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Please ensure before making application the following apply to you and that you are aware of:

  1. Applicants MUST be adults over the age of 18. All adults in the household must complete our electronic tenant application, individually.

  2. If you decide to rent one of our listed properties, in addition to monthly rent, a security deposit equal to one month’s rent and the rent for the final month of the lease may be charged to tenants prior to tenancy.

  3. Reservation Fee: If you qualify to rent with us and have identified a home you would like to rent we are able to reserve a home specifically for you! To reserve a home you must (a.) Receive your application approval from our office, and (b.) Have personally viewed the interior of the home and agree to accept the home in as-is condition. To ensure your reservation we charge a reservation fee which is equal to the amount of the properties advertised first month's rent. This fee may be converted to a security deposit after you have signed a lease and moved into your new rental home. Please keep in mind that if we reserve a property for your future rental use and thereby cause our property managers to take the property off the open rental market, and you later change your mind about renting the property, you will forfeit 100% of your reservation fee.

  4. In the event you enter into a lease agreement and change your mind prior to taking possession of the rental property, you shall forfeit all deposit funds as liquidated damages. In addition, you may be held responsible to the additional terms of the lease you signed.

  5. If for any reason you are not approved for a rental property, the $50 application processing fee is non-refundable so please ensure you are able to qualify before you apply.

  6. When individual tenant candidates make application and pay the application processing fee they are authorizing Magnolia Coastal Properties LLC  to conduct a background investigation consisting of but not limited to the following areas:

    • Review of your credit report and your credit score,

    • Review of public records for past evictions,

    • Verification of your current employment,

    • Verification your previous landlord reference(s),

    • Run and review a criminal background check,

    • Review local county civil and criminal public records,

    • Compare applicant names vs. entries in the sex offender databases.

 7.   If you cannot provide positive references, have a debt to income ratio that shows you cannot afford to pay rent from your documented income (pay stubs, bank records, or tax returns), have no work history or an unstable work history, been evicted in the past, have a criminal record, or any occupant is listed in the sex offender database, you may not qualify for a rental at this time. 

 8.  All applicants should view the exterior & interior of the rental or have a trusted friend or relative(s) view the rental prior to occupancy or sign the site unseen addendum, because all rentals must be accepted “AS-IS” before the application process is complete.

 9.  All Magnolia Coastal Properties residents are enrolled in the Resident Benefits Package (RBP) for $50.00/month which includes liability insurance, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application.

10. A Pet profile registered with if pet(s) are included in the household. Monthly Pet Rent is charged anywhere between $10-$25 per pet each month based on the FIDO score. 

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