There are many things to think about as a landlord or a property manager when you are getting ready to rent out your property. But one of the most important items on your checklist should be making sure you have a good Tenant Application Form. Having the right tenant application form handy for you applicants to fill out will save you time and money and in some cases, costly and stressful legal headaches.
Your Tenant Application Form should ALWAYS collect the following:
- First, Middle and Last name of your applicant. The more info you have, the better for tenant screening purposes.
- Current address of the applicant.
- Current landlord name and phone number information for reference checking purposes.
- Current employer and employer phone number for employment verification.
- Social Security Number of the applicant. This is a must have for doing a tenant credit check.
- The date of birth of the applicant. This is a must have for the tenant credit check and the tenant criminal background check.
- Detailed list of other potential occupants
- Disclosure and details of any pets
- The applicant’s signed authorization and acknowledgement for a tenant credit check, a criminal background check and other tenant screening. It is the law under the Fair Credit Reporting Act that you have to have the applicant’s signed authorization before you can attain credit history or background information on the applicant.
Your Tenant Application Form should NEVER collect the following:
- Sexual Orientation
Getting the right information the first time and side stepping legal pitfalls will help you expedite the application process and allow you to get a qualified applicant into your property faster. Many sites offer a Tenant Application Form Template to help you get started. Be sure to check with your state laws to see if additional modifications need to be made to any template you find. Attached is a Tenant Application Form Template you can use. Best of luck and happy renting!