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Bangalore police is not accepting tenant verification due to overflow of immigrant into city. Police advise us to execute rental agreement with lawyer notary and collect government approved ID proofs like aadhaar/passport/driving licence.Do your own background check like visiting your tenant's social media page and employment check from institution & organisation.If you are not satisfied with self verification and avoid letting your property to criminals, you can proceed with police clearance certificate. This certificate describes criminal records of your tenant if any. This is the substitute mode of verifying your tenant in Bangalore.Its 7 step process to get police clearance certificate,Step 1 : Download the application form Police verification form.pdf This is the latest application form use by verification department. We didn’t find this form on-line as on 14th June 2018. Hence i purchased from Bangalore one store and uploaded for your convenient. Available at Bangalore one store at the cost of Rs.10/ApplicationStep 2: Fill the application form, you have to select the serial number (SL.No).13. (For business purpose). Fill other required details and affix passport size photo.Step 3: Execute rental agreement with lawyer notary. For your convenience, we uploaded standard rental draft agreement for Bangalore location. Please utilize the draft if required Mock Agreement.docx . Once agreement executed, notarize the agreement by legal lawyer.Step 4: Set the documents of application form + rental agreement with lawyer notary + Any of the government id proofs like Aadhaar/ passport/Driving licence. Please set only photo copy and not original. However you should carry original for cross verification while submitting the application.Step 4: Pay verification fee of Rs.200 + Rs.5 (Convenience fee) at Karnataka One Take the printout of receipt and attach with application form.Step 5: Submit the application at counter no. 2 of Police commissioner office in Bangalore.There are multiple counter available for different verification. Hence i request you to visit counter no. 2. This counter is located just right hand side once after entering main gate. Help desk available at this counter with polite and responsive staff. Huge waiting hall with airport chairs are available to sit. Here is the location of police commissioner office Google Maps . Public parking is not available inside the premise, however space available to park just outside the back gate. No parking fee.Application has to submit only at commissioner office, Local police station wont accept this application.Step 6: Receive acknowledgement receipt on the submission of application. Acknowledgment looks like below,Step 7: Police check record and certify the applicant. This certificate looks like below image. This is the most tedious and time consuming step as it will take at least a month time to receive this certificate from date of application submission. I wish, department could create a system to track status on-line. As of now, individual has to visit the commissioner office physically and inquire the status of application.You are done once you receive verification/clerance certificate.Please be noted: Only commissioner office of Bangalore is authorized to collect verification form and transaction. Local police station is not supposed to collect verification form and do any kind of financial transaction.Please reach us if my description is not understandable. We are happy to guide you and we don’t charge for consulting us. Write to [email protected] or whatsapp +91–9742479020.For the people, who have geographical constrain or busy at your office work. Please reach us, we offer the service of tenant verification + drafting rental agreement + rental agreement + lawyer notary + documents delivered at home (Globally).Write to us: [email protected] or whatsapp +91–9742479020.Thank you for reading…

Getting tenant police verification is not hassle-free in Bangalore. It's bit of hassle due to lack of technology growth in verification sector.Technology has been developing across sections from milk distribution to buying real-estate property but sadly we don’t have end to end on-line police verification platform in Bangalore, Its completely off-line process, time-consuming and tiresome.Here is the 7 step process to complete police verification in Bangalore.Step 1 : Download the application form Police verification form.pdf This is the latest application form use by verification department. We didn’t find this form on-line as on 14th June 2018. Hence I purchased from Bangalore one store and uploaded it for your convenience. Available at Bangalore one store at the cost of Rs.10 perApplicationStep 2: Fill the application form, you have to select the serial number (SL.No).13. (For business purpose). Fill other required details and affix passport size photo.Step 3: Execute rental agreement with lawyer notary. For your convenience, we uploaded standard rental draft agreement for Bangalore location. Please utilize the draft if required Mock Agreement.docx . Once agreement executed, notarize the agreement by notary lawyer.Step 4: Set the documents of application form + rental agreement with lawyer notary + Any of the government id proofs like Aadhaar/ passport/Driving licence. Please set only photocopy and not original. However you should carry original for cross verification while submitting the application.Step 4: Pay verification fee of Rs.200 + Rs.5 (Convenience fee) at Karnataka One Take the printout of receipt and attach with application form.Step 5: Submit the application at counter no. 2 of Police commissioner office in Bangalore.There are multiple counter available for different verification. Hence I request you to visit counter no. 2. This counter is located just right-hand side once after entering main gate. Help desk available at this counter with polite and responsive staff. Huge waiting hall with airport chairs are available to sit. Here is the location of police commissioner office Google Maps . Public parking is not available inside the premise, however space available to park just outside the back gate. No parking fee.Application has to submit only at commissioner office, Local police station is not authorized to process verification process hence stop submitting your application at local police station in Bangalore.Step 6: Receive acknowledgement receipt on the submission of application. Acknowledgment looks like below,Step 7: Police check record and certify the applicant. This certificate looks like below image. This is the most tedious and time-consuming step as it will take at least a month time to receive this certificate from date of application submission. I wish, department could create a system to track status online. As of now, individual has to visit the commissioner office physically and inquire the status of application.You are done once you receive verification/clearance certificate.Please write to us if my description is not understandable. We are happy to guide you and we don’t charge for consulting us. Write to [email protected] or Whatsapp +91–9742479020.For the people, who have geographical constrain or busy at your office work. Please write to us, we offer the service of tenant verification + drafting rental agreement + rental agreement + lawyer notary + documents delivered at home (Globally).Write to us: [email protected] or Whatsapp +91–9742479020.Thank you for reading…

Landlords, particularly large corporate real estate investment companies, are holding out for unicorns — mainly to improve property value for their lenders or to a buyer.(image: Louis Vuitton — they want their property to look like this)(image: a TV prop liquor store — they do not want this)They are hoping for a chain store, hopefully a high class one with Triple-A credit signing a 10–20 year lease that will take good care of the facilities, spend lots of money on improvements, attracts desirable customers, and does not bring noise, disruption, smells, crime, insurance risks, or vermin to the building. It’s worth going without rent for a year or two if you can land a CVS drugstore or Starbucks or Louis Vuitton.You know what’s worse than having an empty building? Having a bad tenant. One that stops paying but takes a year to evict. Or one that causes a fire, or flood, or cockroach infestation.Banks are a primary culprit here. Most real estate is purchased on credit. Lenders, when approving loans and setting interest rates, look at the “rent rolls” — how much gross rent the property is collecting per month — to make sure the borrower is able to service the loan, and by extension, how much money they are willing to lend. They apply a “vacancy factor” to account for the possibility that a tenant will leave and the landlord will have to pay a broker to find a new tenant, and have a period without rent. The vacancy factor, and overall loan score, will be a lot better if there is a long-term lease from a national credit-rated tenant. A buyer, when deciding how much money to offer for a building, will in turn think through how much of a loan the building will support.In fact, there is a form of flipping where a buyer offers a low price for a building that is vacant or has mostly month-to-month commercial tenants, clears out the old businesses, rents to a chain at a higher rate, and then quickly resells the building for more money to a real estate investment company.Around 2002 I was looking to invest about $2 million into a commercial property. My realtor gleefully showed me a bunch of freestanding buildings in strip malls throughout California, these are crappy buildings without much to them but offer very good “cash on cash” rent relative to the purchase price. One of the buildings he showed me was 100% occupied by a… wait for it…(image: Blockbuster Video!)Yes, there was about 12 years left on a 20 year lease, with two ten year extension options. Rent was solid, and Blockbuster’s owners, Viacom, had great credit and paid rent consistently on time. It was a turnkey operation, I didn’t need a property manager, I could just collect my money and visit once a year to make sure it was still there. I’d be set for life, or at least until late middle age.By 2002 it was clear that video rentals were not a stable industry, so I politely declined. Viacom divested itself of Blockbuster in 2004 and the company has since shut down all of its stores. If I had bought this building I would have a vacant unimproved building in a small town strip mall, I’d be lucky to find a pawn shop or discount store to pay 40% lower rent. A lease doesn’t do you any good if the tenant is bankrupt.