A tenant information update form is a document used to keep the database of tenants up-to-date. Landlords will need to regularly get this document signed by the tenants occupying properties. To minimize any sort of liability, potential loss and verify background information this form is important.
Additionally, this form is required by the landlord when he needs to update the information of the tenants. The following reasons are usually responsible for this;
Table of Contents
Creating a tenant information update form is a straightforward process. You just have to include some basic details and some disclaimers. Let us discuss step-by-step how to create it; You may also like New Landlord Introduction Letter.
Basic identity:
The first thing is identity. If you rent a property to the new tenants then include full information about him. You should mention his full name, date of birth, and a government issued ID proof. Also, ask for his social security number.
Contact details:
Next, update tenant’s contact details on a regular basis. In this today’s internet world, everyone has a digital identity so you should include their Email address.
Residential history:
You should also update the residential history like tenant’s previous address, street number, zip code, and the duration of stay. Here you can also mention owner’s contact number and residential address.
Employment information:
After that, when you are renting a property to new tenant, make sure that you will be getting rental payments each month. Mention the tenant’s job and occupation, monthly or annual income as well.
Credit evaluation:
Ask for his credit history such as his savings account number, credit card, and additional loan if any. You should also check Maintenance Request Form.
There are different types of tenet information forms. A few of them are as follow;