1. What is personal information?
Personal information is:
(1) information in a consumer report; or
(2) an individual’s first name, initial and last name in combination with any of the following:
(a) birth date;
(b) social security number or other government issued identification number;
(c) mother’s maiden name;
(d) unique biometric data (fingerprint, voice print, retina image);
(e) unique electronic identification number our routing code;
(f) financial institution account or information.
A consumer report is a report related to a person’s credit worthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living prepared by or obtained from an agency that collects such information such as a credit reporting agency.
2. How is personal information collected?
This company obtains personal information in the following ways:
(1) in consumer reports from reporting agencies to which this company subscribes in connection with lease applications, loan applications, or for other reasons that the consumer may authorize this company to obtain;
(2) in lease applications a prospective tenant completes;
(3) in loan applications a borrower or buyer completes;
(4) in other real estate related forms the customer or client completes in or related to a transaction; and
(5) in tax reporting forms that the customer, client or vendor is required to complete and which are given to this company.
When completing the forms required above, the customer or client may send the information to this company by mail, fax, personal delivery, or by e-mail. Customers or clients may occasionally provide personal information to this company or its agents by other means such as telephone calls, fax messages, or e-mail messages in order expedite a transaction in which the customer or client is involved.
3. How and when is the personal information used?
Personal Information from Prospective Tenants: The personal information that prospective tenants provide to this company is never sold to a 3rd party and is primarily used to obtain consumer reports (credit checks). It may also be used to perform background checks, income history and rental history searches.
General information in the consumer reports may be discussed with landlords for whom this company manages property.
This company also reports information to credit reporting agencies and uses personal information to complete those reports. The information may be used as part of an effort to collect a debt if the tenant has a balance due to the landlord or property manager.
Personal Information from Owners of Properties Managed by the Company: When this company acts as a property manager for a property owner, the company never sells this information to a 3rd party and our agents use the property owner’s personal information to: (a) to deliver the required management services; (b) to file any required reports with governmental agencies (for example, the IRS); or (c) for other purposes the property owner may authorize (including collecting a debt).
Personal Information from Vendors of the Company: The personal information that vendors and prospective vendors provide to this company are never sold to a 3rd party, rather they are used to: (a) file any required reports with governmental agencies (for example, the IRS); and/or (b) conduct a background check and obtain consumer reports (credit checks) on the principals of any prospective vendor; and/or (c) share with any attorney, insurance company, court, or other third-party if necessary and related to work performed by the vendor.
Personal Information from Clients: When this company represents a person (buyer, seller, landlord, or tenant) in a transaction the personal information is never sold to a 3rd party, rather the agent servicing the client may, on the client’s behalf and at the client’s instruction, convey personal information he or she provides to the agent to service providers (for example, mortgage lenders and title companies) as those service providers may require for the products or services the client needs or requests. If this company represents a prospective tenant in a lease transaction, the personal information may, on the tenant’s behalf and with the tenant’s knowledge, be discussed with and provided to landlords or their agents. This company and its agents exercise reasonable discretion when discussing any personal information with others.
4. How is the personal information protected?
Written files in this company are rare and if they are used they are kept are protected under lock and key, and are generally temporary in nature. All records are converted in to encrypted electronic records, at which time original documents are shredded.
Electronic records are protected under an access name and password assigned to persons in this company. Electronic records are maintained on individual company password protected computers, as well as third-party services (management software, cloud storage) that have their own unique privacy policies.
This company and its agents exercise reasonable discretion when discussing any personal information with others and releases personal information to others only as described by this policy.
This company does not permit its employees or agents to make copies of consumer reports or records of insurance claims. The consumer reports retained in the company’s files are not to be accessed in the future as a convenience to customers or clients.
The individual agents that work with this company are independent contractors and the agent with whom a customer or client works with may maintain a separate transaction file. The company instructs its agents to not permit other persons to access the personal information in files the agents maintain. The company instructs its agents to protect the personal information in the agents’ files in the same manner as described in this policy.
5. Who has access to the personal information?
The following persons have access to personal information in this company’s files:
(1) the agent or broker who is servicing or coordinating the transaction;
(2) the office manager to whom the agent reports; and
(3) the owner of the company.
Property owners for whom the company manages properties do not have access to personal information in the company’s files. However, the company and its agents may discuss with the property owner in a general manner the information in a tenant’s consumer report or lease application. Copies of such information are provided to the landlord only: (1) with the tenant’s consent; or (2) if the company ceases to be the property manager and the landlord requests that the files be sent to the landlord, the landlord’s attorney, or the new property manager.
Personal information from a buyer, seller, landlord, or tenant may be discussed with others (such as mortgage lenders or prospective landlords) only as is reasonably necessary to negotiate or close the transaction or to provide the services the customer or client seeks from this company.
This company may, at the customer’s or client’s request, provide personal information to service providers in a transaction such as a title company or mortgage company if it is necessary to expedite or complete a transaction.
If the company is required by law to allow others to access the personal information in the company’s files, the company will comply with the law (for example, compliance with court orders, subpoenas, or governmental investigations). The company will also allow law enforcement agencies access to personal information in order to cooperate with such investigations.
Limited personal information, such as names, phone numbers, addresses and email addresses will be shared with other company personnel or 3rd party contractors to but only as needed to facilitate communication or scheduling of appointments.
Personal information may also be shared with debt collectors or other relevant 3rd parties in any attempts to collect monies owed to the company or its clients.
6. How is the personal information disposed?
This company uses reasonable measures to dispose of personal information. Personal information is usually disposed of by shredding or burning documents, erasing electronic files by means that make the files unreadable or undecipherable, or by eradicating personal information from documents or electronic files in ways that make the personal information unreadable. The length of time that files are maintained is dictated by the California Real Estate Commission, the IRS, and other regulatory agencies.
7. Erroneous Records:
If this company erroneously reports information to a consumer reporting agency, the company will act to correct the information in the company’s records and request the reporting agency to correct the information in its records promptly after the company has learned and determined that the report was in error.
If this company maintains an erroneous record that a consumer has issued a dishonored check, the company will promptly delete the record after the company and consumer agree that the information is in error or after the consumer provides the company with a law enforcement agency report stating that the dishonored check was not authorized.
Notice: This Company asks any person who provides personal information to this company or one of its agents to identify the information at that time as “personal information.”
8. Rental Decisions:
This companies complies with all Fair Housing laws and regulations. Prospects are scored and selected based on how they compare to our current or property rental requirements.