ROCKVILLE, Md., August 31, 2006 – First Advantage SafeRent, the nation’s leading and most innovative provider of screening and risk management services for the multifamily industry, has expanded its RegistryTLCSM product line to give property managers even more ways to increase renters insurance participation and to minimize the financial impact of resident-caused property damage.

Now available is the RegistryTLC Community Blanket Program, which consists of two policies that work together with minimal involvement from the leasing team: the Community Blanket Policy and Renters Insurance Select. Key features of each policy include:

COMMUNITY BLANKET POLICY

• A unique form of property insurance that provides the apartment community with coverage for resident-caused loss due to specified perils
• Covers all occupied units for 100% participation
• Allows property managers to select covered perils and damage limits on a community-by-community basis

RENTERS INSURANCE SELECT

• A full HO-4 renters insurance policy that provides liability and contents coverage to residents
• Residents may select from a menu of available coverages, limits, and payment plans
• Resident enrollment and payment are handled through a secure website, without leasing staff intervention
• All residents accepted by the community are automatically approved for this program

The Community Blanket Program complements RegistryTLC’s existing renters insurance policy, Renters Advantage. With Renters Advantage, the process is simple – with minimal leasing team involvement, clients are positioned for 100 percent resident participation. The policy, in most states, names the property owner as the primary insured and pays claims directly to the owner. Launched in mid-2003, Renters Advantage has experienced incredible market success and has driven high insurance participation for covered communities. In fact, half of the properties using Renters Advantage reach 50 percent renters insurance participation within 12 months of implementation. This is well above the industry average of less than 20 percent participation.

The success of Renters Advantage is due to First Advantage SafeRent’s one-of-a-kind implementation and support program. The new Community Blanket Program policies include the same support features, ensuring that these policies will also drive industry-leading renters insurance participation rates. Support features include:

• A licensed First Advantage SafeRent sales team to provide follow up at the community level
• Resident-oriented brochures, Website and fact sheets
• Education materials and on-site training for leasing and maintenance teams
• Outstanding customer and resident service nationwide
• Account management support, including marketing plans, results monitoring and executive reviews
• Integration with First Advantage SafeRent resident screening products and Realeum property management software

“With our new renters insurance policies, property owners now have the flexibility to consider the distinctive needs of each community and select a RegistryTLC program, coverages and limits by property,” said Nevel DeHart, executive vice president of First Advantage SafeRent. “First Advantage SafeRent’s sales and account management team helps property owners select the best program for each property based on key factors such as loss history, market conditions, resident profile, desired level of leasing team involvement and preferred resident payment process. RegistryTLC is the only renters insurance program that offers demonstrable participation improvements that help lower damage repair costs, save time and improve profitability.”

About First Advantage SafeRent
First Advantage SafeRent, a wholly-owned subsidiary of First Advantage Corporation, is the nation’s leading and most innovative provider of screening and risk management services to the multifamily housing industry. Through its offices in Rockville, Md., and more than 40 support offices nationwide, First Advantage SafeRent offers a single source for resident screening services, property performance evaluation tools, renters insurance and employment screening. More than 39,000 properties rely on First Advantage SafeRent every day to help them attain the highest quality residents and maximize profitability. First Advantage SafeRent leads the industry in innovations and enhancements designed to make the decision process faster, easier and more accurate. For more information, visit www.FADVSafeRent.com.

About First Advantage Corporation
First Advantage Corporation (NASDAQ: FADV) combines industry expertise with information to create products and services that organizations worldwide use to make smarter business decisions. First Advantage is a leading provider of business credit information in the transportation industry; consumer credit information in the mortgage, automotive and subprime markets; motor vehicle record reports; supply chain security consulting; employment background verifications; occupational health services; applicant tracking systems; recruiting solutions; skills assessments; business tax consulting services; insurance fraud, corporate and litigation investigations; surveillance; computer forensics; electronic discovery; data recovery; due diligence reporting; resident screening; property management software; renters insurance and consumer location services. First Advantage ranks among the top three companies in all of its major business lines. First Advantage is headquartered in St. Petersburg, Fla., and has more than 3,800 employees in offices throughout the United States and abroad. More information about First Advantage can be found at www.FADV.com.

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FOR MORE INFORMATION CONTACT:


First Advantage SafeRent
marketing@FADVSafeRent.com
800-385-6165, extension 5589





Renee Svec
First Advantage Corporation
727.214.3411, ext. 5212
rsvec@FADV.com