Rental Forms are completed by prospective tenants looking to lease property. They are used by the property owners to screen the tenants in order to select the ones that suit them best.
Real Estate Forms, specifically, are used by owners who have a vacant room, apartment, house, or even a commercial property and want to make a profit of it. The goal of the form is to get the background information on the tenant. The landlords are eager to screen their tenants well since most problems they face can in principle be eliminated through the process of screening. This process is quite transparent and systematic. Thanks to this process, the tenants have an impression to be treated in a fair way. Every tenant submits a rental application form, which authorizes the landlord to perform a credit check on the potential tenant. A credit report and criminal history check are part of the process as well. The tenants release their permission for the background check by signing the form.
Rental Forms and Notices
Rental property forms are designed to help the landlord, property manager and tenants to take control over the area that used to be the domain of lawyers and notaries, saving money on the way. There are a number of forms and notices that deal with various issues. The most sought after in real estate are the following ones:
1. Rental Applications
Rental applications are used by the owners or property managers to gather information on potential renters. Naturally, landlords can rent their property to tenants without obtaining a rental application, but it serves as extra protection.
2. Tenant Reference Letters
These are letters of confidence from the previous landlord to the new one confirming the information the tenants say about themselves is true, common in cases when the individuals have a poor credit score.
3. Lease Agreements
Lease agreements are vital legal documents completed prior to renting property to a tenant. It is a binding contract between the landlord and the tenant, which covers the renting of property for long periods of time (at least 12 months).
4. Rental Agreements
These are written contracts between the owner of a property and an individual (renter) who wishes to have temporary possession of this property. It differs from the lease agreement mainly in the duration aspect of the rent.
5. Rent-to-Own Agreements
These agreements - also known as rental-purchase agreements - are legally documented transactions under which tangible property, i.e. motor vehicles, furniture, electronics, home appliances, real property, and such like things are leased in exchange for a weekly (monthly) payment, with an option to purchase this item at the end of the lease or before the term is over.
6. Rental Inspection Checklists
These checklists are tools employed by landlords or property managers to ensure that rental property is in order before and after the tenant's occupation. The inspection itself involves a thorough visual check of the property from the inside and outside.
7. House Cleaning Checklists
A house cleaning checklist is another tool used when cleaning homes. The checklist is given to the customers by the cleaning personnel. It helps the cleaning company to stay competitive in terms of quality and pricing.
8. Notice of Rent Increase
Rent increase notices are letters notifying the tenants of an upcoming increase in their monthly rent. The local laws govern the percentage of a rent increase, as well as the amount of time you should give in your warning.
9. Late Rent Notices
These are given to the tenants when they are late with a rent payment. It is advisable to give this notice right away in keeping with the possibility of a later eviction.
10. Notice of Intent to Vacate
A notice of intent to vacate is a letter the tenant addresses to the landlord with an intention to give the owner notice that the renter will be moving out of the property. Usually, the renters plan their move around the renewal time of their lease.
11. 30-Day Notice
These are warning letters either from a landlord to a tenant asking them to vacate the premises within 30 days or a letter from the tenant to the landlord informing the owner of a change in the terms of their tenancy. It is common with a month-to-month lease.
12. Eviction Notice
Eviction notices are written ultimatum letters telling the tenant to either comply with the rental agreement or vacate the rental unit. An eviction is part of a court process and lawsuit to have the tenant removed from the property in the event they fail to move out.
13. Lease Termination
This is a letter written by the landlord that announces the ending of the rental agreement and asking the tenant to vacate the property. Contrary to the eviction notice, a tenant can have their tenancy terminated without being evicted.
A Key Receipt is a form according to which a tenant has agreed that they have received keys to a property they rent, and guarantee to return them to the landlord or property manager by a certain date or when the lease agreement expires and the rental period is over.
When it comes to renting your apartment to somebody, you can never be too sure what kind of person you'll have moving in. This Background Check Authorization Form shows you the key steps a property manager can do to make sure there are no hidden surprises with potential applicants.
This document covers the area of making a legal agreement between an individual and a tenant wishing to use their services as a cosigner. It clearly outlines the services offered to each party of the agreement to protect the landlord in case any issues with the potential tenant arise.
A Georgia Rental Application is a document that states information about a potential tenant for a landlord or property manager to verify.