The New York SW Management form serves as a crucial document for prospective tenants seeking to rent an apartment in New York City. This form collects essential information about the applicant, including personal details, employment history, and financial status, facilitating a thorough screening process by the management company. Understanding the requirements and implications of this form can empower renters to navigate the competitive housing market with greater confidence.
When navigating the rental market in New York, understanding the SW Management form is crucial for both prospective tenants and landlords. This comprehensive document serves as an essential tool in the application process, capturing vital information about the tenant's financial background, rental history, and personal details. It includes sections for listing current and previous addresses, employment details, and income verification, ensuring that landlords can make informed decisions. Additionally, the form addresses the need for references and includes a release authorization, allowing for thorough background checks. Prospective tenants must be aware of the application fees, required documentation, and timelines for submission to ensure a smooth leasing process. By familiarizing oneself with the intricacies of the SW Management form, individuals can better prepare themselves for a successful rental experience in the competitive New York housing market.
The application fee of $100.00 is non-refundable. This means that once you pay the fee, you cannot get it back, regardless of whether your application is approved or denied.
It is important to submit all required paperwork within 48 hours of submitting your application and fee. Delays in submission may affect your application status.
Students are required to have a guarantor to support their application. This is a standard requirement to ensure financial backing for the lease.
Landlords may request additional documents if deemed necessary. This could include further proof of income or other relevant information to support your application.
When filling out the New York SW Management form, it is crucial to follow specific guidelines to ensure your application is processed smoothly. Here are eight essential do's and don'ts:
511 East 78th Street, New York, NY 10075 Ph. 212 517 3000 Fax. 212 517 3686 csleasing@swmanagement.com
OFFICE USE ONLY
ADDRESS ___________________________ APT # _________________________ DATE _______________________________
RENT $_________________ SECURITY $_________________Moving date________________________
LEASE BEGINS ______/______/_____ LEASE EXPIRES ______/______/______ LEASE TERM: _____YEARS GUARANTOR ______YES _____NO
BROKER’S FIRM – AGENT NAME – PHONE # ____________________________________________________________
Please note all paperwork must be submitted within 48 hours from when the application and fee is received.
NAME __________________________________________ S.S. # ________-________-________ D.O.B. _______/_______/_______
E-MAIL ADDRESS: ______________________________________________________________________________________________
PRESENT ADDRESS ___________________________________________________________ APT # _________________________
CITY, STATE __________________________________________________________________ ZIP ___________________________
PHONE # (________) ________-________ MONTHLY RENT $_________________ Length of time: Years ____ Months ____
PRESENT LANDLORD ___________________ PHONE # (________) ________-________ REASON FOR MOVING_____________________
ADDRESS______________________________________________________________________________________________________
PREVIOUS ADDRESS ___________________________________________________________ APT # _________________________
MONTHLY RENT _________________ HOW LONG ________ YRS. _______MTHS.
PREVIOUS LANDLORD ____________________________________________________ PHONE # (________)________-________
ADDRESS _______________________________________________________________________________________________________
EMPLOYER ____________________________________________ POSITION ____________________________________________
ADDRESS _________________________________________________________________ PHONE # (________)________-________
SUPERVISOR _______________________ YEARLY SALARY $_________________ Length of time : Years ___ Months____
OTHER SOURCE OF INCOME ____________________________________________________________________________________
BANK REF:CHECKING ______________________ BRANCH _______________ SAVINGS ______________________ BRANCH _______________
CREDIT REFERENCES _____________________________________________________________________________________________
Do you have a pet Yes______ NO_______
Cat.#_____
Dog. # _____ Other please list _________ #________
HAVE YOU EVER OR ARE YOU CURRENTLY SERVING IN THE MILITARY ? YES______NO_________
Occupants NAME ________________________
AGE_________
RELATIONSHIP TO TENANT_______________________
The application information provided by you may be used to obtain a tenant screening report; the name and address of the consumer reporting agency or agencies that will be used to obtain such reports is:
TENANT SAFE-APPLICANT SAFE .112 CLIFTON AVENUE # 116, LAKEWOOD, NJ 08701.
Pursuant to federal, state and local law:
1.If we take adverse action against you on the basis of information contained in a tenant screening report, we must notify you that such action was taken and supply you with the name and address of the consumer reporting agency that provided the tenant screening report on the basis of which such action was taken;
2.If any adverse action is taken against you based on information contained in a tenant screening report , you have the right to inspect and receive a free copy of that report by contacting the consumer reporting agency;
3.Every tenant or prospective tenant is entitled to one free tenant screening report from each national consumer reporting agency annually, in addition to a credit report that should be obtained from www.annualcreditreport.com; and
4.Every tenant or prospective tenant may dispute inaccurate or incorrect information contained in a tenant screening report directly with the consumer reporting agency.
RELEASE AUTHORIZATION I hereby, give SW Management, LLC, full authorization for an investigative report whereby third parties may be contacted to report on my character, general reputation, personal characteristics, mode of living, salary-income, consumer credit, housing, criminal and banking- financial practices. I agree to hold the above named company and any affiliates harmless for any claims that may arise as a result of this investigation. I authorize Banks, Financial Institutions, Landlords, Business Associates, Credit Bureaus, Attorneys, Accountants and other persons or institutions with whom I am acquainted to furnish any and all information regarding me for the purpose of residency. This authorization also applies to any update reports which may be ordered as needed. I am willing that a photocopy or fax of this authorization be accepted with the same authority as this original.
I understand that there is a $100.00 Non-Refundable Application Fee + $35 shipping/processing fee (cash only).On approval we will require 2 SEPARATE MONEY ORDERS, CERTIFIED OR CASHIER’S checks to be submitted by listed tenant 1. First months rent , 2. Security Deposit .
__________________________________________
APPLICANT’S SIGNATURE
DATE
Please Note All paperwork is due within 48 hours of submitting application. Lease signing to be held with 24 hours of approval.
Guidelines to paperwork required to complete application process
Please note : if deemed necessary additional documents maybe requested by the landlord.
Applicant: Income requirement: 40x the monthly rent.
Employee
1.Current employment letter stating position held, date of hire & yearly salary. Letter head. Contact information and signature required.
2.3 recent pay stubs
3.Current Bank statement s – checking & savings
4.Landlord reference. Stating the term of your lease & payment history
5.Copy of valid state photo id. Current passport & or driving license
Self employed
1.First two pages of the last two years tax returns 1040 (2011 & 2012). Please note if self filed you will be requested to provide transcripts from the IRS – we can provide you with information on the procedure – a phone call is all that it takes
2.Current Bank statement s – checking & savings
3.Landlord reference .Stating the term of your lease & payment history
4.Copy of valid state photo id. Current passport & or driving license
Students Guarantor required
1.Current Bank statement s – checking & savings
2.School letter - stating enrollment & graduation date
3.Landlord reference - stating the term of your lease & payment history
4.Copy of valid state photo id. Legible passport & or driving license
International Students
1.U.S. Bank statements – current checking & savings
2.School Letter – stating enrollment & graduation date
3.Copy of current Passport, Visa and I-20
Guarantor: Max 2 people can act as guarantor. Income requirement: 80-100 x monthly rent.* Restrictions do apply please ask at front desk.
1.Current Employment letter stating position held, date hire & yearly salary. Letter head. Contact information and signature required.
2.3 recent pay stubs.
4.Copy of valid state photo id. Current passport & or driving license.
1.First two pages of the last two years tax returns 1040 (2011 & 2012). Please note if self filed you will be requested to provide transcripts from the IRS – we can provide you with information on the procedure – a phone call is all that it takes.
3.Copy of valid state photo id. Current passport & or driving license.
$100.00 application fee per tenant, guarantor & occupant + $35 shipping processing fee.
511 East 78th Street between York & East End Avenue.
Tel # 212.517.3000 Fax # 212.517.3686/212.396.3536. Email: csleasing@swmanagement.com
The New York SW Management form is an application used for renting apartments managed by SW Management, LLC. It collects essential information from prospective tenants, including personal details, employment history, and financial information. This form helps the management assess applicants and make informed decisions regarding tenancy.
You will need to provide various details, including:
The application requires a non-refundable fee of $100 per tenant, guarantor, or occupant. Additionally, there is a $35 shipping and processing fee. Payment must be made in cash only.
All required paperwork must be submitted within 48 hours of submitting your application and fee. This ensures that your application is processed in a timely manner.
Applicants must demonstrate an income of at least 40 times the monthly rent. If you are self-employed, you will need to provide your tax returns and additional financial documentation. For students, a guarantor is required, and their income must meet specific criteria as well.
If your application is denied based on information from a tenant screening report, you will be notified. The management will provide the name and address of the agency that supplied the report. You have the right to obtain a free copy of the report and dispute any inaccuracies.
Yes, you can have a guarantor. Up to two people can act as guarantors for your application. Their income must meet the requirement of 80 to 100 times the monthly rent. Guarantors must also provide specific documentation similar to that required from the tenant.
Filling out the New York SW Management form is a straightforward process, but attention to detail is essential. Make sure to gather all necessary information and documents before starting. This will help ensure that your application is complete and submitted on time, allowing for a smoother transition into your new home.
Completing the New York SW Management form can be a straightforward process, but several common mistakes can lead to delays or complications. Understanding these pitfalls can help ensure a smoother application experience.
One frequent error is incomplete contact information. Applicants often forget to provide a valid email address or phone number. This information is essential for communication regarding the application status. Without it, applicants may miss important updates or requests for additional documentation.
Another common mistake involves incorrect financial disclosures. When reporting income, some individuals either underestimate or overestimate their earnings. The application requires precise information about salary and other income sources. Inaccurate figures can raise red flags during the screening process, potentially leading to denial.
Failing to include required documentation is also a significant issue. The form specifies various documents needed for different applicant types—such as employment letters, bank statements, and landlord references. Omitting any of these can result in a delay in processing the application or even outright rejection.
Many applicants neglect to review the lease terms carefully. Misunderstanding the lease duration or expiration dates can lead to confusion later on. It is crucial to ensure that all dates are accurate and align with the applicant's intended moving schedule.
Another common oversight is not providing accurate pet information. If applicants have pets, they must disclose this information clearly. Inaccurate reporting can lead to complications if the landlord has specific pet policies or restrictions.
Some individuals also fail to disclose all occupants living in the unit. The application requires listing all individuals who will reside in the apartment. Not doing so can be viewed as a breach of trust and could jeopardize the application.
Another mistake is misunderstanding the application fee structure. Applicants should be aware that there is a non-refundable application fee and a processing fee. Not preparing the correct payment method can result in delays, as the application cannot be processed without these fees.
In addition, applicants often overlook the submission deadline. The form clearly states that all paperwork must be submitted within 48 hours. Missing this deadline can lead to the application being denied or put on hold.
Finally, many applicants do not double-check for errors before submitting the form. Simple mistakes, such as typos or missing signatures, can lead to unnecessary complications. Taking a moment to review the application can save time and frustration.
By being aware of these common mistakes, individuals can better prepare their applications and improve their chances of a successful outcome with SW Management.
Filling out and using the New York SW Management form requires careful attention to detail. Here are six key takeaways to keep in mind:
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