FAQ: How much does it cost to use Tenalet?
There is no cost to sign up and create a Tenalet account. As a landlord/agent using Tenalet is free, you get a free online rental application form. However, if you want to screen a tenant for income and obtain their credit report, you have to pay a fee, depending on whether you or the applicant pays it.
Let's break it down:
- The standard rental application is free
- Income verification report costs #4,950
- Credit report costs #4,950
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FAQ: When do I use Tenalet?
You use Tenalet after you've: a. Found a property you want to rent b. Spoken with the agent or landlord c. Received an application link from them d. Tenalet is used to apply and get screened for a specific property.
Intro to Tenalet for tenants
Tenalet is an online rental application platform that includes tenant screening. Instead of the traditional way of using paper forms, Tenalet provides you with the online tools to fill out your applications, verify your income, automate your rent, ...
FAQ: Why am I required to pay for screening?
The screening fee covers the cost of your income verification report and credit report, which will be included before your application. Income Verification Report: Confirms your financial ability to pay rent. Tenalet partners with Mono, an open ...
FAQ: Why can’t I use only a credit report and score to screen an applicant?
When creating your application link, Tenalet provides comprehensive screening. This equips you with a complete financial profile of each applicant. Knowing how much an applicant owes(their debt) is not enough. Knowing how much they earn(their income) ...
FAQ: Does Tenalet help me find properties to rent?
No, Tenalet is not a property listing platform. You should already have found a property and spoken with the agent/landlord before using Tenalet. The platform is used by agents and landlords to vet applicants for properties they already manage