Screening new tenants isn't fun, but it is important. Our commercial lease application form will help you nail the perfect tenant in no time.
You will want to gun for a business that is going to flourish and continue to rent from you for years and years down the road. Some green lights to watch for: business age (5 years or more is good), business revenue (compared to your asking rent) and business size (fresh startup vs. international brand) - You will find these details and more in our commercial rental application.
For example who would make a better tenant? MacDonalds opening the only fast food restaurant this side of town versus a unknown shop selling never-been-heard products - Not sure about you, but personally I'm placing my bets with MacDonalds.
If the business looks feasible, then it's time to turn your attention to its owner. Screening a business owner is not as straightforward as most people think. Unlike a residential tenant, business owners don't usually have an employment history tagged to a monthly salary. There are no employers or supervisors for you to ring up for references.
That's why it is doubly important that you run a credit check on your applicants with a trusted tenant screening site such as Tenant Verification Service or E-Renter. The credit check will give you a good idea on how much debt the person owes and whether he's been paying his bills on time.
Please fill in this commercial lease application form completely and submit it with any supporting documents (business registration, credit report etc).
BUSINESS INFORMATION
Legal Business Name: ______________________________ Established Since: __________
DBA Name: ______________________________ Number of Employees: _____
Business Type: [ ] Sole Proprietor [ ] Partnership [ ] Corporation [ ] Other
Business Scope: ______________________________ Gross Annual Revenue: $__________
Main Address: _________________________________________________________________
Business Phone: ____________________ Business Email: _________________________
Business Fax: ____________________ Business URL: ______________________________
BUSINESS RENTAL HISTORY
Current Address: _______________________________________________________________
Landlord Name: ______________________________ From/To: ____________________
Landlord / Agent Contact Number: _________________________ Rent: $__________
Reason for Leaving: _____________________________________________________________
OWNER(S) INFORMATION
1. Full Name: ______________________________ Birth Date: _______________
Contact Number: ____________________ Email Address: _________________________
Social Security Number: _______________
Home Address: ________________________________________________________________
2. Full Name: ______________________________ Birth Date: _______________
Contact Number: ____________________ Email Address: _________________________
Social Security Number: _______________
Home Address: ________________________________________________________________
3. Full Name: ______________________________ Birth Date: _______________
Contact Number: ____________________ Email Address: _________________________
Social Security Number: _______________
Home Address: ________________________________________________________________
BANKING REFERENCE
1. Bank Name: ______________________________ Account Number: _______________
Bank Phone: ____________________ Account Type: ____________________
Bank Address: _________________________________________________________________
2. Bank Name: ______________________________ Account Number: _______________
Bank Phone: ____________________ Account Type: ____________________
Bank Address: _________________________________________________________________
I/We declare that all the information above is accurate and complete. I/We understand and agree that if any of the information is found to be false or incomplete, the landlord will have the right to reject this application and terminate the lease agreement with immediate effect.
I/We hereby authorize the landlord to run any credit check on me/us to verify any of the above information with relevant third parties such as landlords, banks, creditors or other persons.
Applicant Signature: ______________________________ Application Date: _______________
Applicant Signature: ______________________________ Application Date: _______________
Applicant Signature: ______________________________ Application Date: _______________