The following addendum explain exactly what information can be collected and who it can be shared with. The first applies when you're submitting a rental application, while the second covers the entire period of your tenancy and afterwards.
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APPLICATIONS, applying to the tenancy; works like a promissory noteÂ
Collecting the application information to determine the creditworthiness of the Tenant
The Applicant(s) agrees to allow the Landlord or related entities or its assignment collection agencies or appointees collecting, to use and disclose personal information about the
Applicant including obtaining a consumer and/or credit report, contacting employers, previous landlords, references, persons identified by them as having relevant information and for enforcing the terms of any tenancy agreement and the rules and regulations made under the agreement and any amounts owing under this application and subsequent tenancy agreement. I/We consent to the disclosure of information concerning my/our fulfillment or nonâfulfillment of the obligations created hereunder and under the Tenancy Agreement to any credit reporting agency, collection agency, or to any other person with whom I/We have or propose to have financial relations in connection with this proposed tenancy and/or the tenancy agreement.
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LEASE TERMS, after they are accepted; for enforcement provisions
Consent & Disclosure - Credit Reporting for during and after tenancy ends
The Tenant(s) herein confirm and grant their consent to the Landlord or their Agent(s) to disclose information in the Tenant's Rental Application and any information arising from the tenancy between the Tenant(s) to any third party for the purpose of providing a consumer/credit report or contributing such information to a database of Tenant(s) which is made available to Landlords or their Agents. This may include disclosure to credit reporting agencies or collection agencies for the purpose of enforcing obligations under the terms of this agreement. This may also include information regarding positive credit information including paying rent on time and meeting financial obligations with the Landlord. The Tenant(s) further grants consent for the Landlord or their Agent(s) to disclose the Tenant(s) credit information to third parties such as mortgagees, potential purchasers, utility providers, accountants, government agencies, financial institutions, insurance providers, telecommunications providers, financial institutions, lenders and prospective lenders as needed from time to time at the Landlords sole discretion.
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