TIP OF THE MONTH - Guidelines for Rental Applications
Source: Property Management for Dummies
By Robert Griswold
prospective tenant who is currently 18 years of age or older should
completely fill out a written application. This applies whether
the applicants are married, related in some other way, or unrelated
Before accepting the rental application,
carefully review the entire form to make sure that each prospective
tenant has clearly and legibly provided all requested
information. Pay particular attention to all names and addresses,
employment information, social security numbers, driver’s license
numbers and emergency contacts. Any blanks should be marked with
an “N/A” if not applicable so that you can tell they were not
Each prospect must sign the rental application authorizing you to verify the provided information and to run a credit report.
Ask each prospective tenant to show you his
current driver’s license or other similar photo identification so that
you can confirm that the applicants are providing you with their
correct names and current addresses.
NOTE FROM CROSSETT REAL ESTATE SERVICES
Should you determine that a
credit report is necessary, a special form authorizing permission to do
so for each applicant, should be signed and dated by each
applicant. There may be a non-refundable fee/fees for this
service. Should you wish to apply the fee/fees as part of your
operating costs, the prospective tenant/tenants would not be charged.
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This web page was updated on 01/31/2013.