The security deposit is equal to half a month’s rent and is potentially fully refundable. Additionally, there is a non-refundable leasing fee, also equal to half a month’s rent, which covers cleaning and move-out expenses.

A non-refundable $155.00 application fee is required for both the tenant and guarantor. This fee covers a credit check for the guarantor and a background check for both parties. At First Realty, our priority is to thoroughly screen all tenants to ensure we provide the highest level of service possible.

Our approval criteria require that you earn at least three times the monthly rent and have established credit in your name. While we do not require a specific credit score, we review your credit history to ensure payments are made on time, there are no accounts in collections, and no outstanding balances owed to another realty company. We also conduct checks on credit, background, and rental history.

Rent is due on the first of every month. There is a grace period until the 5th. If you have not paid after the 5th, you will be charged a $50 late fee. If rent is still not paid by the 10th, an additional $50 late fee will be added to your account. Rent can be paid through your online Tenant Portal by credit card, debit card, or eCheck. Checks or money orders may be dropped in the box by the front door. Payments can also be made by phone or online. The mailing address for payment is:

First Realty

PO Box 349

Auburn, AL 36831

You must be at least 19 years of age to sign a residential lease in the state of Alabama. In some instances, a parental guarantor may sign the lease for someone who is underage. All persons applying for a property are subject to a credit check, background check, and verification of income. In most cases, a lease can be approved within a very short time.

Some of the properties offered by First Realty do allow pets , others do not. Any property listed with our company will be advertised as either “pets allowed” or “no pets”. If a property does allow pets, each pet will require a $400 pet deposit. This deposit is refundable provided there is no pet damage upon move out. In most instances pets are limited to either one dog or one cat. If your property does not allow pets that means that pets are not to be on the premises at any time for any reason. Even if your residence allows pets, you MUST have permission and pay the pet deposit before you bring a pet onto the property.