How to Prepare a Rental Application (Landlords)

How to Prepare a Rental Application (Landlords) thumbnail
Prepare a Rental Application (Landlords)

As a Landlord, the most important step in placing a Tenant is the application process. Requiring completed applications and verifying all information is the final step of renting your property after preparing, advertising, and showing your property.

Instructions

    • 1

      Make it easier. You may choose to print out several paper applications, but another way to better reach Tenants is to keep a copy on your computer in a program such as Microsoft Word. This way, the form can be emailed and returned by mail or fax.

    • 2

      Ask for personal info. In order to process the application fully, require the applicant to provide you with the following: full name, current address, Social Security Number, driver's license number and birth date.

    • 3

      You need the history. Ask for the applicant's current and previous Landlord information, be sure that they provide you will a phone number so that you can easily reach them.
      You will also need to ask the following simple but extremely important questions:
      Have you ever been late paying rent? Have you ever been evicted? Have you ever refused to pay rent?

    • 4

      Require references. Ask for at least 2 references; one personal and one professional.

    • 5

      Income and Job verification. The applicant must currently have a job or some form of income. A general rule of thumb is to look for at least 2 years steady work history and an income of 3 times the rent.

    • 6

      Signature needs. Make sure the applicant signs the application. This authorizes you to use the information and contacts provided to verify that all information is correct.

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