Find out everything you need to know about rental applications. Learn about required information, consent for consumer reports, and the significance of the Fair Credit Reporting Act (FCRA) Disclosure.

A commercial rental lease application is filled out by a prospective tenant and then reviewed by a landlord to confirm the business’s income and liabilities. An application fee may be charged to cover the cost of conducting a credit check. The applicant might also need past tax returns and bank statements to demonstrate the business’s revenue and profit.