Treasure Island Mobilehome & RV Park
1690 El Camino Real
South San Francisco, CA 94080
POLICIES FOR ACCEPTANCE OR DENIAL OF RESIDENCY APPLICATIONS
All applicants will be treated equally. We do not deny people a rental space because of race, color, ancestry, national origin, religion, sex, marital status, age, sexual orientations, source of income, political affiliation or disabilities. All persons wishing to obtain rental rights at Treasure Island RV and Mobile Home Park (TIMHP) must complete an application, and provide written authorization to complete a credit check and a verification of income and rental history. All applicants for tenancy must be the prospective registered owner of the mobilehome or recreational vehicle (RV). Applicants must plan to establish the home being purchased or RV owned as their primary residence.
Note: The Applicant should carefully read the General Qualification Standards below and present Management with any and all documents to assist Management in determining whether the Applicant has the financial ability to pay the rent and charges of TIMHP.
All Applicants, including Applicants who have inherited the home, must meet the following General Qualification Standards:
1. AGE Applicants must be at least eighteen (18) years of age or an emancipated minor to create a tenancy in an all age community.
2. INCOME Applicants must have a total collective verifiable gross monthly income of at least two and one half times (2.5x) the monthly space rent amount. Income from joint applicants will be combined for this part of the application.
3. PROOF OF INCOME Independent documentation of income must accompany the application by providing income verification from the most recent 90-day pay period such as pay-stubs, Social Security Statement of Benefits, pension benefits or statements of interest income. Bank Statements may be requested to verify credits made to the applicant’s account. Please note that overtime pay and bonuses may not be considered as income if they cannot be documented as regular and ongoing.
Self-Employed Applicants must provide independently verifiable documentation of net income. We do not consider business gross income as personal income. An example of independent documentation would be a profit and loss statement or other net income statement by a certified accountant or bookkeeper who can verify the information provided in the statement. For mobilehome park applicants only, we are prohibited from requesting tax returns per Civil Code Section 798.74 (a). However, applicants may voluntarily provide tax returns and provide a signed acknowledgement that the park did not request your tax returns. Other helpful documentation are bank statements and investment statements to the extent they support (or are supported by) other income verification documentation. The key is for us to obtain financial documentation that can be verified.
TREASURE ISLAND MH AND RV PARK PROCEDURES FOR ACCEPTANCE OR DENIAL OF APPLICATIONS FOR TENANCY
CREDIT Treasure Island MH & RV Park uses Experian for all applicant credit screening. Applicants must have a good credit history. Applicants with credit reports showing poor credit, collections, evictions, foreclosures or bankruptcy may be denied.
A credit report for all applicants will be required. TIMHP will impose a $35.00 screening fee per application for RV park applications. For mobilehome park residencies, credit screening fees are refundable under specific circumstances pursuant to the Provisions of Civil Code Section 798.74 (b).
APPLICATION PROCESS Mobilehome Residency Law allows Management fifteen (15) working days from the date that the application package is complete and all required documents have been received to review applications. The same guidelines will be used for RV park applicants. For mobilhome park applicants, pursuant to Civil Code Section 798.74 (a), all approval and denials are in writing as State law requires. NO verbal approval or denials can or will be given nor will telephone inquiries serve to speed up the process.
An application will automatically be denied for any of the following reasons:
a. Credit Reports containing Evictions, foreclosures or other documentation demonstrating that the applicant will not comply with reasonable Park Rules.
b. Inability to meet the monthly financial obligations or comply with reasonable park rules.
c. Applications containing false, misleading or missing information are considered incomplete and may not be processed until corrected by applicant.
WE DO NOT ACCEPT-Guarantors, co-signers, on behalf of Applicant(s). We do not rent to businesses or entities, individuals ONLY
These standards are applied to all applications for tenancy, and all must be met in order for approval to be given. It is strongly suggested that the Applicant(s) and their agents determine whether these standards can be met before applications are submitted in order to avoid delay and potential disappointment.
Please note: This document is intended as a guideline for qualification purposes and may be changed or modified upon the discretion of Ownership at any given time.
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