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In this video, Stephen White discusses the essential information landlords should collect from tenant applicants on rental applications. He emphasizes the importance of using the correct application, as specific states have unique regulations. For instance, in New York, asking for a date of birth is prohibited, while California recommends the California Realtors Association application. He advises landlords to ensure they are compliant with state laws and suggests visiting RentPrep.com for application resources. Key information to gather includes the applicant's name, date of birth, social security number, and current address, highlighting the significance of these details in the screening process.