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Important Facts About Tenant Screening Report

By Nancy Perry


Every landlord is very critical of their prospect occupants. This is to avoid a situation where one is in bad terms with them due to failure to comply with their expectations. You can determine whether an applicant is suitable enough by conducting a credit and background check. Here are important facts about Tenant Screening Report that a property owner should consider.

Collect the tenant information through an application. You need to have an application form to collect relevant information about your potential applicant. Highlight some aspects of their current addresses, their full name, current job and any other relevant information about them. In addition to that, give them a credit report authorization form to fill to be used to conduct a credit checkup.

Have a personal surveillance on them. Owing to the information you have gathered about them, there are a couple of aspects to determine on your applicants. Some of these details are quite hard to access leaving you with no choice but to depend on a screening firm. Such firms are licensed to access one credit report and their legal reports from different security agencies.

Reach out to the tenant employer. It is important to verify whether your prospective tenants have given the right information about their job by contacting their respective employers. Inquire about their wages, whether they are full time or part time workers and their working contract duration. The information is suitable to determine whether one is in the capacity to pay their rent without much hustle.

Reach out to their previous landlords. There is still much that one needs to acknowledge to determine the suitability of a prospective resident. The information can only be relayed by his or her former landlord. Inquire about their general conduct, the reason behind their leasing agreement termination. A former immediate landlord suits best in this case.

Interview your applicants to know them much better. It is recommendable to listen to your applicant personal take on this other than depending on the information you have gathered about them. Ask your candidates about the number of occupants they have, the reason behind their decision to relocate and their daily routine as well. This helps in acknowledging whether they meet your expectations and whether the information you have gathered about them is valid.

Give them enough time to determine their suitability. It requires time to acknowledge the suitability of your new tenant. Even so, you should maintain a close observation of them using their new neighbors and friends as well. This gives you an opportunity to determine if they have met your expectation and decide on maintaining them or terminating their application.

Agree on this under a written agreement. It is imperative to have a legal agreement which binds your new tenant into complying with your rental expectations. This should be considered only when you are satisfied with the candidate capacity to submit to your regulations.




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