Property Management
The purpose of a rental application in property management is to:
ALegally bind the applicant to rent the unit
BGather information to screen tenants based on legitimate, non-discriminatory criteria✓ Correct
CReplace the lease agreement
DCollect the security deposit before the unit is shown
Explanation
A rental application gathers information such as rental history, employment, and credit to help the landlord/manager evaluate the applicant's suitability based on objective, non-discriminatory criteria.
Related Montana Property Management Questions
- A property management agreement should include:
- Under Montana's Residential Landlord and Tenant Act, the maximum security deposit a landlord may charge for an unfurnished unit is:
- A Montana property manager handling a tenant's security deposit must document any deductions by providing:
- Montana's landlord-tenant law requires landlords to provide rental units that are:
- A property manager in Montana is responsible for managing a commercial strip mall. Their management fee is typically based on:
- An estoppel certificate in a commercial lease context is used to:
- Constructive eviction occurs when:
- A Montana commercial property manager is responsible for a multi-tenant office building. Their management duties include all EXCEPT:
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