Renting Information - What renters need to prepare!
Prequalification:
Signing Agreement to Lease:
Move-in Date:
The 2011 rent increase guideline is 0.7 percent.
The 2012 rent increase guideline is 3.1 percent.
The 2013 rent increase guideline is 2.5 percent.
Prequalification:
- Download Your Equifax Credit Report.
- Request For Letter of Employment. It takes time for your HR to prepare.
Signing Agreement to Lease:
- Standard Lease Agreement (Offer) provided by Ontario Real Estate Association(OREA) to be prepared by your Realtor.
- Fill out OREA Rental Application Form per applicant. (Mandatory)
- Within 24 hours upon acceptance of offer, Tenant prepares a "money order/bank draft/certified cheque" payable to Listing Brokerage specified in the Lease agreement.
- Tenants is responsible for booking elevator with property management office and change utilities ownership from landlord to tenants.
Move-in Date:
- Tenants provide 10 post-dated cheques and/or refundable key deposit payable to landlord.
- Tenants provide tenants insurance statement.
- Landlords provide keys to tenants.
The 2011 rent increase guideline is 0.7 percent.
The 2012 rent increase guideline is 3.1 percent.
The 2013 rent increase guideline is 2.5 percent.
