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What to Look for When Signing a Lease
Before you sign a lease, here are some "Do's and Don'ts" to consider:
Do:
Read it. Understand the lease before you sign and make sure it states the following information:
Names and addresses
- your name (and those of your roommates, if you have them, with a place for each of you to sign)
- the name, address and telephone number of the landlord or building manager
- a description of the unit, house (or portion of the house) and a description of access to any adjoining areas (a balcony, porch or yard, for example)
Rent and lease terms
- the monthly rent and its due date
- the dates the lease begins and ends
- lease renewal rules
- subletting rules (this is important if you must sign a 12-month lease and want to sublet after the school year ends)
- rules for raising the rent (you can confirm these with your provincial rental board, tribunal or agency)
Deposit details
- what deposits are being made
- when, and under what conditions, a deposit will be returned and how much interest you will be paid
- (do your homework - confirm with your provincial rental board, tribunal or agency)
What the rent covers
- what utilities are included in the rent
- what appliances are included in the rent
- what specific parking space is included with the rent (ask to see it beforehand)
- the cost of parking if it isn't included in the rent
Maintenance and repairs
- your responsibilities for maintenance and conduct
- dates for promised repairs and improvements
- how and when you can terminate the lease and how much notice is required
- when the landlord or manager can enter your apartment (for repairs, for example) and with how much notice
- landlord's responsibility for maintenance and pest control
Other considerations
- whether you can add locks (especially if the locks are not deadbolts) if keys are provided to the landlord
- permission for any pets
- conditions for painting, hanging pictures and other decoration.
- Finally, be sure to keep a copy of your lease.