Property managers and landlords can access a score assessing a prospective tenant’s potential risk. Tenancy Information New Zealand (TINZ) has launched a Tenancy Risk Score, which ranks individuals and companies from 0 to 1,000.

A good score is 600-1,000 and a poor score is 500 or below. The average score across the database is 630.

The Tenancy Risk Score pulls information from sources such as credit reporting agency illion (formerly Dun & Bradstreet), Ministry of Justice Tenancy Tribunal orders, debt collectors, Land Transport New Zealand driver’s licence information, home ownership records and the Personal Property & Securities Register. It creates the score based on an individual or company’s history and behaviour, giving landlords and property managers a quick and easily understandable overview of the potential risk of letting a property.

Landlords and property managers can access the Tenancy Risk Score at www.TINZ.nz.

Read the original source article

Stay tuned for the latest property news summaries and information, sent to your inbox fortnightly Sign up now

Share Post