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Before moving into any of our houses for rent in Greensboro, NC, each adult will need to complete an application for approval. With the application, a prospective tenant is required to:

  1. Submit a copy of their driver’s license (or state ID or Passport), and the two most recent pay statements.
  2. There is a $60.00 non-refundable fee for each application.
  3. We will typically have the application process completed within 48 hours unless there are issues that may take additional time to correct.
  4. Once approved, a tenant has 48 hours to sign a rental agreement and pay the full deposit.
  5. After that, we will continue to show the property until both are completed.
  6. We will hold a property for up to 30 days with a fully paid deposit and a signed lease.
  7. If a tenant does not take possession, the deposit will be applied to the rent that would otherwise be collected and for any additional expenses in marketing and renting to a new tenant. The remainder of the deposit, if any remains, will be returned to the tenant.
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Approval

We are property managers and we manage each of our properties for and have a responsibility towards our owners. We may receive additional applications for a property before we have made a final decision and before we sign a rental agreement. We will generally select on a first-come-first-served basis. However, it is our obligation to the owner to select a tenant we feel is the most qualified. If we choose to rent to another applicant after receiving an initial application, we may, at our discretion, refund the application fee to an otherwise qualified applicant.

Rental Agreement

After your application is approved to rent one of our homes, we will give the keys over to you once we have confirmed the utilities have been changed over to you and the first month’s rent has been paid.

Move-In

We will provide a move-in inspection form that must be filled out within 3 days of moving in. This not only documents issues that may need to be addressed but also gives a record of problems so the tenant may not be liable for them when moving out.

Maintenance Addendum

A maintenance addendum is supplied with and is part of the rental agreement. This outlines the responsibilities of the tenant. It is not comprehensive nor is everything listed applicable to any particular property. It is more of a general guideline as to what kind of things the tenant is responsible for while renting.

Rent

Rent is due on or before the first of each month (unless another arrangement has been made). After the first, it is late.

  • There is a 5 day grace period for unanticipated situations. After the grace period, there will be a late fee assessed of 5% of the rent.
  • If we haven’t received the rent by the 6th of the month, we will demand payment either verbally or in writing. This will give another 10 days before the rental agreement is terminated and the immediate surrender of the property is requested. If the property is not turned over or the rent and late fee are not paid by the end of the 10 day waiting period we will initiate court action to have a judgment brought against the tenant. This can result in additional costs to the tenant.

Renter’s Insurance

Tenants are required to obtain renters, This is to protect you and your personal belongings. The landlord or the landlord’s agent is not responsible for any damage caused to the tenant’s possessions. Also, if there is any damage to the property caused by the tenant, the tenant will be responsible for paying for the damage. If that damage is excessive, as in the case of a fire, it could be very costly to repair.

Move Out

We will inspect each property for damage beyond normal wear and tear. If the property is in good condition, we will do our best to send the security deposit out within 30 days to the tenant. If taking more time for estimates or other delays we need to take a 30 day extension.

Maintenance/Repairs

Call SLT Properties at (336) 291-0254 for any repair or maintenance issues or questions you may have. We try to keep our Triad rental properties well maintained and make repairs as soon as possible.