Question
Do I really have to disclose all my assets to my apartment complex?
My apartment complex wants me to fill out a form disclosing all my assets -- car, bank accounts, IRA, investment accounts. They claim it is required by the IRS to comply with housing assistance laws. I don't qualify for housing assistance and don't care to apply for it. I am not on a lease nor is this a credit check. I am in Austin, Tx. Is this disclosure actually required by law? If so, can anyone quote chapter and verse? It's not public housing. I explicitly asked if there was any answer I could give that would deny me housing and they said no. I'm also looking for chapter and verse, if it exists, that says I don't have to answer these questions.
5 months ago - 3 answers
Best Answer
Chosen by Asker
The complex you are at is public housing, income based. You have to qualify to live there. Yes, it is illegal for you to live there if you do not qualify, and they can't tell if you qualify without information.
by Landlord
5 months ago
Asker's Rating: 
Other Answers
You don't have to provide anything you are not comfortable with. They don't have to rent to you if they aren't comfortable with you. It is the way a free society works.
by ranger_co_1_75- 5 months ago
Although they are requesting this information, only provide what you are comfortable with. Of course, they are going to use this information to see if you are a reasonable risk to pay on time, so you are going to have to disclose some information.
by godged- 5 months ago