It is important that when you are selecting a tenant for your property, a systematic approach is taken each and every time to ensure the highest quality tenant is chosen each and every time.
There are a number of ways to screen your tenants but in all cases you should be interviewing prospective tenants, and having all applicants complete a Tenancy Application Form which collects sufficient information to enable you to do thorough background checks.
The minimum information to collect will include – the applicant’s full name and date of birth, previous landlord references, driver licence details, employment and employer contact details, other referee details.
Once you have collected this information you can then contact the referees provided to determine the suitability of the tenant for your property. Remember to always verify referee details where possible as many prospective tenants have used the old trick of providing their mate’s phone number instead of a genuine referee.
The information described above on a standard application form will allow you to do checks with online databases such as Tenancy Tribunal Orders Online, Tenancy Information NZ (TINZ), or VEDA Advantage (formerly Baycorp). These databases allow you to determine whether a prospective tenant has had a previous Tribunal Order lodged against their name, and you can also assess the credit worthiness of the applicant, and verify details such as their licence identification and date of birth.
REMEMBER: Always follow a robust and systematic system each and everytime, and it will save YOU money in the long run!
Need some more advice regarding tenant background checking, give us a call!!
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