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|Subject: Your first few days in Canada - how you make a lease (es18)|
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Date Posted: Fri, Jun 13 2008, 23:19:54
Signing a lease
Once you agree to rent an apartment or a house, you may be asked to sign a one-year
This legal document of one or two pages describes the rental property, the utilities included and the options, such as parking and storage. It may also state whether pets or more people are allowed.
Most apartments are leased by the year, although some are rented monthly.
You will probably need to pay the first and last month's rent when you sign the lease. If your apartment requires a lease, your landlord will give you the lease form to sign. Read it over carefully before you sign it.
Pay special attention to the parts that state exceptions and additions. You should know which utilities you will pay for and which ones will be paid for by the landlord. Be sure you know what the monthly rent payment includes.
For example, is the electricity included? the water included? the parking included? Also find out whether you have to pay a fee if you leave before the lease term is over.
You cannot usually break a lease agreement. It is also likely you will be asked to provide a Canadian reference or to have a co-signer sign the lease to guarantee your financial commitment.
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