Check would like to update its customers on the following recent developments:
||July 31, 2003
Rent Check responds with NO-COST National Registry
Rent Check is responding to feedback from members with respect to
the establishment of an industry wide rental-history registry. Rent Checks answer to
the number one concern - now members would be supplying information to Rent Check and Rent
Check benefits the most by selling it back to the industry. In that regard, Rent Check
through its IT efforts has enhanced its member supplied data, Program Goldstar
by offering full use of its established National Rental-History Registry (NRHR) system at
no cost. The only requirement is that members report all residents on a regular monthly
basis by electronic transfer of information between Rent Check and the member. Rent Check
has designed several other methods for members to supply information but
the zero-based pricing only applies to electronic transfers.
Other enhancements coming include, the ability to report
commercial tenants, a facility to enter and print termination notices and legal forms for
Ontario and eventually across Canada, the release of ten (10) simple Tenant Rating codes
to expedite rental application adjudication, and a new Tenant Report format all provided
to members at no extra cost.
Rent Check Credit Bureau operations review is
completed for Compliance under Federal Privacy Legislation.
Rent Check Rent Check firstly revised its consent statements
satisfying the legislation, as all licensed national Credit Bureaus were required to do,
by January 1, 2001. Rent Check has now concluded its final revisions to make current its
compliance with Canadian privacy legislation, including the new Personal Information
and Protection of Electronic Documents Act (PIPEDA). This legislation (which is
scheduled to apply to all commercial activities across Canada as of January 1, 2004)
regulates the collection, use and disclosure of personal information in the course of
The compliance review of consent statements on our documents such
as the Residential Rental Application form and the Third Party
Use & Disclosure statement is completed. In advance of the proposed
requirement that all commercial organizations be subject to the new privacy legislation
(PIPEDA), including landlords of all types, by January 1, 2004, Rent Check has taken steps
to provide its members with the compliant language which can be found on our website or by
calling 1.800.661.7312 ext. 227.
Twelve (12) Parties file Appeals - Optimism for
Successful Outcome is High
Twelve parties including Duty Council and Tenant Activist Groups
are seeking to obtain bulk information from The Ontario Rental Housing Tribunal (ORHT)
regarding proceedings before the ORHT. It is cautiously expected that the IPC decision
respecting these appeals will be handed down successfully this fall and requests to the
ORHT will follow. We will keep you informed.
|If we may
be of further assistance or you wish to discuss any aspect of our plans, please do not
hesitate to contact me by telephone at 416.365.7060 / 1.800.661.7312, by fax at 416.365.1987
/ 1.800.871.3380 or by email at email@example.com.
RENT CHECK CREDIT BUREAU
President & CEO
Copyright @ 2003 Rent Check Credit
Bureau. All rights reserved. Privacy.