Rental Application Replace Calculated Field For Free

Proof of income is used by landlords in order to determine a tenant's ability to pay rent. By evaluating a tenant's monthly income, job status, past payment history, and debt status, landlords will be able to determine if the candidate is a safe choice to fill their rental.

Calling your rental applicant's previous landlords for a reference is standard practice in tenant screening.Regardless of the reason, lying on a rental application is a major tenant screening red flag. If you discover your applicant has lied about a rental reference, you can (and should) deny them housing.

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Many applicants do lie on rental applications, whether it's regarding income, past employment, or criminal history. Though it's rare that a potential landlord will fail to uncover the truth, it is possible.But lying on a rental application does have consequences, even if they might not be legal ones.

If an individual needs a loan but they don't qualify because their income isn't enough, they can fake a pay stub to increase their chances of qualifying. However, this is a criminal act. You could face serious fines and even jail time, depending on how much money you borrowed and whether or not you paid any of it back.

Pay Stubs Pay stubs are an easy way for renters to show how much they received in recent paychecks; however, they are also easy for renters to forge. Look for perfectly rounded numbers, alignment issues, and the use of O's instead of 0's when attempting to spot a fake pay stub.

That being said, regardless of what your applicant has lied about, falsifying information on a rental application should be grounds for denial. If you find out that your tenant lied to you after the lease has been signed, it can be grounds for an eviction.