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The New York SW Management form is a crucial document for those looking to rent a property in New York City. It serves as an application that collects essential information from prospective tenants. Key details include personal identification, current and previous addresses, employment history, and financial information. Applicants must provide their income details, which are evaluated against specific requirements to ensure they can meet the rental obligations. The form also requires information about any guarantors, should the applicant need one. Additionally, it outlines the necessary documentation, such as pay stubs, bank statements, and landlord references, that must accompany the application. There are also fees associated with the application process, including a non-refundable application fee and processing charges. The form emphasizes the importance of submitting all paperwork within a specified timeframe to facilitate a smooth application process. Understanding these components can help applicants navigate the rental landscape more effectively.
Similar forms
- Rental Application Form: Similar to the New York SW Management form, a rental application collects personal information about the applicant, including employment history and references. Both forms require details about income and previous rental history.
- Lease Agreement: This document outlines the terms of renting a property, including the lease duration and rent amount. Like the SW Management form, it specifies the responsibilities of both the landlord and tenant.
- Background Check Authorization: This form allows landlords to conduct background checks on potential tenants. It shares similarities with the SW Management form, which also authorizes investigations into the applicant’s background.
- Guarantor Agreement: This document is used when a guarantor agrees to take responsibility for the lease if the tenant cannot pay. The SW Management form includes a section for guarantor information, making it relevant.
- Pet Application Form: This form is used to obtain information about pets that a tenant wishes to keep in the rental property. Like the SW Management form, it asks for details about the pet and its care.
- Income Verification Form: This document is used to confirm a tenant's income through pay stubs or tax returns. The SW Management form also requires proof of income for the application process.
- Credit Check Authorization: This form gives permission for landlords to check a tenant’s credit history. The SW Management form mentions the use of tenant screening reports, which often include credit checks.
- Move-In Checklist: This document outlines the condition of the property before a tenant moves in. It is similar to the SW Management form in that it helps protect both the landlord and tenant regarding property condition.
Form Preview
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. #
PRESENT ADDRESS ___________________________________________________________ APT # _________________________
CITY, STATE __________________________________________________________________ ZIP ___________________________
PHONE # (________)
PRESENT LANDLORD ___________________ PHONE # (________)
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 _________ #________ |
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HAVE YOU EVER OR ARE YOU CURRENTLY SERVING IN THE MILITARY ? YES______NO_________ |
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Occupants NAME ________________________ |
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AGE_________ |
RELATIONSHIP TO TENANT_______________________ |
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Occupants NAME ________________________ |
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AGE_________ |
RELATIONSHIP TO TENANT_______________________ |
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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
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,
I understand that there is a $100.00
__________________________________________ |
__________________________________________ |
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
Guarantor: Max 2 people can act as guarantor. Income requirement:
Employee
1.Current Employment letter stating position held, date hire & yearly salary. Letter head. Contact information and signature required.
2.3 recent pay stubs.
3.Current Bank statement s – checking & savings
4.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.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
Common mistakes
Filling out the New York SW Management form can be straightforward, but many applicants make common mistakes that can delay the process. One frequent error is failing to provide accurate contact information. Ensure that all phone numbers and email addresses are correct. An incorrect entry can lead to missed communication, which may hinder your application.
Another mistake involves leaving out important financial details. Applicants often forget to specify their monthly rent and security deposit amounts. These figures are crucial for the landlord to assess your financial situation. Double-check that these amounts are filled in correctly to avoid unnecessary complications.
Many people also overlook the lease dates. It's essential to clearly indicate when the lease begins and expires. Incomplete or incorrect dates can lead to confusion and may even affect your move-in schedule. Pay close attention to this section to ensure everything aligns with your plans.
Additionally, applicants sometimes neglect to provide information about their current and previous landlords. This can be a significant oversight. Landlords often rely on references to gauge an applicant's reliability. Make sure to include accurate names and contact numbers for your previous landlords.
Another common issue is not including required documentation. The form specifies various documents needed, such as employment letters and bank statements. Failing to submit these can result in delays or even rejection of your application. Always review the checklist provided to ensure you have everything ready.
Some applicants forget to sign the form. A missing signature can render the application incomplete. Be sure to sign and date the form before submission to confirm your agreement with the terms outlined.
Inconsistent information is another mistake that can cause problems. Ensure that the details you provide in different sections of the form match. For instance, your income should align with what you state on your bank statements. Discrepancies can raise red flags for the landlord.
Moreover, applicants often skip the pet section. If you have a pet, be sure to indicate it clearly on the form. Not disclosing this information could lead to issues later on, especially if there are restrictions in the lease regarding pets.
Lastly, many people fail to submit the application fee on time. The form states that all paperwork must be submitted within 48 hours. Delaying payment can jeopardize your application status. Ensure you have the necessary funds ready to avoid any setbacks.
By being aware of these common mistakes, you can enhance your chances of a smooth application process. Take your time to review the form thoroughly before submission.
More About New York Sw Management
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What is the New York SW Management form used for?
The New York SW Management form is primarily used for rental applications in New York City. It collects essential information from prospective tenants, including personal details, employment history, and financial information. This form helps landlords assess the suitability of applicants for renting an apartment.
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What documents are required to complete the application process?
To complete your application, you will need to provide several documents, which may vary based on your employment status. Generally, you should include:
- For employees: A current employment letter, three recent pay stubs, a current bank statement, a landlord reference, and a copy of a valid state photo ID.
- For self-employed individuals: The first two pages of your last two years' tax returns, current bank statements, a landlord reference, and a valid state photo ID.
- For students: A guarantor is required, along with current bank statements, a school letter confirming enrollment, a landlord reference, and a valid state photo ID.
- For international students: Current U.S. bank statements, a school letter, and copies of your passport, visa, and I-20 form.
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What are the application fees?
The application process requires a non-refundable fee of $100 per tenant, guarantor, and occupant. Additionally, there is a $35 shipping and processing fee. These fees must be paid in cash when submitting your application.
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How long do I have to submit my application paperwork?
All paperwork must be submitted within 48 hours of when your application and fees are received. This ensures that your application is processed in a timely manner. If you are approved, lease signing will take place within 24 hours of your approval.
Misconceptions
- Misconception 1: The application fee is refundable.
- Misconception 2: All paperwork can be submitted at any time.
- Misconception 3: A guarantor is optional for all applicants.
- Misconception 4: You only need to provide one form of income verification.
- Misconception 5: Previous landlords do not need to be contacted.
- Misconception 6: The lease signing can occur immediately after application approval.
Many applicants mistakenly believe that the $100 application fee is refundable. In reality, this fee is non-refundable, regardless of whether the application is approved or denied.
Some individuals think they can take their time submitting the required paperwork. However, all documents must be submitted within 48 hours of the application and fee being received to ensure the process continues smoothly.
This is not true. For students, having a guarantor is a requirement. Those who do not have sufficient income or credit history may also need a guarantor to support their application.
Applicants often believe that a single document will suffice. In fact, multiple forms of income verification are necessary, including recent pay stubs, employment letters, and bank statements, depending on the applicant's employment status.
Some applicants think that references from previous landlords are optional. However, these references are crucial for verifying rental history and payment behavior, and they are typically required as part of the application process.
There is a common belief that once an application is approved, the lease signing can happen right away. In fact, lease signing is typically scheduled within 24 hours of approval, allowing time for final preparations.
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Key takeaways
When filling out and using the New York SW Management form, several important points should be kept in mind. These takeaways can help ensure a smooth application process.
- Timeliness is Key: All paperwork must be submitted within 48 hours of the application and fee being received. Delays could jeopardize your application.
- Accurate Information: Ensure that all personal details, including your current and previous addresses, employment information, and income, are filled out correctly. Inaccuracies can lead to complications.
- Documentation Requirements: Be prepared to provide supporting documents such as pay stubs, bank statements, and references. Different categories of applicants (employees, self-employed, students) have specific requirements, so check these carefully.
- Application Fees: A non-refundable application fee of $100, along with a $35 shipping/processing fee, is required. Make sure to have cash available for these payments.
- Guarantor Information: If you are a student or do not meet income requirements, you may need a guarantor. Know the income requirements for guarantors, which can be significantly higher than those for regular applicants.
- Tenant Screening Reports: Understand that your application information may be used for tenant screening. You have rights regarding this process, including the ability to dispute inaccuracies in your report.
New York Sw Management: Usage Guide
Completing the New York SW Management form is an essential step in your application process for renting a property. Make sure you have all your information ready before you start filling it out. This guide will help you navigate through the form step by step.
- Contact Information: Begin by entering the address of the property you are applying for, including the apartment number, and your contact information. Include your phone number and email address.
- Rental Details: Fill in the rent amount, security deposit, moving date, lease start date, and lease expiration date. Indicate the lease term in years.
- Guarantor Information: Specify whether you have a guarantor by checking 'Yes' or 'No'. If yes, include the guarantor's details.
- Broker Information: If applicable, provide the broker's firm name, agent name, and phone number.
- Personal Information: Write your full name, Social Security number, date of birth, and current address. Include your previous address if applicable.
- Landlord References: Enter the name and phone number of your current landlord, along with the reason for moving and their address.
- Employment Information: Fill in your employer's name, position, address, phone number, and supervisor's name. Also, include your yearly salary and length of time at your job.
- Bank References: Provide details about your checking and savings accounts, including the bank names and branches.
- Pet Information: Indicate whether you have a pet and provide details if applicable.
- Occupants Information: List the names, ages, and relationships of all occupants who will live with you.
- Authorization: Sign and date the form, granting SW Management permission to conduct background checks and verify your information.
- Application Fees: Be prepared to pay a non-refundable application fee and processing fee. Specify how you will make this payment.
After completing the form, ensure that all required documents are gathered. Submit your paperwork within 48 hours of applying to keep your application moving forward. If you have any questions, don't hesitate to reach out to SW Management for assistance.