FOUNTAINHEAD PARTNERS-2003 - Laserfiche WebLink

Home Browse Search

(1) the amount of income expected to be derived from such assets in the 12 -month period beginning on the date of initial occupancy in the unit that you propose to rent: (2) the amount of such income, if any, that was included in item 6 above: Are all of the individuals who propose to reside in the unit full -time students *? No Yes (a) *A full -time student is an individual enrolled as a full -time student during each of 5 calendar months during the calendar year in which occupancy of the unit begins at an educational organization which normally maintains a regular faculty and curriculum and normally has a regularly enrolled body of students in attendance and is not an individual pursuing a full-time course of institutional or farm training under the supervision of an accredited agent of such an educational organization or of a state or political subdivision thereof. (b) If the answer to 8(a) is yes, is at least 1 of the proposed occupants of the unit a husband and wife entitled to file a joint federal income tax return? No Yes 9. Neither myself nor any other occupant of the unit Uwe propose to rent is the owner of the rental housing project in which the unit is located (hereinafter the 'Borrower "), has any family relationship to the Borrower; or owns directly or indirectly any interest in the Borrower. For purposes of this paragraph, indirect ownership by an individual shall mean ownership by a family member, ownership by a corporation, partnership, estate or trust in proportion to the ownership or beneficial interest in such corporation, partnership, estate or trustee held by the individual or a family member; and ownership, direct or indirect, by a partner of the individual. I0. This certificate is made with the knowledge that it will be relied upon by the Borrower to determine maximum income for eligibility to occupy the unit, and I/we declare that all information set forth herein is true, correct and complete and based upon information Uwe deem reliable and that the statement of total anticipated income contained in paragraph 6 is reasonable and based upon such investigation as the undersigned deemed necessary. 11. Uwe will assist the Borrower in obtaining any information or documents required to verify the statements made herein, including either an income verification from my /our present employer(s) or copies of federal tax returns for the immediately preceding calendar year. 12. Uwe acknowledge that I /we have been advised that the making of any misrepresentation or misstatement in this declaration will constitute a material breach of my /our agreement with the 951