CONCLUSION After you have received the applicant’s proof of income, you’ll want to consider other factors before approving their application. Be sure that you have ordered a tenant screening report, including landlord credit check and a rental background check, to get the most information about your applicant before signing that rental agreement.
Do not be shy about requesting any of the documents listed above. You are being asked to hand over the key to a property worth hundreds of thousands of dollars. You have a right to know who you are giving that key to. That is why it is so important to have AAOA verify the applicant’s employment, including the company name and how long they have worked there, by ordering an Employment Verification.
YOU ARE BEING ASKED TO HAND OVER THE KEY TO A PROPERTY WORTH HUNDREDS OF THOUSANDS OF DOLLARS. YOU HAVE THE RIGHT TO KNOW WHO THEY ARE.
NANCY ABRAMS Assistant Editor American Apartment Owners Association (866) 579-2262 nancy@aaoa.com
Nancy Abrams has enjoyed a long career in real estate marketing throughout Southern California and Las Vegas. She formerly represented 19 Merrill Lynch Realty branch offices, property managers The Roberts Companies, new home developers, including master planned communities Peccole Ranch and The Valencia Company and shopping centers for Sandy Sigel of NewMark Merrill.
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