Need to Know!

January 3, 2012 5:56 pm

Tenant Screening 101 – Rental References

Verifying rental history is an essential part of the tenant screening process.  Rental verifications compliment credit and public records searches or background checks, by: Detecting eviction activity that may not yet have found its way into public records data or onto the credit report (as a civil judgment). Revealing violations of landlord rules and regulations that may not have risen to the level of an eviction but are nevertheless important to you. Providing you with a more complete view of the kind of resident the applicant has been and is likely to be. Logically, recent problems are most likely to go undetected in the landlord screening.  Done correctly, rental verifications will reduce or eliminate the exposure. Rental verifications should: Be done consistently. Include pursuit of undisclosed addresses found on credit reports – to determine whether they are apartment communities.  Search engines such as Google are useful for this purpose.  Consider... View Article