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Rental Property Documentation
Did you make a real lease or just use the offer to lease from TREB? Offer to Lease       Rental Application You have a condo and you want to rent it out.OF COURSE, you would want a tenant that will respect your property, look after the place, be courteous to the neighbors and generally obey all the terms of the lease. You want to avoid a tenant who will rip you off.  Someone who will pay the rent on time.You posted your rental online and asked for; Confirmation of employment Copy of a Credit Bureau   1st and Last Month's Rent 12 post Dated Cheques      [They] show up with a tenant application and an offer to lease.Where is the lease? In the application does it talk about utility deposits, hydro hook ups, access for bell and cable?    Who pays the water bill? Pets? Fur or Fowl  It needs to be stated!  Utilities in a house can be attached to the real property. Interest needs to be paid annually on their deposit. Will there be an insurance endorsement in favor of your lender or the Condo corporation?  Have they received a copy of the Condo Buildings Rules and ... more

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