Wednesday, December 2, 2009

Recommended supporting Docs for a tenant application

TPN's recommendation to all our clients is the collection of supporting documentation prior to entering into a lease agreement:

1. Confirmation of Identity (ID / Passport / Company CIPRO documents)
2. Current Payslip
3. Current utility bill showing proof of address
4. Last 3 months bank statements
5. If lessee is a company / trust: surety signed by directors / trustees
6. Credit checks performed on Company (TPN, Scan on File and Bank Code)
7. Credit Checks performed on Individuals (TPN, TransUnion, Experian, Bank Code)

Note: Bank Code enquiries are recommended on Commercial / Retail or Industrial properties to let, Rentals greater than R12,000 per month of boarder line tenants)

No comments:

Post a Comment