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

Practice More Montana Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free Montana Quiz →