CRITERIA FOR TENANCY

                              
     
  Applicants must meet the following criteria to qualify for tenancy:  
     
 
      

Proof of Identity and Valid Social Security Number (SSN)

  • Must provide copy of drivers license or other government issued Identification with photo

Credit Report

  • Credit score must be at least 600
  • Other outstanding monthly credit payments cannot exceed 40% of gross monthly income (excluding rent)
  • Credit score of less than 600 may be accepted if income and other criteria is good (owner's discretion)

Income

  • Gross monthly income must be 3x monthly rent
  • Must show proof of income
    • Last 3 pay stubs if income based on employment
    • Letter of employment with stated salary if relocating to this area for a job
    • Most recent Tax Return if self-employed
    • Proof of Monthy Social Security, pension, disability, or other allotment and/or sufficient funds in a sustained savings/retirement account if unemployed or retired

Employment (if Income is based on employment)

  • Must have steady employment for the last 12 months (no frequent or large gaps in employment)

Rental History

  • Rental or Mortgage History must be satisfactory for the last 2 years
  • Must have satisfactory history of rent or mortgage payments
  • No outstanding debt, judgement, or eviction from previous landlords
  • No history of hostility, uncooperativeness, argumentativeness with previous landlords

Criminal Report

  • No felony (charged or convicted)
  • No misdemeanor for an act-of-violence, drugs, or sex offense (charged or convicted)
Rental Application
  • Must be "complete"
  • No false or misleading information
  • Must have current and correct contact information for employment and rental history 
Property Dependent
  • Pets
  • Smoking
  • Number of occupants
  • Water-filled furniture or aquarium

Note: Applicants are advised to check with Mark-It Properties on the Property Dependent Criteria before submitting a Rental Applicaiton..

       

 

 

 

 

   Note: KW Lake Norman Property Management Services is provided by our affiliate
Mark-It Properties
 

E. Takatori   Phone: 704-658-8221   Fax: 866-614-0070   Email