Article Guide
The New York SW Management form is a crucial document for anyone looking to secure a rental apartment in the city. It collects essential information from prospective tenants, including personal details, employment history, and financial status. Key sections of the form require applicants to provide their current and previous addresses, monthly rent amounts, and landlord references. Additionally, it asks for income verification, which can include recent pay stubs or tax returns, depending on employment status. The form also addresses additional factors such as the presence of pets, military service, and the need for a guarantor. Importantly, applicants must submit all required paperwork within 48 hours of applying, ensuring a swift processing of their application. This urgency helps streamline the leasing process, allowing potential tenants to move forward quickly. Understanding these elements is vital for anyone navigating the competitive New York rental market.
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511 East 78th Street, New York, NY 10075 Ph. 212 517 3000 Fax. 212 517 3686 [email protected]
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: [email protected]
Form Specifications
| Fact Name | Description |
|---|---|
| Application Fee | A non-refundable application fee of $100 is required, along with a $35 shipping and processing fee. |
| Submission Deadline | All paperwork must be submitted within 48 hours of receiving the application and fee. |
| Lease Duration | The lease term can vary but must be specified in years on the application form. |
| Tenant Screening | The application allows for tenant screening reports to be obtained, with rights provided under federal and state laws. |
| Governing Law | This form is governed by New York State laws regarding rental agreements and tenant rights. |
New York Sw Management: Usage Guidelines
Filling out the New York SW Management form requires careful attention to detail. Ensure that all sections are completed accurately to facilitate the application process. Once the form is filled out, it should be submitted along with the required fees and supporting documents within the specified timeframe.
- Begin by entering the office use only address and apartment number at the top of the form.
- Fill in the date of the application.
- Provide the rent amount and security deposit amount.
- Indicate your moving date.
- Specify the lease start and lease expiration dates.
- State the lease term in years.
- Indicate if you have a guarantor and provide their details if applicable.
- Fill in the broker's firm, agent name, and phone number.
- Complete your name, Social Security number, and date of birth.
- Provide your email address.
- Enter your present address and apartment number.
- Fill in the city, state, and zip code.
- Provide your phone number.
- Indicate your monthly rent and how long you have lived there.
- Fill in your present landlord's name and phone number.
- State the reason for moving.
- Provide your previous address and apartment number.
- Indicate the monthly rent and how long you lived there.
- Fill in your previous landlord's name and phone number.
- Provide your employer's name, position, and address.
- Enter your supervisor's name and yearly salary.
- Indicate any other sources of income.
- Fill in your bank references for checking and savings accounts.
- Indicate if you have a pet and provide details.
- Answer whether you have served in the military.
- List the names, ages, and relationships of any occupants.
- Read and acknowledge the application information section.
- Complete the release authorization section and sign.
- Note the application fee and payment instructions.
- Gather and prepare the required supporting documents as listed.
Your Questions, Answered
What is the New York SW Management form used for?
The New York SW Management form is primarily used for rental applications. It collects essential information from prospective tenants to assess their eligibility for renting an apartment. The form includes sections for personal details, employment history, income verification, and landlord references.
What information do I need to provide on the form?
Applicants must provide personal details such as name, Social Security number, date of birth, and contact information. Employment information, including the employer's name, position, and salary, is also required. Additionally, applicants should include their current and previous addresses, rental history, and references. If applicable, pet information and details about additional occupants must also be included.
What are the fees associated with submitting the application?
There is a non-refundable application fee of $100 per tenant, guarantor, or occupant. Additionally, a $35 shipping and processing fee is required. Upon approval, two separate money orders or certified checks will be needed for the first month's rent and the security deposit.
How long do I have to submit the application after receiving the form?
All paperwork must be submitted within 48 hours from when the application and fee are received. It is important to adhere to this timeline to ensure the application is processed promptly.
What documents are required for the application process?
The required documents vary based on employment status. For employees, a current employment letter, recent pay stubs, bank statements, landlord references, and a valid photo ID are needed. Self-employed individuals must provide tax returns, bank statements, and similar documentation. Students will need a guarantor and specific school-related documents. International students have additional requirements, including proof of enrollment and visa documentation.
Can I have a guarantor for my application?
Yes, applicants can have a guarantor. A maximum of two people can act as guarantors, and they must meet specific income requirements, typically 80 to 100 times the monthly rent. The guarantor must also provide necessary documentation similar to that of the tenant.
What happens if my application is denied?
If your application is denied, you will be notified of the adverse action taken. You will also receive the name and address of the consumer reporting agency that provided the tenant screening report. You have the right to request a free copy of that report and dispute any inaccuracies directly with the agency.
Common mistakes
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Incomplete Information: One common mistake is leaving sections of the form blank. Each field is important and provides necessary information for the application process. Always ensure that all required fields are filled out completely.
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Incorrect Financial Details: Applicants often misreport their income or rent amounts. Double-check that the figures provided match your actual financial situation. Discrepancies can lead to delays or denials.
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Missing Supporting Documents: Failing to include required documents, such as pay stubs or bank statements, can hinder the application. Make a checklist of all necessary documents and ensure they are submitted along with the form.
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Ignoring Submission Deadlines: Applicants sometimes overlook the 48-hour deadline for submitting paperwork. Missing this deadline can result in the application being rejected. It's crucial to submit everything promptly.
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Not Providing Accurate Contact Information: Providing outdated or incorrect contact details can create communication issues. Ensure that all phone numbers and email addresses are current and reachable.
Documents used along the form
When applying for a rental property in New York, several forms and documents are often required alongside the New York SW Management form. Each of these documents serves a specific purpose in the application process. Ensure that you have these forms ready to streamline your application.
- Tenant Screening Report Authorization: This document allows the landlord to obtain a tenant screening report. It includes your consent for third parties to report on your character, credit history, and other relevant information.
- Current Employment Letter: This letter verifies your employment status, position, and salary. It should be on company letterhead and signed by your supervisor or HR representative.
- Landlord Reference Letter: This letter provides a reference from your previous landlord. It should confirm your rental history, payment reliability, and the terms of your lease.
- Bank Statements: Recent bank statements from your checking and savings accounts are required to demonstrate your financial stability and ability to pay rent.
- Identification Documents: A copy of your valid state photo ID, passport, or driver’s license is needed for identity verification. This helps ensure that the information you provide is accurate and legitimate.
Gathering these documents promptly will enhance your application process. Be sure to review each document carefully to ensure accuracy and completeness before submission.
Similar forms
- Rental Application Form: Similar to the New York SW Management form, a rental application form collects personal and financial information from prospective tenants. It typically includes details about employment, income, and rental history, helping landlords assess the suitability of applicants.
- Lease Agreement: Like the New York SW Management form, a lease agreement outlines the terms of tenancy. It specifies the rental amount, duration of the lease, and responsibilities of both the landlord and tenant, ensuring clear expectations for both parties.
- Tenant Screening Consent Form: This document is akin to the authorization section in the New York SW Management form. It allows landlords to obtain background checks on applicants, ensuring they can make informed decisions based on the tenant's credit and rental history.
- Guarantor Agreement: Similar to the guarantor section in the New York SW Management form, this document is used when a third party agrees to be responsible for the tenant’s lease obligations if they fail to pay rent or meet other terms.
- Pet Policy Agreement: Much like the pet section in the New York SW Management form, this document outlines the rules and regulations regarding pets in rental properties, including any additional fees or deposits required for pet owners.
- Security Deposit Receipt: This document is similar to the security deposit section of the New York SW Management form. It serves as proof that the tenant has paid a security deposit, which protects the landlord against potential damages or unpaid rent.
- Move-In Inspection Checklist: Comparable to the information collected in the New York SW Management form, this checklist documents the condition of the rental unit at move-in. It helps prevent disputes over damages when the tenant moves out.
- Income Verification Letter: Similar to the employment verification requirements in the New York SW Management form, this letter confirms a tenant's income, which is crucial for landlords to ensure that applicants can afford the rent.
- Background Check Authorization: This document is akin to the release authorization in the New York SW Management form. It allows landlords to conduct background checks on applicants to assess their suitability as tenants.
- Credit Report Authorization Form: Similar to the tenant screening report section, this form grants permission for landlords to obtain a credit report, providing insight into the applicant's financial responsibility and creditworthiness.
Dos and Don'ts
When filling out the New York SW Management form, it’s crucial to approach the task with care. Here’s a list of things you should and shouldn’t do to ensure a smooth application process.
- Do: Double-check all your personal information for accuracy. Mistakes can delay your application.
- Do: Provide complete and honest details about your income and employment. Transparency is key in building trust.
- Do: Submit all required documents within the specified 48-hour timeframe. This shows your commitment and seriousness about the application.
- Do: Keep copies of everything you submit. This will help you track your application and have a reference if needed.
- Don't: Leave any sections blank. If a question does not apply to you, write "N/A" instead of skipping it.
- Don't: Forget to include your application fee. Incomplete applications can lead to automatic disqualification.
By following these guidelines, you can enhance your chances of a successful application. Remember, attention to detail and promptness can make a significant difference in the process.
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: There are no income requirements for applicants.
- Misconception 5: You do not need to provide a landlord reference.
- Misconception 6: Only U.S. citizens can apply.
- Misconception 7: The lease signing can occur at any time after approval.
The application fee of $100.00 is non-refundable. This is clearly stated in the application form.
All required paperwork must be submitted within 48 hours of the application and fee being received. Delays can jeopardize your application.
A guarantor is required for students and may be necessary for other applicants based on their financial situation. Always check your specific requirements.
Applicants must meet specific income requirements. For employees, this is typically 40 times the monthly rent. Make sure you have the necessary documentation to prove your income.
A landlord reference is required to verify your rental history. This is crucial for your application to be considered.
International students can apply, but they must provide specific documentation, including U.S. bank statements and a valid visa.
Lease signing must occur within 24 hours of approval. Be prepared to act quickly to secure your rental.
Key takeaways
Filling out the New York SW Management form requires careful attention to detail. Here are some key takeaways to consider:
- Timely Submission: All paperwork must be submitted within 48 hours of the application and fee being received.
- Application Fees: A non-refundable application fee of $100, along with a $35 shipping and processing fee, is required in cash.
- Income Requirements: Applicants must demonstrate an income that is 40 times the monthly rent. For guarantors, the requirement increases to 80-100 times the monthly rent.
- Documentation: Required documents vary based on employment status. Employees need recent pay stubs and a current employment letter, while self-employed individuals must provide tax returns and bank statements.
- Lease Details: The form requires specific lease information, including the lease term, start and end dates, and the amount of rent and security deposit.
- Tenant Screening: The information provided may be used to obtain a tenant screening report, which can affect the application outcome.
- Guarantor Information: If a guarantor is needed, their financial details and documentation must also be submitted.
- Occupant Details: The form requires information about all occupants, including their names, ages, and relationships to the tenant.
Understanding these aspects can streamline the application process and enhance the chances of approval.