What are the importance of cross checking the documents of tenants with utmost care?

You have a house and now you want to give it for rent. As a landlord of rental houses in Bangalore, it is your responsibility to choose the correct tenant who never becomes the reason of your headache or your neighbors. From showing your apartment to signing the lease agreement, the duration should be used to check and cross check the person you are handing over the responsibility of your property for certain time limit. Therefore, you should follow certain steps to give your hose for rent.

Steps to Give Rent

Here, you can go through 5 points which will tell you how you should proceed further as a landlord of flats and apartments in Indian metro cities. To screen a tenant, you should keep these points in your mind-

1.     First Contact- At your advertisement, you will get several phone calls and e-mails. Sort those according to your need. Now, make contact with him/her. On the basis of your contact, the probable tenant will contact you for more information about the property and lease agreement. Ask him potential questions to know him/her well.

2.     Showtime- If you’re satisfied with the answers, make arrangements to show the property to the prospective tenant. This is the first time you’re meeting him/her. So, try to make a concept about the person. Remember, your opposite side will be doing the same.

3.     The Application- The probable tenant has seen the house and shown interest in it. Now, send him/her an application form to get information about hi/her present dwelling, occupation, credit report, employment records, personal information, criminal check etc.

4.     Run a Background Check- Often incidents happen when the landlord is scammed even after providing legal documents as those come out fake. So, it is very important to run background check to cross check the truth behind tenants’ statement. You can take help from any investigating agencies by paying a fee.

5.     Approval- After getting all valid legal documents of the selected candidate, now, you’re quiet sure about his reputation. So, there is no need to keep others waiting.

6.     Lease Agreement- This is not only the final but also the most crucial stage. Sit with your tenant and talk over all conditions. If anything is remain misunderstood or not understood, clear those. If you find anything wrong at this point, you can reject the deal any time you wish. But go very carefully before signing the lease.

Importance of Cross Checking

As per your demand, the possible tenant can submit all documents and tell everything you need to know. But how can you be sure if you don’t cross check his documentation? If you take help from investigating companies, they will provide you-

·       Eviction Report- Tells why the tenant was evicted from his previous dwelling. If you get any record about the prospective tenant, don’t show trust on them.

·       Criminal Record- Definitely, you don’t want a criminal to disturb your life as well as your neighbor. Also, you don’t want to take up any unwanted anxiety regarding this.

·       Public Records- The background check can reveal if the tenant has been involved ever into any legal suit or sued up. If you get records about the tenant of unpaid rent or any other financial matter, stay away.

So, these are the importance to cross check a probable tenant before letting him/her into your property. Once you’re sure about the person, you can proceed further.

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This post is published by Guest Blogger Shanaya Mehta.
Few words about Shanaya -self-driven #freelance writer passionate about life and work, seeking writing assignments, she reads and writes on emerging trends on technology, politics.

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