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If you lie about income and can't substantiate with corresponding deposits you could easily get caught in your lie. The deposits going to your bank in no way would a landlord be able to pinpoint how much you make.
If you lie on an application, more than likely the truth will be found out before the lease is signed. Landlords give the applications to potential renters for the sole purpose of following up on them. Lies about previous rentals, addresses and backgrounds will be found out. Criminal history will also be uncovered.
It is not illegal to lie on a rental application unless your signatures under penalty of perjury. It may, however, serve as the basis for an eviction.
And yes — evictions go on your records. As a landlord, catching tenants lying about their rental history is relatively easy. There are many details to keep track of and with some active questioning and checking, it is almost impossible to lie your way through me.
Most landlords will verify your income when you apply for an apartment, but for tax credit properties, income verification is required by law. Generally, assets themselves are not considered for income verification. A landlord may also check your credit before approving your application.
You can verify income manually by requesting documents that show proof of income through a tenant screening company or through a property management service. However, you choose to verify income, tenants should be able to prove that they make at least three times the current monthly rent.
Most landlords will verify your income when you apply for an apartment, but for tax credit properties, income verification is required by law. Generally, assets themselves are not considered for income verification. A landlord may also check your credit before approving your application.
A rental verification helps landlords and property managers to verify the rental history of their applicant. This is done through a background check combined with a phone call verification. Most background checks will provide rental history but that data can be flawed at times due to database errors.
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