A Landlord’s Potential Problems (and How a Tenant Report Can Remedy Them)

FraudsWatch.com

<&sol;p>&NewLine;<p>&NewLine;Landlords and property owners have to contend with a number of issues&comma; risks&comma; and problems when renting out an apartment or a land&comma; for instance&period; Of course&comma; there are laws that supposedly protect owners from dubious entities who practice rental fraud&period; But unfortunately&comma; these laws do not work much to their advantage&comma; as the frauds can already get their way around these roadblocks to their criminal intent&period; This is&comma; now more than ever&comma; it is essential for a landlord or a property owner to secure a tenant report&period;<&sol;p>&NewLine;<p>&NewLine;A tenant report can serve as anyone&&num;8217&semi;s insurance against fraudulent individuals&period; Once a landlord hands the key to a property&comma; it will be very difficult to get it back&semi; the contract that should serve the landlord as protection could work to the tenant&&num;8217&semi;s advantage&comma; instead even if he or she is not adhering to it&period; Therefore&comma; a landlord should do the extra precautions by securing a tenant report&period;<&sol;p>&NewLine;<p>&NewLine;Many would be skeptical with this practice&comma; since this is a relatively new process&comma; but here are some problems and risks that landlords have to contend with&comma; and how a tenant report can eradicate these risks&period;<&sol;p>&NewLine;<p>&NewLine;Asking for referrals from previous landlords is a common practice when assessing potential tenants&period; Unfortunately&comma; unless the landlord plans to do actual work on this assessment&comma; there is no way to find out whether the potential tenant is lying about the information he or she will give the landlord about his or her previous landlord&period; For instance&comma; he can simply give the contact number of a friend-and &lpar;especially if the dubious tenant is prepared&rpar; the landlord will have no way of knowing&period; A tenant report can remedy this potential risk&semi; a tenant report contains information regarding a potential tenant&&num;8217&semi;s past addresses&period; With this&comma; a landlord can verify the information given to him&period;<&sol;p>&NewLine;<p>&NewLine;In connection with previous items&comma; landlords do not have some sort of networking system in order to verify and inform each other of fraudulent individuals&period; Adding risk to this lack of system is the landlord&&num;8217&semi;s intent to remove any fraudulent tenants from his property&period; Therefore&comma; he usually gives favorable referrals for these frauds-even if they do not deserve it-just so they can move to another property&period; A tenant report can do what a referral can&&num;8217&semi;t-tell the truth about a tenant&&num;8217&semi;s history and capacity&period;<&sol;p>&NewLine;<p>&NewLine;Landlords usually do not entertain individuals without jobs&comma; assets&comma; or forwarding addresses&period; Yet&comma; anyone can easily provide false information regarding these areas&comma; as well as provide false evidence of employment&comma; assets&comma; and addresses &lpar;for instance&comma; one can easily get fraud employment certificates online&rpar;&period; Again&comma; a tenant report can inform a landlord regarding these areas-and he can be certain that the information in the tenant report is true and accurate&period;<&sol;p>&NewLine;<p>&NewLine;Unfortunately&comma; landlords and property owners will have a difficult time making fraudulent tenants liable for their actions&period; Non-payment for rental properties cannot be considered as a criminal act if the landlord cannot prove the tenant&&num;8217&semi;s criminal intent-which can be difficult&period; So why should anyone put themselves into this much trouble when it can be avoided with a tenant report anyway&quest;<&sol;p>&NewLine;

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FraudsWatch is а site reporting on fraud and scammers on internet, in financial services and personal. Providing a daily news service publishes articles contributed by experts; is widely reported in thе latest compliance requirements, and offers very broad coverage of thе latest online theft cases, pending investigations and threats of fraud.
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