Community Criteria Summary Age Qualified - Mid Florida Lakes Yacht Club
Proof of Income
Manager must verify proof of income prior to running credit report.
Acceptable as Proof of Income:
Acceptable as Proof of Income:
- Recent pay stubs (within past month)
- Income Tax Returns (for Self Employment)
- Form W-2
- Social Security
- Pension
- Permanent Disability
Credit
Credit status will be checked through the appropriate Credit Bureau.
The following found in a credit report will create a denial:
The following found in a credit report will create a denial:
- Any open bankruptcy
- Unsatisfied judgement(s)
- Any open/unsatisfied tax lien(s)
Criminal History:
KFD will run a Criminal Background on every applicant.
The following will create a denial:
The following will create a denial:
- Any Felony Conviction
- Any Registered Sex Offender or offenses involving sex or sex crimes
- Any convictions for drug and/or paraphernalia use, possession or distribution within the last 15 years
- Applicant falsified application by stating no arrest record exists
- Any convictions for offenses against person or animals
- Any convictions involving firearms or weapons
- Any offenses against property i.e. theft, arson, burglary, vandalism, or destruction of property
- Any convictions involving DUI within the last 5 years
Resident History:
KFD must be able to verify the most recent year of rental history. If landlord does not provide this information the applicant must provide a copy of their lease and 3 months worth of cancelled rent checks (front and back).
The following will create a denial:
The following will create a denial:
- Evicted
- Applicant is currently in default under a lease
- Apartment damage reported in the past 5 years
- Any unpaid balance over $500 owed to a rental community/landlord for any reason in the past 7 years
- Delinquent mortgage account
- Falsified landlord verification - Applicant not on lease
- Applicant was served for nonpayment of rent in the past 5 years.
- Applicant was served for lease violations in the past 5 years
- Applicant served notice for neighbor complaints in the past 5 years
- Any unpaid balance under $499 owed to a rental community/landlord for any reason in the past 7 years