4-26-13

A — April 26 - May 9, 2013 — Owners, Developers & Managers — Mid Atlantic Real Estate Journal

www.marejournal.com

O wners , D evelopers & M anagers

Effective, customer-focused solutions Veritas offers specific tenant background screenings for property owners

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ecently, Congress and many states have enacted laws which

contain material misstate- ments and omissions. Rent- ing to someone without re- viewing their background can be the recipe for disaster. Landlords need more than just data to successfully oper- ate a tenant screening pro- gram. As one of the world’s leading screening providers with a strong focus on tenant screening, we’re specialists at helping organizations of all sizes efficiently imple- ment, manage and control tenant screening programs. We pride ourselves on un- derstanding the complex

screening needs of today’s landlords and strive to pro- vide easy-to-use, streamlined solutions that help organiza- tions work smarter. Veritas delivers effective, customer- focused solutions that pro- vide increased efficiency and faster turnaround times. It is important in today’s competitive market to be able to guarantee a level of protection to our clients, es- pecially with the cost of a bad tenant being so significant. We will provide all clients with a number of background screening options to choose

from in order to provide each client with the maximum level of leasing assurance. Also, we will be able to obtain documentation from neces- sary sources upon request. Veritas is offering specific tenant background screen- ings for property owners. A tenant background check provides criminal history and a credit check with a FICO score. This check will include: social security num- ber verifications, address his- tory, the seven year manual check of New Jersey criminal history, and a comprehensive

nationwide check (includes sex offender/terrorist check). Our credit check scores can- didates and lets you know where they fall in terms of your own needs. Should you decline someone outright? Are there conditions you should consider before rent- ing? Are they a potential tenant with some risk fac- tors? Or is this your ideal candidate based on your ac- ceptance criteria? Our main goal is to make sure, through our reliable and timely ser- vices, property owners have the information needed to make intelligent decisions when selecting tenants. n Capital Comm’l. Real Estate Group inks $1.81m sale Folcroft, PA — Capi- tal Commercial Real Es- tate Group announced the sale of 1528 Elmwood Ave. in Folcroft. Donovan Mackey of Capi- tal Commercial Real Estate Group represented the seller in the transaction, 1528 Elm- wood Associates. The buyer was represented by Fishtown Richmond Realty Com- pany . The Property consists of a 34-unit all one-bedroom apartment building, which was 32% occupied. The Property sold for $53,235 per unit. Donovan said, “The market temperature on this Delaware County Multifam- ily asset was extremely high. Inventory continues to be in high demand.” n McLean, VA — Kettler Management , one of the lead- ing property-management com- panies in the mid-Atlantic, announces that its president, Cindy Clare, CPM , has been elected this year’s Secretary at the National Apartment As- sociation (“NAA”). Clare has served on the NAA Board for five years, holding both appointed and elected po- sitions including board member at large, regional vice president for region 1, legislative chair, communications advisory board chair, and conference commit- tee chair. As conference com- mittee chair, she is planning the association’s 2013 educa- tion conference. n NAA elects Kettler Mgmt.’s Clare as 2013 secretary

protect the rights of appli- cant tenants. These laws especially related to privacy protection and FCRA can re- sult in substantial fines and other penalties if violations occur. At Veritas, we work to ensure compliance is main- tained at every level. VeritasBackgroundScreen- ing provides what our name promises: the TRUTH. Very often your tenants can make or break a growing concern. However, many applications

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