Best Practice: Work with Tenant Screening Agency to Ensure Compliance with Law; Opines TenantScreeningUSA.com
WALTHAM, Mass. (PRWEB) February 08, 2018 -- As the rental market remains short on inventory and increasingly expensive, landlords and property managers seek the most qualified candidates for rental units, and in light of heightened demand a best practice remains to work with a well-qualified third-party tenant screening agency. Adam Almeida, President and CEO of TenantScreeningUSA.com opines: "As the rental market remains very tight now, more than ever, is the time for a landlord to work with a third-party tenant screening agency in order to remain fully compliant with law as they seek the very best candidate for their property."
The legalities of tenant background screening can often be complex, but these complexities can be avoided by working with a well-qualified third-party tenant screening agency.
Adam Almeida states: "Landlords continue to seek the very best candidates for their available units, individuals and families that can afford the property as well as fit into the community itself. Utilizing highly effective and legally compliant tenant screening allows the landlord to make a well informed decision on an applicant."
Part of the challenge in the rental market rests with the so-called Millennial Generation. With desire to live the American Dream without the shackles of a mortgage Millennials have a greater willingness to rent either in apartments or a single-family dwelling. (1)
From Forbes.com (Oct. 17, 17):
Looking to have their slice of the “American dream” while maintaining their freedom and flexibility, millennials are finding the best of both worlds in single-family rentals. Gone are the days when the two options were to live in an apartment or buy a house. By renting a single-family home, millennials get tree-lined streets, a yard and a two-stall garage, but can pack up and move fairly quickly if needed. (2)
With the increase in rental demand landlords need to ensure they take the proper legal and lawful steps as they seek to secure tenants.
Almeida opines: "This is where the tenant screening agency is so valuable. Not only do they provide the service of tenant screening they also can assist in keeping landlords compliant with law. Laws change frequently and it is incumbent on the landlord to stay current. A tenant screening agency can excel at that service."
Landlords should take note with what is legal and illegal when vetting rental applicants.
From The Las Vegas Sun (Jan 22, 18):
By law, landlords have the right to choose tenants they believe will be responsible, good stewards of a property. Landlords can, and should, consider every applicant’s income, prior rental references and credit history.
However, landlords cannot base their decision to rent, or not rent, to someone on factors associated with a legally protected class. Nevada law prohibits rental discrimination because of race, color, national origin, religion, gender, sexual orientation, gender identity, gender expression, disability or familial status, such as pregnancy or number of children. (3)
Almeida concludes: "In the end the time is now to ensure proper compliance with all laws governing tenant screening, especially as the rental market remains hot and landlords seek the very best tenants."
TenantScreeningUSA.com provides full service tenant screening for landlords and property managers of any size and can greatly assist in remaining fully compliant with all existing law governing the use of tenant background checks. With a highly trained and experienced staff, TenantScreeningUSA.com can provide help to landlords and property managers with all tenant screening needs.
Notes:
(1) forbes.com/sites/forbesrealestatecouncil/2017/10/17/millennials-are-driving-up-the-single-family-rental-market-heres-why/#1eb514764d2a
(2) forbes.com (ibid)
(3) vegasinc.lasvegassun.com/business/2018/jan/22/a-fair-shake-how-landlords-can-avoid-legal-pitfall/
Dan Adams, Tenant Screening USA, https://tsusa.mysmartmove.com/, +1 8778116557, [email protected]
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