in your sole discretion, to be false or misleading, this Application may be rejected or, if a Lease
shall have been executed, my Lease may be terminated by you in your sole discretion.
8. I agree to submit to Lessor a valid, government issued photo identification for all occupants which will be photocopied and made part of this
application when application is approved.
9. Waterbeds and/or Pets are not allowed without prior written authorization.
Do you have a waterbed? Yes No
Do you have a pet? Yes No Type______________________ Size__________
10. Prior criminal conduct is grounds for rejection of this Lease. Have you been convicted of a felony? Yes No
Have you or any occupant been convicted of any crimes related to sexual activity? Yes No
Have you or any occupant ever been convicted of a misdemeanor? Yes No
Are there any criminal charges currently pending against you or any occupant? Yes No
If you answered Yes to any of these questions, please describe the convictions or pending charges below.


11. Security Deposits are only refunded in the name of the person(s) noted on the lease as leaseholders.
12. The applicants are being evaluated as a whole. If any of the applicants should change, a new application will then need to be completed and
approved.

______________________________________ Disapproved Date. ________________
Applicants Signature Date
Approved Date ________________
______________________________________
Applicants Signature Date
_____________________________________
______________________________________ Managers Signature
Leasing Agents Signature Date
03_Lease Application-NRF-SD
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