RESIDENTIAL APPLICATION
Please print out and fill in the application and submit all additional documents to our office. Please look at the entire application to make sure that you have filled out all information. If information is withheld your application will be considered incomplete. Everyone over the age of 18 years old must apply. Submit all documents as soon as possible to Team@adventpropertiesinc.com. Office hours are from 9 am to 4 pm Monday to Friday.
Download Residential ApplicationCOMMERCIAL APPLICATION
Each commercial unit has its own qualification requirements; contact us for details. Please print out and fill in the application and submit all additional documents to our office. Please look at the entire application to make sure that you have filled out all information. If information is withheld your application will be considered incomplete. Everyone over the age of 18 years old must apply. Submit all documents as soon as possible to Team@adventpropertiesinc.com. Office hours are from 9 am to 4 pm Monday to Friday.
Download Commercial ApplicationRENTAL APPLICATION PROCESS AND GENERAL REQUIREMENTS
The application process usually takes three (3) business days after receipt of a complete application, supporting documentation, and application fee.
10 Days before move-in, secure funds (deposit and first month rent) must be hand delivered (or 5 extra business days for regular mail) in a sealed labeled envelope to the Advent Properties, Inc. Oakland office with the following information provided:
1. Name
2. New address
3. The words NEW RESIDENT on the front.
If the office is closed, please place funds through the mail slot opening in the front door. It takes 10 BUSINESS DAYS for certified funds to clear. If the 10th day lands on a weekend, we will still have to wait until we have confirmation from accounting that the checks have cleared. Funds not cleared cannot receive keys - this may delay a move-in date.
Advent Properties, Inc.
C/O Accounting Office / NEW RESIDENT
1600 MacArthur Blvd.
Oakland, CA 94602
- One (1) applicant: 2.2 x the monthly rental rate in verifiable monthly net income is required. Two (2) applicants: 3.3 x the monthly rental rate in verifiable, combined monthly net income is required. Three (3) applicants: 4.4x the monthly rental rate in verifiable, combined monthly net income is required. Four (4) applicants: 5.5 x the monthly rental rate in verifiable, combined monthly net income is required. Five (5) applicants: 6.6 x the monthly rental rate in verifiable, combined monthly net income is required. Net income is calculated by taking the applicant’s take-home pay and subtracting the monthly debt service as reported in the applicant’s credit report.
- Verifiable monthly income must be documented by the most recent two (2) months' pay stubs for the applicant. Offers of employment must contain initial employment day within thirty (30) days of application, and the total salary stated in the offer of employment will be discounted to 60% to calculate monthly income.
- If cash reserves are used to qualify, the cash reserves amount must be equivalent to the above income requirements for the duration of the initial term of the tenancy. The cash reserves must be in the applicant's account(s) for a minimum of six (6) months. Only cash or cash equivalents will be considered (e.g., CDs, money market funds, etc). Retirement accounts are not considered unless the applicant is of age for penalty-free withdrawal.
- Each applicant must have a minimum credit score of 661+ (based on VantageScore 3.0) to qualify. Note, some properties have different credit score requirements, please refer to the advertisement for the actual requirements.
- Each applicant must have two (2) years of established credit history in good standing (e.g. no delinquency, collection, or other negative remarks).
- No prior Evictions on your record.
- A positive (not neutral) landlord reference from the most recent two landlords is required.
- If you have a pet, you must request a separate pet application from us and submit the completed pet application at the same time you submit the rental application.
- If someone requests information on you or your rental history for law enforcement, governmental or business purposes, we may provide it.