Landlord Newsletter June 25, 2013 Rental Application Prepare Tenant for Lease |
Dear Fellow Landlord,
"Knowing how to screen tenants and having all the right landlord forms at your disposal can turn an ordinary rental property owner into a very successful landlord!" In this newsletter:
Please e-mail us if you have any questions or would like to add or share any material / information. Have a great month and an even more successful year ahead. and you feel the tenant has passed your requirements so far and you have shown the property to the tenant It is time for The LPA Rental Application The LPA Rental Application has eliminated many tenant problems by helping us to do a better job screening the applicant. Qualified tenants are more than happy to fill out the form and show you how wonderful they are. Find out as much pertinent information on your rental applicants as you can before entering into any lease or rental agreement.
Click for more about The LPA Rental Application
To avoid an unprepared tenant at the lease signing, be sure to instruct him on what to bring with him beforehand. We like to always require the tenant to bring a copy of his driver's license, social security card, and the balance due in certified funds, money order or cash. Also, if there are any other adjustments, we'll advise them at that time.
The Landlord Protection Agency® presents John Reno, Esq., a highly experienced Landlord - Tenant attorney based on Long Island, NY.
John Reno also does Mortgage Loan Modifications (Nationwide). Dear Mr. Reno: The tenants are both active duty military, with one or the other of them spending 6 months or more overseas. They have been fortunate so far, in that one of the couple is kept stateside while the other has to go into combat areas, but there is always a possibility that both of them would be deployed at the same time. I need to ensure the rent will continue to be paid, no matter what happens.
Help? And, is a background check going to be required on Granny? A: You need an amendment to the lease. The LPA has addendum forms for this at Essential Landlord Forms . (No credit check needed in this case.) You can add her to the lease making her liable too or just have her cosign.
Now, what if they won't sign? You have to tell them when their lease expires, you won't renew. By the way, me thinks you protestith (worrying) too much!
If you have a landlord tenant problem you'd like to ask a question about, please feel free to e-mail me your question. If you haven't already, please take the opportunity to sign up for The LPA's Quick Check Credit Reports! Quick Check is a simple, fast way to access online credit reports with an LPA discount!
(LPA Membership Bonus Feature) Have you ever been beaten by a tenant on the rent? Most of us have and unfortunately, it is one of the costs of doing business as a landlord.
Credit bureau reporting is an option in which many modern landlords are beginning to participate. The LPA recommends tenant and credit reporting to our members.As landlords ourselves, we do not believe tenants should get away "Scott Free" for leaving their landlord with a mess of unpaid rent, damages and other unpaid responsibilities. The prospect of reporting delinquent rent onto the tenant's credit record creates an incentive for the tenant to preserve his good credit, or to clean it up in order to some day qualify for a loan or mortgage. A delinquent landlord debt is a serious mark against a consumer tenant's credit report for seven years and will likely: Notifying the current or former tenant that you intend to report their rental debt or payment history can be done in the following ways: Credit Reporting Disclosure Notice , or Credit Reporting Disclosure Notice to Former Tenant For The LPA's Tenant Reporting, click here
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