Evictions, Post-COVID, Potentially the Next Tidal Wave, Opines TenantScreeningUSA.com

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Millions of people across the country face job loss and furlough due to the devastation caused by COVID 19 on national and international economies, and without recent eviction moratoriums the threat of lost rental housing would be very real. Adam Almeida, President and CEO of TenantScreeningUSA.com opines: “Once the country returns to relative normal, and courts reopen, evictions could be the next tidal wave on the national economy, and should immediately alert landlords and property managers to work with a well-qualified tenant screening agency, such as TenantScreeningUSA.com, to stay compliant with any existing and potential laws governing evictions as a part of tenant screening.”

Tenant Background Checks Include Credit Reports, Credit Score, Criminal Background Checks, Eviction Record Reports and Leasing Recommendations.

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Once the economy opens and life returns to relative normal, evictions could occur quickly, and laws may be put in place to combat them. Subsequently, a best practice for landlords and property managers is to work with a professional tenant screening agency.

While the world sits through lockdowns and isolation, while incomes have shrunk or disappeared, the subsequent threat of eviction would be a looming disaster if not for eviction moratoriums across the country. Adam Almeida, President and CEO of TenantScreeningUSA.com opines: “There is a potential for a second wave of economic challenge when evictions are allowed, and a best practice for landlords and property managers is to work with a well-qualified third-party tenant screening agency to stay current with eviction law, as well as potential law that may occur when evictions are normalized once again.”

Not long after “stay-at-home” rules were implemented and the entire economy thrown into disarray due to COVID 19, eviction moratorium were put in place in various jurisdictions across the country, allowing relief for people that no longer are able to pay the rent.

In order to benefit from an eviction moratorium there are rules and expectations to follow and it starts with good communication with a landlord or property manager.

From SFCurbed.com (May 1, 20):fxv

“It might take a bit of effort to do this, but your landlord will require a statement from your employer that the business has closed or has severely limited its operations, and you have been laid off, are [sic] receiving partial pay or no pay,” … “Also, it will be necessary to justify any rent deferral, and your landlord requests that you provide the most recent three months of your bank statements (checking and/or savings account) showing your accounts are insufficient to pay the rent.” (1)

Following the steps to get the proper protection from eviction could prove vital to many people across the country, but these steps should be taken.

Almeida adds: “Once a moratorium is in place a renter can be protected from eviction, but once the moratorium is lifted a renter may be liable for past due rent.”

Again, from SFCurbed.com (May 1, 20):

Advocates for both landlords and tenants uniformly predict a flood of COVID-19 evictions will arrive as an aftershock. Absent a miraculous economic recovery, an unprecedented bailout for tenants and homeowners, or generosity from San Francisco’s many billionaires, broke renters will be even more destitute when the public-health crisis ends, eviction notices resume, courts reopen, and the sheriff’s department begins enforcing court orders. (2)

Almeida concludes: “Once the economy opens and life returns to relative normal, evictions could occur quickly, and laws may be put in place to combat them. Subsequently, a best practice for landlords and property managers is to work with a well-qualified third-party tenant screening agency in order to remain fully compliant with existing law as well as the potential of new laws governing evictions.”

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 tenant screening. With a highly trained and experienced staff, TenantScreeningUSA.com can provide help to landlords and property managers with all their tenant screening needs.

Notes:
(1)    sf.curbed.com/2020/4/20/21224360/covid-19-evictions-eviction-renters-landlords-coronavirus-california
(2)    ibid.

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