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What do we do to screen prospective tenants?

  

Each tenant will fill out a complete Rental Application. One per adult person that will be occupying the premises. We require copies of Drivers licenses and/or Passports as well. (Patriot Act).

Written requests are sent out for verification of rent/mortgage and employment (where applicable) to the prospective tenants’ current and previous landlords and employers to get the best 'real' reference possible.

For commercial tenants, we check their Dunn & Bradstreet credit report rating (if applicable) and review their business plan & screen their usage for the property. Commercial tenants are required to carry insurance as would be outlined in their lease.

We do a reverse 'tax records' check of current & previous landlords giving tenants’ references to determine if the person giving the reference truly owns the property that they are giving a tenant reference for.

We do FULL Tri-Bureau Credit checks: Experian, Trans Union & Equifax.

We do FULL Income/Debt qualification screenings like a mortgage company would. Depending on the applicant and how they take their income, we ask for last 2 years tax returns, bank statements, W2’s, etc…

 

Application Procedures

Tenant Information Release

 

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Last modified: 11/14/11

 

 

 

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