Tenant Income Verification Forms & Letters

The landlords often ask the tenants to verify their income before renting their property. This action basically secures their rights and property. A landlord is interested in getting the income of the tenant verified because he wants to know if the tenant will be able to pay the rent on time.

What is tenant income verification form?

This form is prepared for verifying the income of the tenant. It is a type of formal correspondence between the landlord and the tenant.

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Verifying the income of the tenant is one of the major parts of the tenant screening process. It is important for a landlord to know about the financial stability of the tenant. Income verification is also important because it helps the landlord know if the occupation of the tenant is legal.

This tenant income verification form is usually used by a prospective tenant who is working as an employee in a company. It can also be used by the landlord to request the tenant to verify the income.

The tenant is required to contact the employer who will verify his employment and the salary.

How to create the tenant income verification? 

This form can be created very easily if you know the exact format. There are 2 sections in the form. One is required to be filled by the tenant and other is to be filled by the employer.

  1. The first section of the form includes the details of the employee and the name of the employer.
  2. The second section of the form is the main section which includes the details about the employee such as his name, job title and the date on which he was employed. It also includes the details about his job such as total average salary per hours, salary per week, overtime rate per hour; shift differential rate, average overtime hours per week, commission and bonuses etc.
  3. At the end, there is a special field in the form which is used for giving the additional remarks.
  4. The form is ended with the signatures of the employer, his name and the date of signing the form.

Preview and Details of Templates

Tenant income verification form

 

Tenant Income Verification Form Template

File: Word (.doc) 2003+ and iPad 
Size 81 Kb | Download

[Personal Use Only]


Tenant income verification letter

 

Tenant Income Verification Letter Template

File: Word (.doc) 2003+ and iPad 
Size 31 Kb | Download