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John A.
John A.
Bradbury, SA
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What kind of checks would a Commercial Real estate need to do in regard to leasing a property to a tenant on behalf of a client landlord?

2 weeks ago

Responses

Hello John,
Commercial tenants are typically vetted via a formal application which should reveal the following information to the agent:

1.100 point I.D. Check
2.Financial and trading history
3.ABN or ASIC searches on the business registrations and company status
4.At least 2 years tax returns personal and business
5.Previous rental history
6.Proof of assets ownership or bank statements
7.Trading partners creditor references
8.Refererence from accountant about business history/trading

This would be the minimum requirement.

Hope this helps.Regards,John.

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