The rest of a lease application may consist of issues related to the behavior of the property or tenant. Some common questions that should appear in your rental property application are: This means that a rental application cannot ask what is the race or color of a potential tenant, what is their religion, gender, whether they are pregnant, whether they have children or plan to have them, or what their country of origin is. For more information on how to contact previous owners, see a separate article. However, a common concern to watch out for is «How do I know I`m talking to the beneficial owner?» In other words, what prevents an applicant from registering a friend or family member as a homeowner? The answer is nothing. Nothing prevents an applicant from registering a friend instead of the actual owner. A good trick you can use when calling the owner is not to provide them with the information you are requesting. Let the landlord enter the details about the address of the property, the amount of rent and the dates of move-in. The actual owner can provide you with this information so you can easily tell if something funny is going on. It would also be prohibited to include questions about what a person can do physically, as well as direct questions about whether a potential tenant has any disability, whether their family members have a disability, or whether their friends/roommates have a disability. The example of the apartment application form below was completed by the potential tenant.
In this form, the tenant provides all the necessary information to be taken into account by the owner when renting his accommodation. In this standard rental application, the applicant also included a $50 rental application fee. Landlords and tenants should be aware of national and local anti-discrimination laws in their place of residence. Of course, this does not mean that owners have to rush the selection process — a lot of important information is revealed during the selection! All of the companies mentioned below allow the landlord to view the tenant`s criminal past and credit report. The landlord must choose the service they want to use, depending on whether or not they have received the completed and signed rental application from the potential tenant. Most deposit fees cost between $30 and $50 per applicant. The pre-selection fee you can charge usually consists of two categories: Below is a great resource to help you understand all parts of the rental application and use it to get a complete picture of each applicant. The rental amount and deposit are usually also included.
It is about letting the applicant know what you are asking for. Publishing this information can save you time if the amounts exceed the applicant`s budget. Reasonable applicants will not go ahead to complete the tenant application and review process if they know the rent is too expensive anyway. It also goes back to the days when you set your criteria for selecting tenants and set a rent-to-minimum income ratio that you`re comfortable with (a common rent-to-income ratio is 30%). Some rental applications also include questions about the criminal history and/or status of sex offenders in order to protect other residents. However, there are some protective measures for tenants, which we will discuss in more detail later in the article. Using an external service addresses a tenant`s concerns about including sensitive information such as their Social Security number in your rental application. Below this information, the applicant must document «how long» he has been employed by the registered company, as well as his «gross income» using the following two fields to present this information. Note: The dollar amount entered in the «Gross Income» line must be taken from the applicant`s «Previous Year Income Tax Return». Next, the potential tenant must specify the street address, city, and state of the company that employs them in the next three empty fields. Finally, the full name of the applicant`s «supervisor» must be provided when working on the last empty field in this section.
After providing details of their current employment, the prospective tenant should also provide a report on the same points regarding the last place where they worked under the heading «Previous Employment». The applicant has been given a room where he can provide information about the «company name», «occupation/title», «how long» he worked there, the total annual «gross income» he earned, the «street» of the company, the «city», «the state» and the «supervisor» of his former place of work. In Wisconsin, landlords must allow tenants to submit their own credit or criminal history reports if they are less than 30 days old. In Colorado, landlords must reject in writing within 20 days of the decision to reject the application for which the application was denied. Some states have specific laws about what landlords must disclose after receiving a rental request or how long they should be kept, which we`ll explore in more detail below. In many cases, the applicant or potential tenant may want to provide additional information that is not required in this application (p.B. a previously registered landlord may no longer be accessible due to medical conditions or death). This information can be provided in the blanks under the words «Additional details (if applicable)». You could cost yourself a lot of time and money if you don`t properly screen potential tenants. Once the potential tenant has completed the tenant application, you should take the time to review it closely and contact their current and past employers and landlords.
In this section, we`ll look at the types of residency information you`ll see from a candidate and what to look for when reviewing everything. If you`re preparing to rent a room, a house, or even a commercial property, you need to make sure you`re checking your tenants. Almost any problem an owner faces can be eliminated through the selection process. If you`re ready to rent out a property, you need to make sure that you treat all potential tenants fairly and that your process is consistent and fairly transparent. What does this mean for you? At the very least, you should make sure that each tenant submits a rental application form. .