COVID19 Criteria
Integrated Realty Criteria for Rent Deferral Application/Agreement
Due to the COVID-19 Pandemic, Integrated Realty and its property owners have enacted the following policies and criteria to help tenants who are struggling to pay rent due to COVID-19. By adhering to the following protocol and criteria, tenants and owners acknowledge that while the rent is still owed, the payment will not be considered late, late fees will be waived as long as terms of the Deferral Addendum are followed, and evictions forgone, all terms are agreed to in writing and all conditions are met as per the Deferral Addendum.
The purpose of this deferral is to provide temporary assistance to residents whose source of income is directly impacted by the COVID-19 virus and will only apply to the month of April 2020. A reassessment will be made to enter into additional deferral agreements, if necessary. All payment options will be exhausted before management and the owner will agree to the terms of the deferral option.
Criteria to Qualify for Rent Deferment:
1- All rent, utilities, and fees or any obligations under the lease must be current and paid in full as of March 31st, 2020.
2- Current or Pending lease violations, litigation or administrative actions against landlord will automatically disqualify tenant from Rent Deferral.
3- Tenant must provide proof of hardship due to the COVID-19 Virus- A letter from the employer of furlough, layoff, discontinuation of employment, temporary shutdown, or employer’s inability to pay employee during the current pandemic.
4- Tenant must provide proof of application for financial aid, such as Unemployment, Government Bail Out Funds, requests of help from churches or ecclesiastical leaders, etc.
Policies for Determining Deferment:
1. Is there a co-signer or other guarantor? If so, they too must meet the criteria.
2. If there are multiple residents and roommates, there will be an evaluation to determine if their combined income is enough to cover the rent. All leases are signed collectively and not individually, so all parties to the lease contract are held responsible and not one individual party.
3. Has tenant been on time with past payments?
3. Can a payment be made using a valid credit card?
4. Is there any other way tenant can make rent before exercising the option for deferment?
5. How much can tenant pay to contribute toward April 2020 rent? In order for tenant to qualify for deferment, a minimum of 25% of April 2020 rent and fees must be paid.
6. How much time is left on tenants’ lease? All payments must be made before the end of the lease term or tenants lease must be extended accordingly.
7. Deferrals will be as short as one month or as long as six months. No deferral will extend beyond six months.
Steps to Qualify for Rent Deferment:
1- Contact Integrated Realty to inform landlord of need for Rent Deferment. Contact is best made by logging into the website through your tenant portal and filling out a contact form. Second best is an email sent to our property manager Aaron (aaoakeson@yahoo.com). Calls and texts will be referred to the portal or email options so that we can track all requests and ensure proper documentation is provided.
2- Provide proof of hardship. A letter or email from your employer with proof of furlough, layoff, temporary business closure, etc. PDF’s and attachments can be added to the contact forms through the portal or email options.
3- Provide proof of application for financial aid. such as unemployment, government stimulus funds, church or ecclesiastical leaders, charitable organizations, etc. PDFs and attachments can be added to contact forms through the portal or email options. Once your documentation has been received you will receive a call from Aaron to discuss steps 4 & 5.
4- Discuss with Integrated Realty possible options for full payment. (Family members willing to help, credit card payments, etc)
5- Discuss Deferment Plan with Integrated Realty. How much will be deferred? How long will it be deferred? How much will monthly repayment be?
6- Integrated Realty will fill out the Deferment Addendum and send it to you through the portal or email. You can see a blank copy of the addendum on our website at
https://integratedrealtyllc.managebuilding.com/Resident/Api/Public/Files/Download?fileId=11061512
7- Sign and return the addendum no later than the 5th of April 2020.
8- Make a minimum 25% payment for April 2020 Rent by 5:00 p.m. on the 5th of April 2020.
9- Make payments as agreed on Deferral Addendum.
Link to Integrated Realty COVID-19 Deferral Agreement:
https://integratedrealtyllc.managebuilding.com/Resident/Api/Public/Files/Download?fileId=11061512