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Faq

Have more questions? Email us at info@parkplacesherman.com

What is your rental criteria?

Equal Housing – We do not discriminate against any person because of race, color, religion, sex, handicap, familial status, sexual orientation or national origin and will comply with state and federal fair housing and antidiscrimination laws. Occupancy Standard – A maximum of two (2) persons per bedroom are allowed. Age  – Lease holder(s) must be 18 years or older, unless head of household, Military under the age of 18 years, or a minor that has been emancipated. All occupants 18 years or older are required to complete an application, even if living with parent or guardian. Income – Gross monthly income of all lease holder(s) must equal 3 times the monthly rental amount. All income must be verifiable. Income does not include allowance from parents, scholarships or study subsidies.  Employment  – Applicant must 1) be employed with current employer for at least six months; 2) have current job and at least six months employment with previous employer; or 3) receiving retirement benefits, or any other verifiable and consistent income.  Self-Employment  – Must provide the previous year’s personal income tax return and the previous two months personal bank statements as evidence of sufficient income. Persons whose jobs are commission only or base salary plus commission, tips, or bonuses are considered self-employed.  Rental History  – Previous rental history will be reviewed and no negative rental history will be accepted. Negative rental history is determined by:   
  • Failure to pay rent timely.
  • Evictions filed within the last three years; prior evictions may result in an automatic denial of your application.
  • Damages in amounts exceeding $1,000.
  • Repeated disturbances, not related to circumstances protected under Victims of Abuse Women’s Act.
  • Prior management references describing reports of drug dealing or manufacturing, gambling, or prostitution on the premises.
  • Applicant may be denied for an outstanding debt or judgment to any prior landlord.
Credit  – A TransUnion credit report or substantially similar report will be completed on all Applicants to verify creditworthiness. Verified credit history will be entered into an application scoring model to determine rental eligibility. 
  • Applicant may be denied if a TransUnion credit score cannot be obtained.
  • Open bankruptcies will result in an automatic denial of your application.
  • Some credit results may require further verification.
Criminal, Sex Offense, and Terrorist Database Check - We will check these databases for all occupants over 18. We do not rent to any person convicted of violent crimes against persons or property; prostitution; domestic violence; involving the possession of weapons; or the manufacture or distribution of illegal substances. All are grounds for denial of an application. Criminal offenses will be evaluated based on type of offense, how long ago you were convicted, your age at the time of offense, evidence of rehabilitation, and any other information you would like us to consider. Please provide details in writing along with any other supporting documentation you would like us to consider.  Renter’s Insurance  – We require $100,000 of renter’s liability insurance on the property. You will be required to submit proof of such coverage at the time of move in and upon renewal of their policy.  Animals  – Please see our Pet Policy. Parking1 Parking spot guaranteed per unit, no more than 2 cars should be parked on site at one time per unit.
  • Vehicle details will need to be on file with property management.
  • All vehicles kept on property should have active auto insurance policies.
  • Inoperable vehicles or vehicles out of compliance with Texas State Law not permitted.
  • Vehicles must be parked in a proper parking spot.
  • No trailer, RV, boat parking, or other non-passenger vehicles (class 1, 2, 3-pickups) permitted without property management consent:
Application and Notification - An application must be completed for each occupant 18 years of age or older, and any occupants under the age of 18 and deemed an adult under applicable law.
  • A non-refundable application fee of $50, must be paid by each Applicant over the age of 18 before an application will be processed.
  • All Applicants are required to present a valid government-issued identification. Except as otherwise prohibited by applicable law, non-U.S. citizen Applicants may be required to present additional documentation evidencing Applicant’s right to live in the United States through the end of the lease term.
  • An application does not constitute a lease agreement or offer to lease. No lease shall exist unless and until.
  • Landlord and Applicant execute a lease agreement and Applicant pays all required funds.
  • Falsification of any information on an application may result in Applicant’s automatic denial. If an Applicant is denied for falsifying paperwork, Landlord may retain all deposits and fees paid.
  • The first Applicant to complete and submit the Application and all Application fees, pass the verification process, and pay all required deposits will be accepted.
  • Notifications of acceptance or denial will be made by email to the email address provided on your Application.
  • Denials will include information regarding the credit and background check provider.
Co-signer or guarantor  - A cosigner or guarantor may be required in the case of ONE of the following: 
  • No rental history or home ownership in the past five years.
  • No Employment (Students Only).
  • Landlord allows only one Guarantor per household.
A Guarantor -
  • Must submit an application and pay a non-refundable application fee, if applicable.
  • Is subject to the same qualification requirements as Applicants but must have an income of five (5.0) times monthly rent.
  • Will be required to sign the lease.
Privacy Policy for Personal Information of Rental Applicant and Residents – We are dedicated to protecting the privacy of your personal information, including your Social Security Number and other identifying or sensitive personal information. Our policy and procedures are designed to help ensure that your information is kept secure, and we work to follow all federal and state laws regarding the protection of your personal information. While no one can guarantee identity theft or the misuse of personal information, protecting the information your provide us is a high priority to our company and staff. If you have concerns about this issue, please feel free to share them with us. 
  • How Personal Information is collected: You will be asked to furnish some personal information when you apply to rent from us. This information will be on the rental application form or other document that you provide to us or to an apartment locator service, either on paper or electronically.
  • How and When Information is used: We use this information for our business purposes only as it relates to leasing a dwelling to you. Examples of these uses include but are not limited to, verifying statements made on your rental application (such as your rental, credit and employment history), reviewing your lease for renewal and enforcing your lease obligations (such as to obtain payment for money you may owe us in the future).
  • How the Information is Protected and Who has Access: We allow only authorized persons to have access to your personal information, and we keep documents and electronic records containing this information in secure areas and systems.
  • How the Information is Disposed of: After we no longer need or are required to keep your personal information, we will store or destroy in a manner designed to prevent unauthorized persons from accessing it. Our disposal methods will include shredding, destruction or obliteration of paper documents and destruction of electronic files.

What are The Guarantors and Rhino?

Instead of a traditional large upfront security deposit, Park Place Apartments uses a security deposit alternative (SDA). The vendors we use for SDAs are The Guarantors and Rhino. These programs allow renters to pay less up front and save more at move in, avoid the headache of getting your deposit back, and choose how to spend your money today-not a year from now. When renters enroll with The Guarantors or Rhino, they protect their unit the way a traditional security deposit would. Renters are still responsible in the case of excessive damage or unpaid rent. We recommend that residents get quotes from both of our vendors and pick the plan that works best for them.

What is your pet policy?

General Pet Policy

  • A maximum of 2 pets are permitted on the property.
  • Pets exceeding or will exceed 50 pounds during residency are not permitted without the Landlord’s prior written approval.
  • Certain dog breeds are not permitted, including:
    • Pit Bulls, Staffordshire Terriers, Rottweilers, German Shepherds, Chow Chows, Doberman Pinschers, Akitas, Wolf-hybrids, and any mix containing one of these breeds, or any breed identified as vicious or dangerous by law or ordinance.
  • A one-time non-refundable pet fee of $200 per pet and a pet rent of $25 per month per pet is required.
  • All dogs will be swabbed and registered in our PooPrints DNA program.
  • All animals on the property must be housebroken. Defecation inside the apartment unit will result in a lease violation.
  • Livestock, birds of prey, reptiles, amphibians, and poisonous or exotic animals are prohibited.
  • Aquariums are not permitted.
  • All animals must be photographed by property management before approval.

Assistive Animals

Definition: Assistive animals, also referred to as Service & Support Animals, Service Animals, or emotional support animals, are not considered pets. These animals are allowed as reasonable accommodations to assist individuals with disabilities, following the guidelines set forth by the U.S. Department of Housing and Urban Development (HUD). For more details, please visit HUD Assistance Animals Guidelines.

  • Assistive animals are exempt from pet fees, pet rent, and breed restrictions.
  • Assistive animals require a recent letter (within the last 12 months) from a licensed medical professional prescribing the need for the animal. This letter will be validated through a third-party service, petscreening.com.
  • We strictly adhere to HUD guidelines when considering accommodations for assistive animals.
  • Service Animals are individually trained to perform tasks for individuals with disabilities, such as guiding people who are blind, alerting people who are deaf, pulling wheelchairs, alerting and protecting a person having a seizure, or performing other special tasks.
  • Emotional support animals are also considered assistive animals and are allowed to reasonably accommodate a leaseholder or occupant with a documented need.

Rates and Fees

Current specials:

  • 50% off of your 1st month’s rent and 50% off administration fee

Current rental rates:

  • Our rental rates vary depending on the floor level and may be adjusted daily based on current market rates. Our current rates are:
    • 3rd-floor rent is $1115
    • 2nd-floor rent is $1155
    • 1st-floor rent is $1195

Fees overview:

  • One-time application fee of $50 per applicant if over the age of 18. Minors do not require an application fee.
  • One-time administration of $150 but currently $75 with our current special
  • A monthly amenity fee of $75 per month, which covers water, trash, pest control, and smart home
  • Other utilities such as electricity and internet are the resident’s responsibility
  • A full-sized smart LG washer-dryer combo unit may be rented for $60 per month
  • If a resident has a pet, there is a one-time pet fee of $200 per pet, and pet rent is $25 per month per pet; more details can be found under our pet policy

Security Deposit Alternative costs (The Guarantors and Rhino):

  • How much do your security deposit alternative policies typically cost? We use The Guarantors and Rhino to provide security deposit policies. These policies are underwritten by the respective vendors, and the cost will vary depending on several factors, but most residents see the cost typically between $500 and $700.

Move-in costs:

  • Your move-in cost would be a combination of any one-time costs such as application fees, administrative fees, and pet fees and any prorated rent, prorated amenity fees, prorated washer-dryer fees, and prorated pet rent if applicable.

Amenities

Does Park Place Apartments have a pool?

We do not have a pool. However, we are located down the street from Fairview Park with amenities like:

Pet Relief Area:

We have a pet relief area, which is the only location where pets are authorized to relieve themselves. Residents must pick up after their pets. The community provides pet waste bags for easy clean up after your pets.

Washer and Dryer connections:

Our units do have washer and dryer connections but no dryer vent, and there isn't room for both a full-sized washer and dryer. Many newer communities like Park Place are being built specifically for washer/dryer combos in order to save space and be more efficient. The units we rent are new LG smart washer-dryer combos. Residents can rent one of our washer-dryer combo units for $60 per month.

Maintenance Requests

Maintenance Request Types:

Standard maintenance requests can be submitted by emailing us at info@parkplacesherman.com or calling us. Examples include a loose door handle, a malfunctioning light or fan, a leaky faucet, and an appliance not working.

Emergency maintenance requests should be called into our maintenance team immediately so we can work as quickly as possible to resolve them. Examples of emergency requests would include a water leak that the resident cannot turn off or other issues that could potentially damage the property. Another example of an emergency maintenance request would be an air conditioner malfunction when it is hotter than 90 degrees Fahrenheit outside in Sherman, TX and troubleshooting steps have been completed.

Troubleshooting Tips:

Electric device or appliance not working: If an electric-powered device, such as a kitchen appliance, is malfunctioning, you should always check to see if the circuit breaker has tripped. If you look in the circuit breaker box behind their front door, you can see if one of the breakers is in the off position, which will typically be the opposite position the other breakers are in. First, flip the breaker back on before sending a maintenance request.

Air conditioner not cooling: Ensure your thermostat has power and is in the cool setting below the current room temperature. Determine if air is blowing out of a vent. If air is blowing, but it is not cold, check to ensure your filter is clean. If your filter is not clean, replace it, and turn the air conditioner off to give it time to unfreeze. You can also look at the copper line on the condenser unit outside to see if it is frozen. If the line is frozen, you must replace your filter and let it thaw before turning the air conditioner back on. If the issue persists after you have followed these steps, please report the issue to our maintenance team.

I have questions, who can I talk to?

We would love to talk to you! You can reach us using the following methods:

How do I apply?

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