LandlordEzy: Complete Platform Overview Guide
LandlordEzy is a social platform and all-in-one property management software primarily designed to facilitate collaboration and transparency between landlords and tenants, with a strong focus on the rental market in Ontario, Canada.
Here are some of its key features and aspects:
- Social Platform & Mission: It aims to create a cooperative environment for sharing information related to rental properties. It provides a space for landlords and tenants to share experiences, insights, and legal outcomes.
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Tenant Screening:
- AI Screening & Credit Check: Offers a comprehensive evaluation of a tenant's financial responsibility and creditworthiness using Equifax data and AI-powered risk assessment. Landlords can receive a full report, a "Trust Factor Score," and an affordability check. This is often available at no cost to the landlord (paid by the tenant).
- Landlord Handshake: This is a feature designed to create a trusted network of Canadian landlords to securely share and verify a tenant's previous rental history. It allows for direct landlord-to-landlord communication to discuss payment, eviction history, and property care.
- LTB Orders: The platform allows users to post and search official orders and decisions from the Landlord and Tenant Board (LTB) to inform others about legal outcomes and precedents. The system cross-references these orders in its screening process.
- AI Screening & Credit Check: Offers a comprehensive evaluation of a tenant's financial responsibility and creditworthiness using Equifax data and AI-powered risk assessment. Landlords can receive a full report, a "Trust Factor Score," and an affordability check. This is often available at no cost to the landlord (paid by the tenant).
- Property Management Tools: It offers a suite of software tools to streamline the rental business:
- Rent Reporting: Landlords can report tenant rent payments to Equifax monthly, which can help tenants build credit or flag late payments.
- E-Lease Signing: Allows for the digital creation, sending, and signing of leases, including the Ontario Digital Standard Lease.
- Tenant Management: Includes profiles with contact info, rent history, arrears tracking, receipts, and a notes section.
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Maintenance Management: A system for tenants to submit requests and for landlords to assign and track work orders.
- Expense Tracking, Inspections, and File Storage.
- Rent Reporting: Landlords can report tenant rent payments to Equifax monthly, which can help tenants build credit or flag late payments.
In summary, it functions as both a community information exchange and a comprehensive tool for screening tenants and managing rental properties, with a notable focus on leveraging LTB orders and direct landlord-to-landlord verification.