Info@DEMCOrentORsell.com or 410-451-9655 x 1
Click below for Application:
Instructions for Application
DEMCO Properties LLC Application for lease is now on line. For best use we recommend that use either Google Chrome or Mozilla search engine.
DEMCO Properties LLC is dedicated to the principle of equal housing opportunity. It shall not discriminate in the sale or rental of property in the provision of related services of facilities, on the basis of race, color, religion, sex, national origin, or any other factor protected by applicable federal, state or local law.
Check list of what is needed:
□ Application fee (see #1 below) – paid on line with application
□ Credit letter (see #2 below)
□ 1st month’s rent due after credit run (see #3 below).
□ Proof of income (see #4 below)
□ Pictures of pet to upload (if allowed)
□ Specify contingencies (see #5 below)
□ Copy of a State issued picture ID/Passport
□ Must have DEMCO Properties LLC agency signed by applicant, that they understand
DEMCO is representing the Landlord. This is on line with application.
□ DEMCO Properties LLC will prepare the lease. We have a locked drop box outside our
office that the funds and documents can be left.
4. You must provide Proof of Income with consecutive pay period, pay stubs (equal to a month’s pay), W-2 or 1099 forms, for any income you want included. If you are hourly, note avg hours worked per week. If you are self employed a copy of 2 years federal income tax returns, will be required. The monthly rent plus debts must be less than 50% of combined verifiable gross monthly income, in order to qualify for a rental with DEMCO Properties LLC.
5. Contingencies (CONSIDER THE PROPERTY “AS IS” UNLESS YOU ASK): The property is considered “As Is” unless items are listed as contingencies. This does not mean the owner is not going to be making any repairs. Please do not assume the house will be painted, new carpet installed, cleaned or anything else unless you ask for it to be done. We will want to know if you want those contingencies agreed to before credit is run OR if you want us to Process the application and let you know later.
7. At or before lease signing:
CERTIFIED FUNDS. Up to a 2 month security may be requested, if there are credit or any other issues the OWNER or AGENT feel warrant a higher deposit. Deposit is payable to DEMCO Properties LLC.
DEMCO Properties LLC will prepare the lease.
Pet fee of $100, payable when sign lease for inspection of property and pet.
Renter’s insurance is required to cover your personal belongings, as well as, minimum 300K liability (standard in most policy’s).
8. After approval and acceptance of the application by OWNER or AGENT, the applicant agrees to execute the lease in accordance with the terms of the application. The deposit given as 1st month’s rent, shall be forfeited, if the applicant should fail to execute a lease and/or occupy the premises. The applicant agrees that the entire deposit herein provided will be forfeited to compensate the OWNER or AGENT for vacancy and/or damages suffered. In all instances, the disposition shall conform to the Maryland State Landlord-Tenant Law.
It is understood that premises are to be used as a family residence occupied by not more than those persons listed on this application, and that occupancy is contingent upon property being vacated by the present occupant. Occupancy of single family residences shall conform with applicable zoning laws and in the cases of condominium’s, with applicable by laws, rule and regulations. All personal property placed in said premises shall be at the Tenant’s risk. The applicants agree to apply for all utilities services before taking occupancy of the leased premise and agree to pay for all applicable utilities and all necessary deposits. Carpet cleaning is required when vacate at the end of the lease by Stanley Steemer.
Click below for a printable copy of overview: