Landlord/Tenant Screening Services
K-LAK Corporation understands that clients need to make the most informed screening decisions, and that property managers and owners must choose from different screening providers.We use rental payment data and credit report information in the screening process to deliver the most accurate prediction of an applicant’s likelihood to default on a rental lease agreement. The credit reporting data includes information on past payment behavior from an applicant’s credit obligations, such as credit cards, auto loans, and mortgages.
For additional reports, contact your K-LAK Representative
Credit Reporting Services
K-LAK Corporation knows that a credit search on any applicant can go back as far as when the applicant first established credit and works with clients to ensure that the most accurate assessment is available for a tenants credit history.
Derogatory credit will stay on the credit file for approximately 7 years. State liens will stay on the credit file until it is paid in full. Bankruptcies will stay on the credit file between 7 and 10 years depending on chapter filed type. Our experience in working with credit reporting agencies ensures that our clients know about their credit history and how to correct errors.
K-LAK Corporation can assist landlords with determining whether an applicant has been evicted from a prior rental property. We provide access to credit reports modified to only release eviction court data. If the applicant was evicted from a rental property or commercial property by the landlord or property owner the User can obtain this information often instantly or within 48 hours.
Eviction and Criminal Checks
Eviction and Criminal Checks are a combined searches that include landlord/tenant court eviction and a criminal background checks.
Please be advised that K-LAK Corporation is a Fair Credit Reporting Act (FCRA) compliant company, therefore Background Data will not provide any data deemed a non-conviction record older than 7-years.
K-LAK Corporation provides property management services. If a tenant fails to remit payment by the end of the month, we will assist the owner in filing the necessary court documents with the appropriate court.
If a tenant owes money for rent or damages and vacates a property that K-LAK Corporation manages, K-LAK Corporation will file a debt action on behalf of the owner for money due from the tenant.
K-LAK Corporation provides landlords Bankruptcy reports offered on a national level throughout the United States at the Federal Bankruptcy Court where Chapter 7, 11, 12, and 13 bankruptcies are filed.
Typical bankruptcy case information yielded includes:
Some states have more than one bankruptcy court and K-LAK Corporation works with the courts and the landlord to obtain all information available about a tenant applicant’s bankruptcy status.