Additionally, it is crucial to recognize that as a landlord, you could be held accountable if you fail to verify your tenant's background, particularly if they engage in any criminal activities. Therefore, it is advisable to conduct tenant verification before finalizing a Rental Agreement with them. Here are a few methods through which you can verify your prospective tenants:
Police Verification :
The property owner typically holds the mandatory responsibility of sharing relevant tenant details with the police and obtaining a clearance certificate accordingly. For example, in Bengaluru, landlords can download the tenant police verification application form from the Karnataka State Police website. To utilize this service, the applicant must be a resident of the city, and the address to be verified (e.g., the former address of the prospective tenant) should also be in Bangalore. In the case of a foreign national, a Police Clearance Certificate (PCC) designed for Foreign Nationals can be obtained. Moreover, there is a separate Police Clearance Certificate (PCC) available for Indian Citizens.
External Agencies :
Some specialized companies offer background check services to businesses and landlords. They follow a checklist that includes contacting the previous landlord, neighbors, and the applicant's workplace, among others. After completing the checklist, they provide a comprehensive report. The report typically covers essential aspects such as criminal history, address verification, and identity verification. Additionally, upon request, these companies can conduct reference checks and credit checks as well.
Self-Verification :
You can conduct a basic check on potential tenants by yourself, which may require some time but not excessive effort. Since you need a government identification document for the Rental Agreement, you can use it as a primary means to verify the tenant's identity. Asking for references from within the city or from their previous city, in the case of newcomers, can provide valuable insights. Additionally, checking with the applicant's employer, especially if it's a reputable company or multinational corporation, can offer some level of assurance, as HR departments often conduct background checks. Communicating with the tenant's former landlord is also a good idea to gain a clear understanding of their rental history. However, performing credit checks and criminal checks might be more challenging to handle independently.
Red Check Risk Management Verification :
Red Check Risk Management has revolutionized the process of finding and verifying tenants with utmost speed and convenience. When you choose to make a rental agreement through us, you gain access to the option of Police Intimation. Even if you aren't utilizing our rental agreement services, you can still request Police Intimation separately. Simply contact us via call or message, and a member of our team will promptly assist you in fulfilling your requirements.
It's essential to recognize that many landlords have encountered tenant-related fraud, resulting in significant financial losses, estimated to be in crores. These losses stem from issues such as non-payment of rent, property damage, and litigation expenses. To avoid these hassles and safeguard your interests, it's crucial to have your tenants verified through our reliable services. For more details about rental agreements, click the link below.
