General Question

AshlynM's avatar

How to go about screening a potential tenant for my rental property?

Asked by AshlynM (10102points) March 14th, 2011

Should I charge them an application fee? Should it be non refundable?

I’m in the state of Nevada. Does Nevada tenant laws require me to put the security deposit in an interest bearing account? I’m probably required to pay the tenant interest on their deposit, right?

Can I type up the lease agreement contract in Word? Is a lawyer required?

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4 Answers

perspicacious's avatar

You can get all of your information by searching for Nevada landlord/tenant law and/or Nevada landlord association. You need to insure the info you receive is dependable. So best you find it yourself. I would have to charge you if I did the research for you.

marinelife's avatar

You can charge a fee (non-refundable) to run a credit check and/or background check.

Here is the law in Nevada.

YARNLADY's avatar

I’m going out on a limb here and suggest that you hire a property management agency. With the lack of knowledge and experience your question indicates, you are asking for a lot of headaches and heartaches.

Judi's avatar

Find your local Apartment Association or Rental owners association. Even if you only have one rental it is worth the small anual fee.
Not only will they be able to make sure you do everything in compliance with local laws, they will have all the proper forms.
I have been in the apartment business in California for 20 years and don’t know how I could have learned so much without them. Even though they might call themselves an “Apartment Association,” the majority of Their members are small owners with less than 3 rental units.

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