Which process involves checking a potential tenant's background and creditworthiness?

The process of checking a potential tenant's background and creditworthiness is referred to as tenant referencing. This step is crucial for landlords and property managers as it helps assess the reliability and financial stability of the tenant before entering into a lease agreement. Tenant referencing typically includes verifying the tenant's credit history, rental history, employment status, and sometimes personal references. This thorough evaluation allows the landlord to minimize the risk of future issues, such as rent defaults or property damage, by ensuring they select a tenant who is likely to be responsible and reliable.

In contrast, property inspection involves assessing the physical condition of the property, lease negotiation is about discussing and finalizing the terms of the lease agreement, and tenant eviction pertains to the legal process of removing a tenant from a property, which happens after issues arise. All of these processes play distinct roles in property management but do not specifically focus on the initial assessment of a tenant's background and financial fitness like tenant referencing does.