Background Checks
Key Property Group uses several agencies to manage our rental inventory. The application process will vary slightly depending on the agent performing the background check, but in general the background checks will cover the items noted below.
Living History
We will check your living history, which shows addresses
where you've lived, and how frequently you've moved. This helps us verify
your background in several ways. If you've lived in property managed by
our property manager, or another property manager in the area, we are
able to verify rental references. If you move frequently we may inquire
as to the cause of the frequent moves, as this may indicate a higher risk
of short term rental.
Court Records
We check for active court records which could include
evictions and other legal proceedings. In general we will not rent to
prospective tenants with a history of evictions.
Criminal Check
We check for criminal activity. In general we do not
rent to prospective tenants with criminal backgrounds. Items of particular
concern are drug or weapons related activities.
Credit Check
We verify credit history. The most important thing
we look for on credit history is a pattern of delinquency on new accounts,
and particularly landlords that may not have been paid. Our key concern
is that you make your rental payment your top priority. Certain items
such as cell phone bills and medical bills are not likely to cause denial
of rental if other items on the background check area clear.
Income
We verify your income and we count toward your rental
qualification any legitimate sources of income. Proof of income in the
form of pay stubs, benefit statements, etc. is required. Wages, social
security income, food stamps, and disability income are all acceptable
forms of income for rental qualification. In general you need approximately
3 times the monthly rental as your minimum income to meet our guidelines.
Last Update: 10/31/2009
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