When renting out your house, if you don't use a letting agent, it's crucial to find reliable tenants who will take care of your property and pay rent on time. To do this, you'll need to screen potential tenants carefully. This includes checking their credit score, rental history, and employment status.
What documents can a landlord ask for in California?
- Pay stubs.
- W-2 tax forms.
- W-4 forms.
- Bank statements.
- Court-ordered settlements.
- Employment contracts.
What is a good credit score to rent an apartment?
It's simply a business decision. Most individuals or companies renting an apartment want credit scores from applicants to be 620 or higher. People with credit scores lower than 620 may indicate a high risk of default on rent owed.
What does it mean to rent privately?
What is a private rented property? A private rented property could be any type of residential property such as a house or flat. The property is owned by an individual who then allows someone to live in it for a monthly fee.
What is a landlord required to provide in California?
The most fundamental responsibility of a landlord in California is to provide habitable living conditions for their tenants. This means that the rental property must be safe, clean, and in good repair.
What is the difference between renter and Rentee?
Technically, in common legal usage, the term should refer only to the party who owns the property and allows another to rent it. The party paying for the use of the property is properly termed a rentee.