Tenant screening, it is processed which is used by
residential landlords and property managers to evaluate the prospective
tenants. The purpose of tenant screening is to assess the likelihood tenant
with full fill the terms of the lease or agreement, and also it will take care
of the rental property in their question. The process is ending with the
decision of landlord approval or disagrees. With the approval renter may
deposit some amount or renter may deny due to not submitting the amount.
Tenant screening
process
The tenant screening process begins with the completion
of the rental application, paying fees of application fees and holding a
deposit. Rental application is used by landlords/homeowners to renters who
visited or viewed their rental property or who interested in their homes for
rent. Rental application is designed to collect the personal information of
renters, which usually consist name, social security number, date of birth,
address, employment, criminal record, eviction history, etc. Rental application
requires an applicant signature as self-attested, which verify that all
information are filled by applicant are true and verified and agree to follow
the certain terms & conditions. A valid government issued identification
with photograph is required in this process which is used for identifying the
theft of red flags rules by the Federal Trade Commission’s (FTC’s).
Tenant screening
reports
To complete the process of tenant screening report, it
strictly one or more elements which are following:
Credit report
A credit report comes with the information of all credits
such as current loan payments & past status.
Eviction records
In eviction records, records of eviction, which is used
by landlords in case of when renters/tenants failed to comply, pay, vacate
within the specified time for their homes for rent.
Criminal records
A criminal record, relates to that person who involve in
any criminal activity or against the law. It involves all records like pending
cases, current case, charges, arrest, etc.
Sex offender registry search
It is a system which is used by various countries to keep
track of the residence and activities of sex offenders, also included who have
a criminal record.
Specially Designated Nationals (SDNs) search
SDN’s deals with individuals, groups, and entities, such
as terrorists and narcotics traffickers designated under programs that are not
country-specific. Collectively, such individuals and companies are called
"Specially Designated Nationals" or "SDNs." Their assets are
blocked and U.S. persons are generally prohibited from dealing with them.
Rental references
Every time when a renter visits to landlord to final the
deal of home rentals, landlord may ask for to provide references and documents
that show you are responsible enough to pay rent.
Employment verification
It is the process of verifying the employment,
eligibility and past history of work of the applicant.
Recommendation
Its depend on the landlord, whether they accept the
renter with the recommendation letter of the landlord.
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