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Re: how long do you keep past tenant's leases, etc? - Landlord Forum thread 354949

Re: how long do you keep past tenant's leases, etc? by Anonymous on November 6, 2017 @15:24

                              
The landlord must follow the “Disposal Rule” of the Fair and Accurate Credit Transactions Act of 2003, known as the FACT Act, 69 Fed. Reg. 68690. Time limits are set by your States statue of limitations for contracts. A landlord should keep all consumer file past the statue of limitations just in case a tenant files at the last moment.
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Re: how long do you keep past tenant's leases, etc? by Stephen (Washington (WA)) on November 7, 2017 @01:59 [ Reply ]
Regarding the Disposal Rule of FACT Act, I assume you are referring to documents relating to when I run an applicants credit report. As I have a third party run the report and I do not receive the details, I assume that this does not apply to me. Or do you mean that there is something inherent in being a landlord that causes the FACT Act to apply?
    Re: how long do you keep past tenant's leases, etc? by Anonymous on November 7, 2017 @02:54 [ Reply ]
    The FACT act Disposal Rule covers all landlords, no exceptions. It covers leases, applications, credit reports, adverse letters, etc.

    You can find your States statue of limitations at;

    Chapter 4.16 RCW LIMITATION OF ACTIONS


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