Why do Landlords Conduct Tenant Background Checks?
A Tenant Background Check is conducted to verify the identity & personal history of a prospective tenant to properly access their qualifications and elicit any red flags, such as a criminal history, or bad financial history. Do I Need To Perform Background Screening On A Potential Tenant? No one can predict the future, and some tenants aren’t a problem waiting to happen, but it’s nearly impossible to know which ones will be a problem without a tenant background screen. Being a landlord is a business, and it’s important to use the information that is readily available to you to make the best decision you can on your potential tenant. Especially when the information is free! Bear in mind some of these potential scenarios… · Depositing even a few bad checks from tenants can cause landlords to get their checking account(s) blacklisted with Chex Systems, Inc., Chex Systems (pronounced “check systems”) is a network of Financial Institutions who regularly share information on mishandled che
