A decade ago a hand shake was good enough to seal the deal in finalizing a tenant for a property. People really were as good as their word. In today's society a hand shake just doesn't make it.
Most landlords are familiar with walking into an apartment or house after a tenant has vacated only to find the premises in shambles, requiring almost total renovation.
Some Landlords have lost income when a tenant breaks a lease and suddenly vacates.
These can be minimized by conducting background checks before renting an apartment, condo, home or commercial space to a prospective tenant.