1. Rental Application Form:
This form collects essential information about the tenant, including personal details, rental history, and references.
2. Credit Score:
Landlords often require a minimum credit score to assess a tenant's financial responsibility and ability to pay rent on time.
3. Rental History:
Past rental references help landlords gauge a tenant's behavior, such as payment history and any previous lease violations.
4. Income Verification:
Proof of income ensures that the tenant can afford the rent. Common documents include pay stubs, tax returns, or bank statements.
5. Employment Verification:
Confirming employment stability and income consistency is crucial for landlords to assess a tenant's financial stability.
6. Background Check:
This includes criminal history and eviction records to ensure the safety and security of the property.
7. Pet Policy:
Clarifying the rules regarding pets, including breed and size restrictions, can prevent disputes later on.
8. Security Deposit:
Outlining the terms and conditions for the security deposit, such as the amount, refund process, and deductions, is essential for both parties.