RENT Magazine Q4 '21

TERRORIST CHECK In today’s climate, it is crucial for a landlord to order a search of the Specially Designated Nations and Blocked Persons list maintained by the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury. OFAC administers and enforces economic and trade sanctions based on United States foreign policy and national security goals against targeted foreign countries, terrorists, international narcotics traffickers and those engaged in activities related to the proliferation of weapons of mass destruction. As part of its enforcement efforts, OFAC publishes a list of individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries. It also lists 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 by law and American individuals and companies are generally prohibited from dealing with SDNs. Terrorist check results have the applicant’s full name, date of birth if known, address, country, title and sanctioned program.

THESE ARE CERTAINLY DETAILS YOU WANT TO BE AWARE OF BEFORE YOU ALLOW SOMEONE TO MOVE INTO YOUR PROPERTY.

SOCIAL SECURITY NUMBER FRAUD CHECK Identity fraud is one of the fastest growing crimes in the U.S. and a landlord or property manager who does not verify an applicant’s identity is an easy target for fraud. Social Security Fraud Verification searches more than 19 billion public and proprietary records to instantly verify basic data and potentially fraudulent identities and will uncover whether your applicant is who they say they are.

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