Towers Realty Group requires our applicants meet minimum requirements for approval. We are hired to manage properties on behalf of property owners, and have a responsibility to ensure that we do our due diligence in approving applicants. Our minimum standards are set to ensure that all applicants we approve will be tenants in good standing once taking up residence in their new home.
The approval process consists of:
- An Equifax credit check;
- A review of the applicants rental history on file with the Residential Tenancies Branch and the Manitoba Court of Queen’s Bench;
- A reference check with previous landlords;
- Verification of an applicants income.
Towers Realty Group recommends that an applicant not allocate more than 35% of their total gross income to rent at any of our properties. Exceptions can be made on a case-by-case basis, and all additional forms of income may be taken into account when determining your household percentage of income to rent ratio.
