Property Managers, Lanlords and Tenants BEWARE: New requirements by the Fair Credit Reporting Act (FCRA) was signed into law by President Obama in July of 2010. These new requirements have been in effect since July 21, 2011.
This new policy requires the Landlord to provide specific information to the tenant if the Landlord is doing one of the following based on credit:
If such an action is taken, based on the tenant's credit score, then the following information must be provided to the applicant:
For more informatioin about buying, leasiing, selling or property managment, call Premiere Team Real Estate or Premiere Team Management at 512-795-9918
Provided information was taken from many sources such as FCRA, National Tenant Network and other recent articles.
Premiere Team Real Estate has been servicing Austin, Cedar Park, Hutto, Pflugerville, Leander, Round Rock since 1992
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