While it might be tempting to rent a property quickly, adopting a careful approach to tenant selection is crucial. Thorough background and credit checks become imperative when welcoming new individuals into your property. From legal considerations to practical preparations, here’s a comprehensive new tenant checklist for landlords to make the process seamless and positive for both parties.
Conduct Background and Credit Checks
Before entrusting your property to a new tenant, it’s crucial to conduct both background and credit checks. A background check also unveils any criminal, eviction or fraudulent history. It also provides valuable insights into the tenant’s reliability. In Dubai, the Al Etihad Credit Bureau generates credit reports, offering a financial barometer for potential tenants. If the potential tenant grants permission for a background credit check, you can examine details such as open and closed credit cards, monetary judgments, late payments and more.
Confirm Legal Formalities
Before welcoming new tenants, ensure all legal formalities are in order using the new tenant checklist for landlords. This includes having a valid and well-drafted lease agreement that complies with local regulations. Moreover, verify that the terms and conditions are clearly outlined, covering rent amounts, payment schedules and any specific rules related to the property.
Review Credit Score
Checking credit score serves as a numerical representation of a tenant’s creditworthiness. In Dubai, the score ranges from 300 to 900. A score below 600 may indicate potential financial challenges. Additionally, landlords must verify if tenants have omitted past addresses or submitted multiple applications. Landlords also must crosscheck their payment history for contracts or any outstanding agreements.
Check Medical History
While expats in Dubai typically undergo medical examinations for visa purposes, requesting a medical report adds an extra layer of assurance. This ensures that prospective tenants meet the health standards required for residency.
Conduct Criminal Records Check
Requesting a Rental Good Conduct Certificate from the DLD website or the Dubai REST App is a crucial step. The RGC certificate, introduced by the Rental Dispute Centre, is a valuable tool for checking any recorded rental issues. It also provides information about the tenant’s rental history and behaviour, helping landlords make informed decisions. It also provides the landlords with peace of mind regarding the safety of their property.
Seek Credit Checks in Their Homeland
For expats or tenants from abroad, obtaining a credit check from their home country offers a broader perspective on their financial history. Ensuring that this report can be ordered and delivered online streamlines the verification process.
Observe Social Media Networks
Utilising third-party background checks, including scrutiny of social media profiles, allows landlords to cross-verify information provided by tenants. This step helps ensure the tenant’s public persona aligns with the information provided during the screening process.
Call Ex-Landlords or Get References
Speaking with previous landlords provides valuable insights into the tenant’s behaviour, payment history and adherence to lease agreements. It’s an essential step in gauging the tenant’s suitability for the property based on past experiences. Moreover, here are some more easy ways to screen potential tenants.
Conduct In-Person Interviews
Beyond numerical data, in-person interviews allow landlords to assess the tenant’s personality and communication skills. This evaluation aids in determining the overall suitability of the tenant for the property. Non-verbal cues, tone and body language provide additional information that numerical data may not access.
Get Employment Verification and Income Proof
Verify the tenant’s employment details, including the duration of employment, salary and working days. This step is crucial for ensuring they have the financial capacity to pay rent on time. Requesting proof of income, such as payslips or a signed contract, adds an extra layer of assurance.
Property Inspection and Handover
Perform a comprehensive property inspection in Dubai prior to the tenant’s move-in. Document the condition of each room and any existing damages, if any, through written and photographic evidence. Use a move-in checklist to ensure nothing is overlooked. Also, hand over the property in a clean and habitable condition.
Clarify Maintenance Procedures
Communicate the procedures for reporting maintenance issues or repairs. Provide tenants with a contact person or maintenance team they can reach out to in case of emergencies or routine maintenance needs. This proactive approach contributes to a well-maintained property. Being a tenant if you don’t know who is liable for property maintenance – landlord or tenant – read on.
Familiarise Tenants with Local Regulations
Ensure that your tenants are aware of local regulations and community guidelines. This could also include waste disposal schedules, noise restrictions and any specific RERA tenancy rules. Encourage tenants to abide by these regulations to maintain a harmonious living environment. Moreover, there are certain responsibilities all renters should fulfil. This is why, it is important to know tenant responsibilities in Dubai to avoid any clash and understand the regulation.
Provide Emergency Preparedness Information
Equip tenants with emergency preparedness information, including evacuation procedures, fire safety measures and the location of emergency exits. This information ensures that tenants are well-informed in case of unforeseen circumstances.
Encourage Tenant Insurance
While not mandatory, encourage tenants to consider getting renter’s insurance to protect their personal belongings. This is why it should be added to the landlord’s checklist for moving in a new tenant. Clarify that the landlord’s insurance typically does not cover the tenant’s possessions in case of theft, damage or other unforeseen events.