Tips For Screening And Selecting Tenants – Part II

As everyone knows, tenant screening plays an essential and important role in the rental business, but what one needs to confirm is, whether landlords or property managers are permitted to pull a prospective tenant’s credit report.

The answer to that query, most certainly they can obtain credit reports on prospective tenants. What you must also know is, if tenancy rights are refused a rental applicant, because of a negative credit report, an ‘adverse action’ action letter must be sent to the applicant informing him / her of the following three things:

1. The reason behind the rejection of his / her rental application.
2. The name and address of the agency that sent in a negative report, and
3. The applicant’s right to obtain a free copy of his / her credit report by requesting it from the same agency within 60-days.

As well, before you can run a credit check on a prospective tenant, the following information is required by any credit reporting agency that may be approached:

1. First, middle and last name,
2. Complete address,
3. Social Security Number,
4. Individual Taxpayer Identification Number (ITIN).

That apart, landlords should make themselves cognisant with all rules and regulations before drafting tenancy leases or rental agreements. They must also take all necessary precautions, such as, tenant screenings, background checks on prospective tenants, including making certain all rental lease clauses are adhered to, as insurance for a litigation free landlord / tenant relationship. A simple click of the mouse and any landlord or property manager can visit www.e-renter.com for tenant screening and background check services. www.e-renter.com, the best tenant screening agency in America!