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That Federal law requires that all information acquired during the tenant screening process be properly disposed of within an appropriate time frame, in order to better protect sensitive information? Since 2005 the Fair Credit Reporting Act has required that all information such as credit history, social security numbers, addresses, and credit card numbers be kept only as long as needed and then properly disposed or deleted. Paper copies must be shredded before disposal. Anyone who receives a copy of a consumer report is responsible for protecting that data.
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Nothing found herein should be construed as an attempt to offer or render a legal opinion or otherwise engage in the practice of law. You should not rely solely on this information. We encourage our clients to work with a lawyer experienced in commercial and/or residential real estate matters as they can be complicated and confusing.
