Rental Standards You Can Trust
Clarity, fairness, affordability, and a safe respectful community for everyone.
Prefer to watch or read?
We've made it easy. Watch the quick video for a friendly overview, or read the full renter standards right here beside it. Whatever works best for you — the info’s all in one place.
Category
Rent
Income
Vouchers
Credit
Evictions
Resident to Bedroom
Previous Reference
Felony
Drug Violations
Violent Crimes
NM Courts
Signers
Background Checks
Smoking
Description
We've made it easy. Watch the quick video for a friendly overview, or read the full renter standards right here beside it. Whatever works best for you — the info’s all in one place.
2.5x-3x Rent; Any Source allowed - Depends on property owner
Rent + 1.5x rent for other income sources
620+ all adult residents
None in last 7 years for all residents
Max: 2 per bedroom; children over 6 - Same sex
24 months previous tenancy 3rd party (none personal) - Reference: Good Standing Verified
None in last 7 years
None
None in last 7 years
None in last 7 years
All adults over 18
All adults over 18
None
Lighthouse
Security Deposit
Pets
Renter's Insurance
Utilities
Water / Sewer / Trash
Cleanliness
Patios & Front Doors
Pest Control
Police
Maintenance Requests
Parked Cars
Damaged Items In Apartment
Normal Wear
Lightbulbs
Smoke Detectors
Dripping Faucets
Air Filters
Incense
Candles
Guests
Firearms
Drugs / Illegal Substance
Snow Removal
Clogged toilets
No Collected Deposits - Claims for damages - Reduce Bad Debt
None - All tenants must be approved by and carry Lighthouse Deposit
No Pets: Only with Service animals & emotional support at start of lease under 30 lbs with Vaccination Records & Renters Insurance
Per Owner requirements
Tenants Pay all utilities - Gas & Electric, evidence in their name to move in
Add Bill Back per unit - See Lease
Cleanliness - If unit is not clean, 7 day notice, 2nd 7 day < 6 months is eviction (in lease)
No Trash, no junk, no bikes, boards or other
Pest control is at the tenants expense. We do not provide. See Lease
If Police are called to your unit for criminal activity; 3 day notice violation of Quiet Enjoyment - including for guests, you are responsible
Requests Must be in writing on our site / app
No broken down, flat tires, non-moving vehicles, trailers or boats. Towed upon evidence.
Tenant Responsibility for damages - 7 day notice (blinds, windows, doors, etc.); 2nd 7 day notice is Eviction - Tenant responsible for clogged drains & Toilets and damaged items.
Landlord is responsible for normal & reasonable wear
Tenant Responsibility
Must be plugged in and batteries changed - tenant cost - landlord will test at move in - Landlord inspects bi-annually - 7 day notice to correct if not activated
Must notify management immediately for repair to prevent damages - If landlord is not notified reasonably, charges may be passed to tenant for neglegent reporting
Management will Change Quarterly at cost to owner
No incense burning that are stuck at the top of closed doors
No unattended candles burning - don't leave home with a candle burning
No guest may stay longer than 72 hours without being added to the lease - includes background check.
May not discharge any firearms on the property: Violation is an immediate 3 Day Notice & Eviction for Substantial Violation of Lease
Any evidence of illegal substances: Report to the Police and Violation is an immediate 3 Day Notice & Eviction
Tenant responsibility
Tenant responsibility
Rental Standards You Can Trust
Clarity, fairness, affordability, and a safe respectful community for everyone.
Prefer to watch or read?
We've made it easy. Watch the quick video for a friendly overview, or read the full renter standards right here beside it. Whatever works best for you — the info’s all in one place.
Category & Description
Rent
We've made it easy. Watch the quick video for a friendly overview, or read the full renter standards right here beside it. Whatever works best for you — the info’s all in one place.
Income
2.5x-3x Rent; Any Source allowed - Depends on property owner
Vouchers
Rent + 1.5x rent for other income sources
Credit
620+ all adult residents
Evictions
None in last 7 years for all residents
Resident to Bedroom
Max: 2 per bedroom; children over 6 - Same sex
Previous Reference
24 months previous tenancy 3rd party (none personal) - Reference: Good Standing Verified
Felony
None in last 7 years
Drug Violations
None
Violent Crimes
None in last 7 years
NM Courts
None in last 7 years
Signers
All adults over 18
Background Checks
All adults over 18
Smoking
None
Lighthouse
No Collected Deposits - Claims for damages - Reduce Bad Debt
Security Deposit
None - All tenants must be approved by and carry Lighthouse Deposit
Pets
No Pets: Only with Service animals & emotional support at start of lease under 30 lbs with Vaccination Records & Renters Insurance
Renter's Insurance
Per Owner requirements
Utilities
Tenants Pay all utilities - Gas & Electric, evidence in their name to move in
Water / Sewer / Trash
Add Bill Back per unit - See Lease
Cleanliness
Cleanliness - If unit is not clean, 7 day notice, 2nd 7 day < 6 months is eviction (in lease)
Patios & Front Doors
No Trash, no junk, no bikes, boards or other
Pest Control
Pest control is at the tenants expense. We do not provide. See Lease
Police
If Police are called to your unit for criminal activity; 3 day notice violation of Quiet Enjoyment - including for guests, you are responsible
Maintenance Requests
Requests Must be in writing on our site / app
Parked Cars
No broken down, flat tires, non-moving vehicles, trailers or boats. Towed upon evidence.
Damaged Items In Apartment
Tenant Responsibility for damages - 7 day notice (blinds, windows, doors, etc.); 2nd 7 day notice is Eviction - Tenant responsible for clogged drains & Toilets and damaged items.
Normal Wear
Landlord is responsible for normal & reasonable wear
Lightbulbs
Tenant Responsibility
Smoke Detectors
Must be plugged in and batteries changed - tenant cost - landlord will test at move in - Landlord inspects bi-annually - 7 day notice to correct if not activated
Dripping Faucets
Must notify management immediately for repair to prevent damages - If landlord is not notified reasonably, charges may be passed to tenant for neglegent reporting
Air Filters
Management will Change Quarterly at cost to owner
Incense
No incense burning that are stuck at the top of closed doors
Candles
No unattended candles burning - don't leave home with a candle burning
Guests
No guest may stay longer than 72 hours without being added to the lease - includes background check.
Firearms
May not discharge any firearms on the property: Violation is an immediate 3 Day Notice & Eviction for Substantial Violation of Lease
Drugs / Illegal Substance
Any evidence of illegal substances: Report to the Police and Violation is an immediate 3 Day Notice & Eviction
Snow Removal
Tenant responsibility
Clogged toilets
Tenant responsibility
Lighthouse
Security Deposit
Pets
Renter's Insurance
Utilities
Water / Sewer / Trash
Cleanliness
Patios & Front Doors
Pest Control
Police
Maintenance Requests
Parked Cars
Damaged Items In Apartment
Normal Wear
Lightbulbs
Smoke Detectors
Dripping Faucets
Air Filters
Incense
Candles
Guests
Firearms
Drugs / Illegal Substance
Snow Removal
Clogged toilets
No Collected Deposits - Claims for damages - Reduce Bad Debt
None - All tenants must be approved by and carry Lighthouse Deposit
No Pets: Only with Service animals & emotional support at start of lease under 30 lbs with Vaccination Records & Renters Insurance
Per Owner requirements
Tenants Pay all utilities - Gas & Electric, evidence in their name to move in
Add Bill Back per unit - See Lease
Cleanliness - If unit is not clean, 7 day notice, 2nd 7 day < 6 months is eviction (in lease)
No Trash, no junk, no bikes, boards or other
Pest control is at the tenants expense. We do not provide. See Lease
If Police are called to your unit for criminal activity; 3 day notice violation of Quiet Enjoyment - including for guests, you are responsible
Requests Must be in writing on our site / app
No broken down, flat tires, non-moving vehicles, trailers or boats. Towed upon evidence.
Tenant Responsibility for damages - 7 day notice (blinds, windows, doors, etc.); 2nd 7 day notice is Eviction - Tenant responsible for clogged drains & Toilets and damaged items.
Landlord is responsible for normal & reasonable wear
Tenant Responsibility
Must be plugged in and batteries changed - tenant cost - landlord will test at move in - Landlord inspects bi-annually - 7 day notice to correct if not activated
Must notify management immediately for repair to prevent damages - If landlord is not notified reasonably, charges may be passed to tenant for neglegent reporting
Management will Change Quarterly at cost to owner
No incense burning that are stuck at the top of closed doors
No unattended candles burning - don't leave home with a candle burning
No guest may stay longer than 72 hours without being added to the lease - includes background check.
May not discharge any firearms on the property: Violation is an immediate 3 Day Notice & Eviction for Substantial Violation of Lease
Any evidence of illegal substances: Report to the Police and Violation is an immediate 3 Day Notice & Eviction
Tenant responsibility
Tenant responsibility
505 Housing Property Management is committed to Equal Housing Opportunity and fully complies with the Federal Fair Housing Act and all state and local fair housing laws. We adhere to the New Mexico Uniform Owner-Resident Relations Act (UORRA), which governs rental agreements and outlines the rights and responsibilities of both landlords and residents. In accordance with the federal Servicemembers Civil Relief Act (SCRA), we honor all legal protections and lease termination rights afforded to active-duty military personnel. All rental information is deemed reliable but is subject to change without notice. 505 Housing LLC | 505-250-1944. Albuquerque Top Property Management Companies. Joshua Christensen | Qualifying Broker | REC-2024-0235
Copyright © 2024-2025 | 505 Housing LLC | All Rights Reserved.
505 Housing Property Management is committed to Equal Housing Opportunity and fully complies with the Federal Fair Housing Act and all state and local fair housing laws. We adhere to the New Mexico Uniform Owner-Resident Relations Act (UORRA), which governs rental agreements and outlines the rights and responsibilities of both landlords and residents. In accordance with the federal Servicemembers Civil Relief Act (SCRA), we honor all legal protections and lease termination rights afforded to active-duty military personnel. All rental information is deemed reliable but is subject to change without notice. 505 Housing LLC | 505-250-1944. Albuquerque Top Property Management Companies. Joshua Christensen | Qualifying Broker | REC-2024-0235
Copyright © 2024-2025 | 505 Housing LLC | All Rights Reserved.