Landlords: Use Common Sense when looking to Rent-out a Residential Property:
- Check Tenant Identity
- Check Tenant’s references; make sure they are relevant, and not “phony” (e.g. friends answering phone)
- Meet in Person and Interview the Tenant
- Check Tenant’s Credit (pull a report)
- Get the Tenant to fill in a Rental Application; Ensure your rental application requires the prospective Tenant to list the
previous landlord's phone, the reason for leaving previous place, any bankruptcies or foreclosures.
- Inquire about Tenant's employment status and obtain contact information for the employer
- Ask the Tenant to present most recent few paystubs, and verify income
- Don’t hand over the key(s) before the deposit check clears
- Additionally, you can ask the Tenant for a Canadian Police Clearance certificate (obtainable at local Police stations)
- Don’t fall for the OVERPAYING Scam, where the fake prospective Tenant will send a cheque or money order for
MORE than you have requested, followed by him asking you to deposit the money and return the excess.