Application Criteria

Rental Application Policy

Thank you for applying with Ocean Realty & Property Management for your housing needs. In order to best serve you, we feel it is imperative that you are made aware of, and fully understand our application policies and procedures.

Each adult over the age of 18 years needs to submit an application. The Application Fee is $50 per adult and it is non-refundable.

Before you apply for the home, read the following information carefully concerning the approval process. If you have any questions, contact our Leasing Coordinator propertymanagement@oceanrealty.homes during business hours. Monday to Friday 8:30 am to 5pm EST.

Ocean Realty & Property Management fully complies with the Fair Housing Law. We do not discriminate against persons because of race, color, religion, sex, handicap, familial status, national origin or age. We also comply with all state and local fair housing laws. Approval is based on Seven factors:

  1. Identification Verification
  2. Credit History & Verification
  3. Rental History & Verification
  4. Income History & Verification
  5. Employment History & Verification
  6. Criminal Background & Terrorist Database Search (Addendum Attached)

Please read this document carefully before applying. It is the policy of this management company that applications must be complete and all fees paid prior to submission for consideration. All completed applications are processed on a daily basis (Mon-Fri, excluding Holidays). All approved applications for the same property may be submitted for final decision.

An application will contain:

  1. Signed Ocean Realty & Property Management General Rental Criteria, Rental Application Policy and Procedures
  2. Signed Ocean Realty & Property Management Privacy Notice (Full Addendum Attached)
  3. Ocean Realty & Property Management Residential Lease Application; (One for each individual 18 years and older)
  4. $50 Application fee for each Ocean Realty & Property Management Residential Lease Application submitted
  5. Valid Driver's License or other Photo ID for each Residential Lease Application submitted
  6. Verifiable Proof of Income (2 months of bank statements & 2 months of paystubs or 2 years of tax returns if self-employed)

General Rental Criteria

Lease Processing Fee: There will be a one-time lease processing fee of $125 charged and it will need to be paid at
the time of your application approval.

Two Years of Good Rental History: No Forcible Entry & Detainer (Evictions) unless you have verifiable documentation of landlord irresponsibility. However, an FE&D due to property damage by the resident will not be accepted under any circumstances. No history of any damage to the residence, or an outstanding balance due to a previous landlord. If you have no prior rental history then you must have a qualified cosigner - the cosigner must be a resident of Florida, have a good credit history and be willing to sign the lease. We can accept base housing as rental history.

Verifiable Gross Income: Minimum of three times the rent charged on the residence. Section 8 vouchers and certificates may be accepted. The resident must meet the same criteria as those seeking non-subsidized housing.

Criminal Background Check: Residency may be denied due to criminal history (see Criminal Background Criteria)

Credit History: Credit history must show that the resident has paid bills on time and does not have a history of debt write-offs or accounts that have gone into collection. Residency may be denied due to poor credit history. All lease holder's credit scores are averaged. Credit Score 1-499 will be declined. Co-signers are eligible to help increase your credit score if needed. Qualified co-signer’s Credit Score must have a minimum of 700 or higher.
Example: Applicant Credit Score = 500 + Co-signer Credit Score = 700, Average Credit Score = 600

Upon Approval: If application is approved, you must pay a $125.00 processing fee in certified funds, security deposit in certified funds and sign the lease within two (2) business days. The property will stay on temporary hold while we write your lease. The lease will be sent out for the agreed upon move in date through Authentisign for you to review and sign online. You will have 24 hours to review and sign the lease once it has been sent to you. After the lease has been signed we will take the property off the market. Once all fees and prorated rents have been paid we will, on the morning of your lease start date, meet you at the property to collect remaining certified funds due and provide your keys.

Property Condition: Applicant is required to view the Property prior to signing any lease. Landlord makes no express or implied warranties as to the Property's condition. Should Applicant and Landlord enter into a lease, Applicant can request repairs or treatments.

Ocean Realty & Property Management Inc.® is an Equal Opportunity Housing Company and a member of the National Association of Residential Property Managers (NARPM®) & National Association of REALTORS®. Our staff members adhere to a strict Code of Ethics, and to the Federal Fair Housing Law.

Privacy Notice

You have chosen to do business with Ocean Realty & Property Management Inc, and we are obligated to honor the relationship with great care, beginning with the confidential information that may come into our possession during the course of your transaction with us. We believe that your privacy should not be compromised and are committed to maintaining the confidentiality of that information.
You can be assured that we are respectful of your privacy and safeguarding your “nonpublic personal information”. Nonpublic personal information is information about you that we collect in connection with providing a financial product or service to you. Nonpublic personal information does not include information that is available from public sources, such as telephone directories or governmental records.
We collect personal information about you from the following sources:

  • Information we receive from you on applications or other forms
  • Information about your transactions with us
  • Information about your transaction with non affiliated third parties
  • Information we receive from a consumer-reporting agency

We respect the privacy of our customers, and we will not disclose nonpublic personal information about our customers or former customers to anyone, except as permitted by law.

We restrict access to nonpublic personal information about you to those employees who need that information to provide products to you.

We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard your nonpublic personal information.

We will not disclose nonpublic personal information about our customers or former customers to nonaffiliated third parties, except permitted by law.

Ocean Realty & Property Management Inc. recognizes and respects the privacy expectations of our customers. We want our customers to understand our commitment to privacy in our use of customer information. Customers who have any questions about the Privacy Policy or have any questions about the privacy of their customer information should call Ocean Realty & Property Management Inc..