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Landlord Newsletter - June 19, 2012 - Tenant Denial

The LPA Newsletter June 12, 2012

Dear Fellow Landlord,

In this newsletter:

  • 3 Ways to Reject a Tenant Applicant
  • Free Credit Screening Form: Adverse Action Notice
  • Ask the Attorney, Real Estate Attorney, John Reno
  • Wealth Secrets and Success Quotes

Please e-mail us if you have any questions or would like to add or share any material / information. Have a great month!
John Nuzzolese
John@theLPA.com

"The best way to avoid tenant problems is to avoid problem tenants." - John Nuzzolese

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3 Easy Ways to Reject a Tenant Applicant


Tenant Rejection!

Many of us have had difficulty in rejecting interested rental applicants for our properties. Without a system to save you from legal entanglements, wasted time and aggravation, hurt feelings and embarrassment, you are going to be one unhappy and unsuccessful camper.

Having a legal and effective approval and denial system for your rental application process is essential if you are going to last in the landlord business.

Because every situation and applicant is different, it is best to have more than one method of rejecting an unwanted applicant. Unwanted applicants can vary in levels of unacceptability.

  • Totally Unacceptable (credit or other reasons)
  • Unqualified, but can become qualified (co-signer or large deposit needed)
  • Qualified, but you have someone else more qualified

      3 Legal Ways to Reject a Tenant Applicant ...

      click for the full article...

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      Free Tenant Adverse Action Notice!


      If you reject an applicant because of negative information on his credit report, an Adverse Action Letter is needed to comply with FCRA (Fair Credit Reporting Act) regulations. This would enable the consumer to exercise his right to obtain a free credit report from the credit bureau the information was derived from to understand or dispute information in the credit file.

      Adverse Action Notice



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      Landlord Tip

      Charging Late Fees
      The LPA LEASE CLAUSE # 3, Late Fees

      One of the most important elements of modern residential leases today is the Late Fee clause. In order to encourage timely rent and discourage late payments, I highly recommend you have a solid late charge clause. Having the clause in your lease is only part of protecting yourself against late rent...

      click for the full article on Late Fees...



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      Ask the Attorney

      The Landlord Protection AgencyThe 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).
      (Mention The LPA for a 10% discount!)

      Dear Mr. Reno:
      I am in the process of evicting a tenant. He never showed up for court. He tried paying me May/June's rent. I refused to accept it. I recall reading in your forum, NOT to accept rent during the eviction process. Is my recollection correct, or am I mistaken? Assuming I win in small claims court for back rent/expenses, when and how would I go about garnishing his wages ? I've won in small claims before, and got nothing. Is there any good reason why Judges don't issue contempt of court charges against those who miss their court date? Or do they feel as though they and their court are a joke? Arrests and fines for those not showing up for court are a good way for municipalities to generate income. This individual works for a Large Package delivery Service, if that's a factor. Thank You - Tim, NY

      A: If you take the rent, you may reinstate the tenancy. After you get a money judgment, file it with the county clerk & then get back to me.

      If you have a landlord tenant problem you'd like to ask a question about, please feel free to e-mail me your question.
      Submit a landlord / tenant question for Mr. Reno
      Please try to keep your questions as short and to the point as possible.

      Read more from John Reno, Eviction Attorney



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      Wealth Secrets and Success Quotes

      "You think you know someone? You don't really know them until they've rented from you." - John Nuzzolese, TheLPA.com

      "Show me a good loser, and I'll show you a loser" - Leo Durocher

      "Time is more valuable than money. You can get more money, but you cannot get more time." - Jim Rohn

      "Poverty is when large efforts produce small results. Wealth is when small efforts produce large results." - David George

      "We are what we repeatedly do. Excellence, therefore, is not an act, but a habit." - Aristotle

      "How much did your last tenant problem cost you?" - John Nuzzolese, The Landlord Protection Agency

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      Quick Check Credit Reports, Inc.

      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 while saving you money!

      Special Discounts for LPA members.
      See our price list!



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      FREE Tenant Credit Reporting
      (LPA Members Only)

      Tenant Reporting

      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.
      On the brighter side, remedies are available for many. If you have documented your tenancy with the proper paperwork including a rental application, lease agreement, late notices, etc., you may have a chance of collecting.

      Credit bureau reporting is an option in which many modern landlords are beginning to participate....

      Click here for the full article


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      LPA Membership Expiring?
      Take Advantage of our low Renewal Prices!

      How to Check your LPA Membership Expiration Date:

      1. Be logged in with your LPA username & password
      2. On the "Main Menu" (top right), click on "Your Orders" (right below your name)
      3. The beginning date of your membership will be listed to the left of your membership order # in this format: YYYYMMDD


      *Your Membership Expired? No Problem!



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      LPA Members, Interested in past LPA Newsletters? Feel free to view the LPA Newsletter Archive

      What are people saying about The Landlord Protection Agency?



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