Procedure To Rent

Updated procedure to rent

Dear Prospective Resident

Thank you for your interest in South Cove Plaza. Enclosed for your completion is the lease application package.

The following is a checklist of items/documents that should be returned to the Leasing Office within forty-eight (48) hours:

1) Signed and completed Application for Occupancy (24 hours).

2) The minimum annual income requirement is 40 (forty) times the monthly rent. For Guarantors the income requirement is a minimum annual income of 96 (ninety-six) times the monthly rent. Please note that South Cove Plaza accepts all forms of legal income including all government housing subsidies including Section 8.

3) Signed and completed Release of Information Authorization.

4) Fee for background and credit check in the amount of $20. Payment can be made by credit card (see credit authorization form) or check or money order to: DEMATTEIS BATTERY PARK ASSOCIATES, LLC. The application fee is NON-REFUNDABLE. Please note if you provide your own credit report dated not more than 1 month prior to the date of your application, this fee will be waived.

5) Two (2) consecutive pay stubs for each leaseholder, co-head of household or contenant, or letter from employer(s) verifying current income and employment; two recent bank statements as well.

6) Federal or State Income Tax returns, (if self-employment with CPA letter). The completed lease package must be returned to the rental office within two (2) days or we will place the apartment back on the market. We would be happy to assist you in the completion of the enclosed or answer any questions you may have.

7) If you are a Section 8 voucher holder, please provide a copy of your approved voucher. Note that certain other items above and on the application may not be applicable. Provide only those that are.

Upon receipt of the completed lease package, we will process your lease application for landlord approval; please allow 5-7 days to process. Your patience is appreciated.

Sincerely,
R.Y. Management Co., Inc.

50 Battery Place, New York, New York 10280 I Phone: 212-786-2803, Fax: 212-786-9393

RY Management Co.,Inc. Exclusive Leasing and Managing Agent An Equal Housing Opportunity

Release of information authorization

I HEREBY AUTHORIZE ANY INDIVIDUAL, COMPANY OR INSTITUTION TO RELEASE TO DEMATTEIS BATTERY PARK ASSOCIATES AND/OR ITS REPRESENTATIVE ANY AND ALL INFORMATION THAT THEY HAVE CONCERNING MY CHARACTER, REPUTATION, MODE OF LIVING, EMPLOYMENT HISTORY, EDUCATIONAL HISTORY, CRIMINAL ACTIVITY AND CREDIT REPORT.

I HEREBY RELEASE THE INDIVIDUAL, COMPANY OR INSTITUTION AND ALL INDIVIDUALS CONNECTED THERE WITH FROM ALL LIABILITY FOR ANY DAMAGE WHATSOEVER INCURRED IN FURNISHING SUCH INFORMATION

Tenant

Co-Tenant

Co-Tenant (check one)

50 BATTERY PLACE
NEW YORK, NEW YORK10280

Financial Statement
*Please provide documentation of each item listed

Liabilities

Income