Transform your daily workflows and Redact Rental Application

Aug 6th, 2022
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How to Redact Rental Application

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Hows it going everyone Matt Leighton and welcome back to another video. Today were talking rental application mistakes. In this video, Im going to give you 7 mistakes to avoid when you apply for your rental property. This is mostly for applying to condos, townhouses, and houses that are owned by a private owner but could also be used for applying to apartments. So with that being said, lets get started. Number one is Negotiating before Applying. When I have a rental listing, I will get so many calls and emails that say something like - Is the property still available and is the owner flexible on the rent? Okay what? You havent even seen the place but you want me to ask the owner if theyll lower the rent? Will you be applying? Do you want to set up a visit? Can we see your application to make sure you dont have a credit score of 400? The time to negotiate is when you submit the application. THeres nothing wrong with negotiating. In fact, I almost encourage it depending on the m

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.
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By asking for your bank details, the landlords can verify your bank account and that your income, minus your expenses, is enough to meet your payment obligations. Landlords may also want to know your account number in case you fail to pay your rent.
You should redact or hide your account number, transit number, and any information that does not fulfill the purpose of the statement request. If you are presenting your bank statement for income verification purposes, you will need to show your account balance.
To deny a tenant application, you need to let the prospective tenant know that you will not be selecting their application by sending them an adverse action letter. This letter informs the tenant why they are being denied, and if there is any way that their application can be reconsidered.
TIP! In preparation for having your documents scanned, know that financial information and account numbers can be blacked out on forms and cards such as checking account statements or ATM/Debit cards. You can use a black marker on paper statements and tape on cards to black out this information.
TIP! In preparation for having your documents scanned, know that financial information and account numbers can be blacked out on forms and cards such as checking account statements or ATM/Debit cards. You can use a black marker on paper statements and tape on cards to black out this information.
When you are redacting information from your bank statement, you should black out or hide any information that is not relevant to the purpose for which you are providing the statement. This may include your account number, routing number, balance, and other personal information.
When you are redacting information from your bank statement, you should black out or hide any information that is not relevant to the purpose for which you are providing the statement. This may include your account number, routing number, balance, and other personal information.
You should redact or hide your account number, transit number, and any information that does not fulfill the purpose of the statement request. If you are presenting your bank statement for income verification purposes, you will need to show your account balance.
By asking for your bank details, the landlords can verify your bank account and that your income, minus your expenses, is enough to meet your payment obligations. Landlords may also want to know your account number in case you fail to pay your rent.
A landlord can ask for your SIN, but under the law, you do not have to give the landlord your SIN. The landlord can use other ways to perform a credit check. For example, the landlord could ask for your full name and your birth date.

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