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We’ve all heard of that one friend (or friend’s friend) who’s encountered a downright nightmarish rental situation. When this happens, you’ll have to choose between the lesser of the two evils - staying there and sucking it up, or terminating your tenancy agreement early (which could lead to some pretty hefty penalties). To make sure you limit your chances of running into unforeseen problems as a tenant, check out our rental viewing checklist that contains all the important information you should take note of when viewing your potential home. Make sure you inspect the apartment like a hawk during your viewing (and don’t be afraid to ask for multiple viewings if necessary), so that you don’t get any nasty surprises down the road!
Investing the time to inspect the common area around the unit, and the condo/apartment grounds is worth your while as you should know what’s going on around you.
Essential for daily living, looking out for these features has an impact on your quality of life at the premise.
You’ll be spending a fair amount of time at home. Is the condition of the premise something you’ll be happy coming home to every day?
It’s highly advisable to be absolutely clear on money issues with the landlord before committing to a lease.
Other than the rent, are there any other bills or maintenance fees that you need to pay? How much deposit is required? In which circumstances will the deposit be forfeited? How long does the lease agreement run for? At which point can the landlord increase the rent, and by how much?
Miscellaneous points to bring up to ensure your well-being as a tenant.
You’ll want to make sure that you have all these covered before making the decision whether or not to rent the premise; depending on how watertight your contract is, it’ll be hard getting out of it once you sign on the dotted line!