A landlord verification form should be required by each potential tenant to complete with the rental application form when applying to rent a property. Follow the steps below to learn how to get a landlord verification form from a tenant`s former owner. More than 2.3 million homeowners and property managers trust Ideally, a landlord wants a high-quality tenant who: The landlord verification form is a document used by a landlord when reviewing a rental applicant`s previous rental information. The applicant landlord must send the form to the applicant`s current or previous landlord to get full details of the person`s tenancy. This information greatly helps the applicant to make informed decisions when choosing a suitable tenant. The form shows the applicant`s monthly payment behavior and other details related to their rental (money owed, complaints, pets, etc.). While the above reviews are essential parts of the tenant selection process, there is another piece of the tenant selection puzzle that every landlord must consider before accepting an applicant: the applicant`s rental history. Reviewing your potential tenant`s rental history can provide better insight into their true character and overall intentions as tenants. And a tenant`s behavior in the past can indicate their future actions. Not only does an applicant`s rental history help you give you an overview of who they are, but it can also help guide your overall tenant decision.
If you take the time to review an applicant`s rental history, you can get answers to questions such as: If it`s really the owner, they`ll easily know everything, or at least be able to check their records to confirm the details. A simple 15-minute phone conversation with an applicant`s current and former landlord can help determine if your potential tenant is reliable and responsible. Once you`ve reached an applicant`s former owner over the phone, ask these important questions to check the owner`s reference: A former owner will shoot straight ahead most of the time as there`s nothing to lose. Checking the rent history can help you make the right decision for your rental property. Your tenant`s past behavior in a rental building can be a good predictor of their future behavior if you decide to rent to them. Do your research, check the rental history and choose the right tenant for your property. With TransUnion SmartMove, you can increase your chances of identifying a responsible tenant and getting a more complete picture of an applicant`s background. Within minutes, you`ll receive a rental credit report, eviction report, penalty report, Income Insights report, and ResidentScore to help you make an informed decision. Once you have reviewed the potential tenant`s application, you should call their current and previous owners.
A landlord reference check can help you answer important questions such as: Very often, to be sure that a landlord is about to rent properties to a reliable tenant who can afford the monthly rent, it is recommended to ask the potential tenant`s previous landlord to provide feedback about the tenant on the tenancy history review form. Therefore, the tenant must first authorize the disclosure of information about his rental; After that, the form must be completed by the previous owner. A rent review helps landlords and property managers review their applicant`s rental history. This is done through a background check in combination with a phone call check. Most background checks provide rental history, but this data can sometimes get corrupted due to database errors. Calling the previous and current landlord is an important step in the rent review. What if we told you that 59% of respondents to a 2016 SmartMove user survey strongly agree that they value a potential tenant having a regular income than a credit history? It makes no sense to send a landlord verification form to a previous landlord without first qualifying a claimant tenant. The qualification of a tenant is done via a rental request. Sometimes, after seeing the results of a rental application, the landlord is still not sure of the decision to accept or reject the application, which brings us to our next step. Properly conducting a landlord`s lease review can give you the best insight into the type of tenant the applicant will be. A tenancy verification form is an authorization form that a tenant applicant will sign to give the landlord permission to conduct a background check. This also includes the ability to call the current employer, previous owner, and current owner.
If you do this, you can also show how serious the applicant is about renting to you, if they really want the place, then they will call and ask the owner/supervisor to call back and get in touch with you. This is sometimes true, so we suggest you take the opinion of the current owner with a grain of salt if it is positive. As a general rule, the landlord who is willing to rent a property should ask a potential tenant to complete the rental application and submit the rental history review form with the application. It can also be delivered separately, but usually the form is expected at the initial stage of the rental process. It might be useful to include this requirement in the first rental list. This way, you can start sorting through all the applicants who may not want to publish their past rental history information. Ultimately, those who can and do provide this information in advance may be more desirable for your rental property. This opinion will vary from one owner to another.
Many apps have integrated it directly into the app. Feel free to enter our free rental app here. In some cases, you may receive a tenant request that does not list any rental history. For example, students, millennials, or Gen Z tenants may be new to the rental market, so they may not have had a chance to get a full rental history. Keep an eye out for missing information. Significant omissions could indicate that your applicant does not want to share their rental history or that they do not want you to be in contact with former owners. The first task that this paperwork requires is the calendar date that should be associated with it. Use the first space on this page (labeled ”Date”) to document the date of this document. .
