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This adverse action was taken due to incomplete, inaccurate, or false information contained within the rental application. Sincerely,The Adverse Action Notice is a requirement of the Fair Credit Reporting Act (FCRA) if you, the property manager, use any tenant screening reports to decline An adverse action letter is required if you're rejecting tenant applicants due to their credit reports. Get your free template here. A tenant rejection letter is a formal document given by a landlord to a person that applied to rent an apartment, home, or other residential property to