(NC)—Renting a house or an apartment is an important transaction and knowing your rights and responsibilities is key to making the experience safe, legal and stress-free.
Rules for landlords and tenants are different in every province and territory so it's a good idea to brush up on the laws that affect your living arrangement. Before you rent, decide what you want, learn what the law says and read your lease or rental agreement thoroughly.
Ask these basic questions before you sign on the dotted line –
• How much is the rent?
• Do I have to pay a security deposit and how do I get in back when I move out?
• Does parking cost extra?
• How long is the agreement?
• How do I pay the rent?
• Who can I contact if there is a problem?
The Consumer Measures Committee, a group of federal, provincial and territorial government representatives has prepared a helpful tip sheet on renting and leasing an apartment. You can find it at www.ConsumerInformation.ca . Search for Be Informed About…Landlords and Tenants.
Source: www.newscanada.com
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