To help landlords better assess applicants as future renters, they can have candidates complete a Wisconsin Rental Application. This application is designed to show that a renter can hold themself accountable for on-time rental payments and reasonable use of the rental property. A landlord should request a separate application from each potential adult tenant to check.
To complete a Rental Application Form from Wisconsin, an applicant will need to complete the following information:
In addition, landlords can also include a series of questions asking about a potential tenant's criminal, bankruptcy, and eviction history. The rental application will also need to include the cost of the rent each month along with the cost of the application fee. Landlords can also include a cost for a security deposit and there is no limit to this amount. The final section of the application will need to include signature and date sections for both the applicant and the landlord.
A landlord may charge a rental application fee (also known in the state as an "earnest money deposit") for the application at whatever amount they choose, but only a maximum amount of $20 can be charged for the express purpose of a credit check. The purpose of the application fee is to allow the landlord to supplement the cost of a background check for each prospective tenant who completes a Wisconsin rental application.
In the state of Wisconsin, a landlord is also able to charge a security deposit and there is no state limit for how much a landlord may wish to charge for the deposit. The purpose of a security deposit is to allow the landlord to make any repairs to the property after the tenant leaves, or if a tenant breaks the agreement and the landlord must cover the cost of losing the income from the tenant until a new tenant can be found.
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