Tenant Walk Through Form

An owner should never accept a renter for his property without doing some basic edits. These checks can be made each time a new tenant is required and must be part of your management system property.

First, you need the owner to decide on the description of your ideal tenant. It will be dictated by the market based on the location of your property. For example, if your property is near a hospital, you will likely receive applications from doctors and nurses. Similarly, if your property is near a college or university, you will most likely rent it to students. Furthermore, your advertising strategy should be oriented to capture your ideal tenant. There is no point in advertising in a shop window, if your prospective tenant will never store or go to the store. This is why it is so important to know your market.

Second, the tenant should be asked to fill out a rental application. This form will be used to obtain credit checks and make personal references. You should also ask for details of employment history and rental potential client. All this information can be verified by contacting a former owner and the tenant's current employer. The owner must check all details provided by the tenant and only accept a tenant who has provided information that you were able to verify as accurate. If two or more adult persons who intend to rent the property, each must complete a separate application for rental.

In addition to the application, you must still interview your potential tenants to ensure they are a good match for you and your property. Always ask a tenant why they want to rent your property and how long they intend to stay. You should always try to accept that tenants are honest and responsible. A tenant errant or non-payment is the last thing an owner wants. Another thing to keep in mind the need to practice non-discrimination. Always treat all prospective tenants without distinction as to race, religion, sex, color, etc.,

Once you are satisfied with your prospective tenant, the owner's expectations and the tenant must be established. The terms and conditions of the lease must be examined. problematic issues such as due dates, assessment fees, violations or breaches, warranties, repairs, maintenance, inspection, procedures for termination and the ownership of deposits and refunds are be clarified at the outset. Strict compliance with rules and regulations must be practiced, but without prejudice to the rights of tenants.