Going through the process of finding a valuable new tenant for your rental property is no fun. However, just as there are proper steps to follow when vetting a prospective tenant, there are processes and legal requirements one must abide by when it comes to denying an application. Read on to learn the best ways to deny a rental application.
Setting Yourself Up for Success
Let’s first start with some essential features of your vetting process. Our free 10-page guide, How to Place Your Ideal Tenant, discusses finding and vetting a tenant but does not cover what to do if you have to deny an application. One aspect of marketing your unit goes over how important it is for a landlord to create their qualifying criteria and ensure the applicants are aware of these criteria before paying a fee and completing your rental application.
