PLEASE READ THE FOLLOWING:
BY SUBMITTING THIS AGENT REGISTRATION, YOU HAVE READ, UNDERSTAND, AND AGREE TO THE FOLLOWING:
In accordance with the Fair Credit Reporting Act and its Amendments, the federal law(s) that governs the accuracy, completeness, privacy, and distribution of consumer data, a Tenant’s Consumer Report, be it Credit, Criminal and/or Eviction, may ONLY be used for a Permissible Purpose.
For Real Estate Agents, the Permissible Purpose for using the Tenant’s consumer report(s) is Tenant Screening, also referred to as Rental Screening.
The ONLY recipient of the report(s) Tenant Verify provides can and should be the LISTING AGENT - NOT the Tenant's Showing Agent.
The LISTING AGENT will use the report(s) for the legally permissible purpose, its intended use - a decision on the tenancy.
In keeping with this...
- A Tenant’s Showing Agent CANNOT utilize the report(s) to make a decision on tenancy, thus, in accordance with the FCRA, has no valid need or right to receive the report(s) from Tenant Verify
- As such, a Tenant’s Showing Agent SHOULD NOT be the recipient of report(s)
- A Tenant’s Showing Agent CANNOT receive the report(s) directly from Tenant Verify
- A Tenant's Showing Agent CANNOT receive the report(s) directly from Tenant Verify and then re-distribute the report(s) to any other recipient.
By receiving the report(s) directly from Tenant Verify, (i.e. falsely posing as the End User Listing Agent) and then dispensing the report(s) to another recipient, (agent, landlord, Tenant or any other) the Showing Agent would, by virtue of their actions, be falsely acting as, and holding themselves out as, the End User AND as a Consumer Reporting Agency. In the eyes of federal law, this is considered obtaining consumer information under false pretenses.
NOTICE: THE FCRA PROVIDES THAT ANY PERSON WHO KNOWINGLY AND WILLFULLY OBTAINS INFORMATION ON A CONSUMER FROM A CONSUMER REPORTING AGENCY UNDER FALSE PRETENSES SHALL BE FINED UNDER TITLE 18 OF THE UNITED STATES CODE OR IMPRISONED NOT MORE THAN TWO YEARS, OR BOTH.
YOU HAVE READ, UNDERSTAND AND AGREE TO OUR TERMS OF SERVICE. To read our Terms of Service, please click here: https://www.tenantverify.net/terms.htm
YOU UNDERSTAND AND AGREE that all reports received from Tenant Verify LLC will be used for the sole purpose of tenant screening, pursuant to a rental application.
YOU UNDERSTAND AND AGREE to use all reports in accordance with credit bureau rules and The Fair Credit Reporting Act, 15 U.S.C. § 1681 (“FCRA”) the Federal Government's legislation, which has been enacted to promote the accuracy, fairness, and privacy of consumer information contained within the files of consumer reporting agencies.
YOU UNDERSTAND AND AGREE that it is not permissible to provide a copy of the reports received from Tenant Verify LLC to ANY OTHER RECIPIENT, including the consumer who is the subject of the report(s) or another cooperating broker or agent.
YOU UNDERSTAND AND AGREE to maintain accurate registration details with us. In the event you are no longer employed by, affiliated or associated with the end user brokerage firm under whose company name you are registering today, you will cease and desist from all use of Tenant Verify LLC's services.
YOU UNDERSTAND AND AGREE that Tenant Verify is not able to deliver reports to anyone who is not employed, associated or affiliated with one of our end used brokerage firms. Any change in employment, association or affiliation with the end user brokerage firm under whose company name you are registering today will require amending your registration details to accurately reflect your employment, association or affiliation with another of our end user brokerage firms.