Rental Verification Issue or Not

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  • #1110
    pgriffin9166
    Participant

    I took over a lease for my sister 5 months ago and I signed the same lease that my sister signed a year ago. Today when Naca receive the verification form it had rental history for a year with a few late payments but I never paid a late payment the 5 months since I took over the lease. The landlord agreed to right a note on the verification form that the lease hasnt been late the past 5 months. Will this cause a problem down the line?

    #1149
    channon1208
    Participant

    No you should be fine with a letter from the rental office stating when you took over the lease and the history of those payments which were not late. I think the VOR looks at payments that are 10-15 days late.

    #1151
    TTrumble
    Member

    As long as you can document that you only signed five months ago and the late payments were before you signed, you should be okay.

    Tim Trumble
    Online Operations, NACA
    ttrumble@naca.com

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