Rental Application & Criteria

General Requirements

Rental Application

Income Criteria

Criminal Criteria

Landlord Approved Tenant Liability Insurance

Required Property Damage Liability Insurance: NOTICE! All Tenants are required to maintain property damage liability insurance on behalf of the Landlord and Property Manager. Coverage is required in the amount of One Hundred Thousand Dollars ($100,000.00) for damage to both Landlord’s and third parties’ property with the provisions covering at least the perils of fire, smoke, explosion, accidental water discharge and sewer backup. Tenants are required to name R.P. Management, Inc., as an “Interested Party”.

Such a policy shall be written not contributing with, and not in excess of coverage that Landlord may carry, and must waive all rights of subrogation against Landlord and Property Manager. It is agreed that Landlord carries insurance for its protection, and that the Tenant is not a beneficiary of such insurance. Tenant shall be responsible to Landlord for all costs of repair for damages as stated in the Lease regardless of existing Landlord insurance.

Tenants may OPT OUT of purchasing this required insurance through landlord’s preferred insurance provider at any time by providing written proof of the following three items:

  1. Evidence of Required Insurance levels to show the Policy is in effect, when it will start & end, and who is named on the policy.
  2. R.P. Management, Inc., must be named as an “Additionally Interested” party to the insurance binder provided by the tenant.
  3. The Tenant Liability coverage has to be equal to or greater than: $100,000 in Tenant Liability Coverage to the Property.

Cost through R.P. Management, Inc: $9.00 per month plus a $3.00 per month administration fee for a total of $12.00 per month, per home. Tenants are required to carry Tenant Liability Insurance. Unless a Tenant Opts Out of this insurance by following the steps above, a policy will be automatically provided to the Tenant for $12.00 per month.

Failure to Maintain Insurance: If the tenant’s coverage for their independently self-procured tenant liability insurance is lapsed by either non-payment or non-renewal after lease execution, R.P. Management, Inc will place that tenant under this program by default for $12.00 per month plus a one-time $75.00 set-up fee.

Disclosure of Relationship: R.P. Management, Inc is affiliated with Surevestor, Inc., which is a nationwide affiliation of residential property managers. The Tenant Liability Insurance program is provided by Markel Insurance Company through Surevestor, Inc.,  where Broker has ownership interests and is compensated through a controlled business arrangement with Surevestor, Inc., from Markel Insurance.

Other Criteria

This letter also serves as the Megan's Law notification. Most states have established mechanisms for the community to access specific information about registered sex offenders. This information may be available via the Internet, a visit to a local law enforcement agency, or by an actual notification to your home or public school. Contact for assistance in accessing information in your community. In addition, you can go to the nationwide registry area of our state and select your state to access the link to your state's Internet registry.

R P Management, Inc., does not discriminate based on race, color, religion, sex, national origin, familial status, disability, source of income or any other federal, state of local laws regarding fair housing.

For Minneapolis and St Paul tenants (Per city ordinance):

The rental application will not be denied because of:

Exceptions: We will deny an application if the renter’s criminal history includes: