Tenancy Database Checks: Extra Protection for your Property

Did you know that black listed tenants target private landlords, who generally don't have access to tenancy database checks?

There is a range of tools and resources available to property managers to help us find quality tenants. Databases such as TICA can be a helpful resource to check and determine if prospective tenants have any "black marks" against their names.

When can people be listed on a tenancy database?

Renters can only be listed on a tenancy database for specific breaches to their tenancy agreement. These breaches include intentionally damaging property, not paying rent, failing to comply with a court order, using the rented property for illegal purposes or subletting the property without approval from the property manager or landlord.

Assessing the tenancy application is the first step

The first step in assessing a prospective tenant is reviewing the rental application. We will check if a prospective tenants income can cover the monthly rental amount and whether references from previous landlords and property managers meet our criteria. Accessing a tenancy database is a good way to complete a final layer of due diligence on the applications you receive.

Next, complete a search on a tenancy database

As your agent we obtain a membership to access a database where you can search and review prospective tenants. The tenancy search may uncover that some potential tenants have had problems with their previous rental properties in this process. These problems may include late rental payments or not receiving a full bond refund due to property damage.

Checking if a prospective tenant is listed on a tenancy database can be a helpful due diligence step in reviewing rental applications. Remember, it's just one final step in the application process and ensuring you have a quality property will attract high-quality prospective tenants in the first place.

It is also worth mentioning, that tenants who are listed on a tenancy blacklist, will often target private landlords who do not have access to these checks - just another reason why having a professional property manager look after your precious investment property is a wise choice.