Things To Avoid When Completing A Texas Association of Realtors (“TAR”) Lease Application

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Things To Avoid When Completing A Texas Association of Realtors (“TAR”) Lease Application

Texas Association of Realtors Lease Application

Texas Association of Realtors Lease Application

When it comes time for you to complete the Texas Association of Realtors (“TAR”) Lease Application there are a number of things that you need to insure that you enter correctly. This 4 page contract is legally binding so it is vital that you understand and complete the document correctly. Below are four common mistakes that you want to avoid.

1 – Incorrect Social Security Number

I know it sounds crazy but you would not believe the number of applicants that give incorrect social security numbers and that causes the application processing to be delayed. If for some reason you are unable to remember your social security number than either write it down or bring your social security card with you.

2 – Giving Too Much Information

Only give out the information that is asked for. The Texas Association of Realtors (“TAR”) Lease Application gives us all the information that we need to do a background check. We don’t need bank account numbers or account balances. That’s too much information and you shouldn’t provide it to anyone.
If your realtor is asking you for information that you feel is more than is needed to complete the application then ask them why they need this additional information and if you are not happy with the explanation then you may want to look for another realtor.

3 – Leasing Too Much Home.

Just like when you are looking to purchase a house, your realtor will review the rental lease application you submit and determine whether you can afford the apartment using the same criteria they use in the mortgage industry. If the lease amount is higher than a certain percent of your income, anywhere from 33 to 40 percent, they may deny your application for failure to meet minimum income requirements. Remember that you will have to pay a lease application fee of between $30 – $50 per applicant.

4 – Not Getting Enough Feedback From Your Realtor

Your realtor will use the lease application fee they collect with your Texas Association of Realtors (“TAR”) Lease Application to do a criminal background check and run your credit report. They’re going to see a lot of your history, and make judgments about your ability to pay rent and be a good tenant. If they find something in your criminal or credit history that’s suspect, they may advise the home owner to deny your application for a lease.
Remember that you will need to clear up any potential issues by providing an explanation with your Texas Association of Realtors (“TAR”) Lease Application. Write a letter on a separate sheet of paper, that you can submit with any application. In the space provided on the application, simply write “See Attached” and attach the letter to it.


We are Frisco, TX home specialists. If you have any questions about real estate in Frisco, or any neighboring DFW communities, please fill out our contact form, or call 469-556-2393 for assistance.

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Nick Walton
JP And Associates REALTORS
469-556-2393
Nick@NickWaltonRealtor.com

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