Top Adding - Real Estate

The Basics

* All applicants over eighteen should fill out and sign and date an application

* All applicants should provide current photo ID such

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

as a drivers license

* Spouses should be considered as separate applicants for the rental process

* Be aware of fair housing and local discrimi

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

ation laws. Do not write on the application or make any notes that could be interpreted as code words or marks used to differentiate protected cla

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

sses.

* Time and date stamp all applications. Process them in the time/date order received to remain objective.

* Be sure that it is signed, tha

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

is where your permission to run a credit check and to check into backgrounds is given by the applicant.

* Have the application signed in your pr

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

esence. Verify the signature against a drivers license.

* Use the same screening criteria for everyone

* Don't accept incomplete applications

V

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

rification

* Check the application signature against the photo ID

* Do a credit check and we suggest you buy the FICO score, the eviction report

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

and the social security check. Any discrepancies or negative reports here are a red flag. Remember, you will have to deal with this person for a

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

ong time. OFAC or screening for terrorists is now mandatory.

* If you are renting a commercial space you may want to consider a business to busin

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

ess report as well as a credit report on the owners.

* Many applicants do not have a social security number or credit history. It will be difficu

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

t to get a credit report without this and you may have a legitimate reason to reject this applicant with no reflection on the character of the app

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

icant, if you require credit reports of all applicants. You may also try to solve this problem by asking for an in-state guarantor.

* Always be a

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

ware of Fair Housing laws as well as your state and local laws.

* Consistency in applying your rules is key to staying within guidelines.

* Veri

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

y employment income using pay stubs and prior tenancy with landlords

* Use the tenant screening checklist available at www.yourpropertypath.com

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

Approval or Rejection

If the applicant(s) are approved you can notify them by phone or letter. Be sure to confirm the rent, the move in date and

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

he security deposit.

Set up a lease signing appointment and be sure to give yourself enough time to go over the house rules and discuss any issue

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

s that may require written addendums prior to the signing. After a properly signed lease is complete, security deposit and first months rent is pa

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

d you may give the keys to the new tenants. Use the lease signing to get to establish a friendly relationship with clear expectations of the respo

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

nsibility and the obligations of the owner/ manager and the new tenants.

If the tenant is rejected a rejection letter may be sent along with the

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

pplicants rights regarding a credit report. Many credit reporting agencies will offer a tenant rejection letter or you can use the one on our site

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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