Tenant Screening and Selection
Here are some tenant screening and selection tips and ideas this week from Landlord
- Perform a background check to verify identity, income, credit history, rental history.
- Draw up leasing agreement.
- Confirm move in date with tenant.
- Review lease guidelines with tenant regarding things like rental payment terms and required property maintenance.
- Ensure all agreements have been properly executed.
- Register the agreement with the relevant authority (TRA).
- Perform detailed move in inspection with tenant and have tenants sign a report verifying the condition of the property prior to move-in.
- Collect rent and security deposit.
- Renew the lease agreements when they reach expiry.