Just the Facts: Becoming a Tenant
When you are looking for a place to rent, there are things you need to think about. Some common examples are the location, price, and size of the rental property. You may want to make a list of the things that are important to you.
Some of the choices that you make may have legal implications. If you try to think ahead and understand the law of renting, you may be able to save time and money.
What do you need to keep in mind before you rent?
You should consider and be aware of:
- The Rights that you have as the tenant
- The different types of residential tenancies. There are different legal requirements for the different kinds of Residential Tenancy
- The responsibilities and consequences of Rent (the amount of money you pay the landlord, usually on an agreed upon date)
- The law surrounding security Deposits (usually an amount of money that you give to the landlord at the start of the tenancy, on the understanding that the money will be returned to you if you keep certain conditions)
- The law surrounding Fees (non-refundable payments or financial penalties that are included as terms of the lease)
- The importance of carrying out Inspections and having completed inspection reports. The inspection reports are used to show the condition of the rental property. There are two reports to be completed: one inspection should occur when you move in, and one inspection within a week after you move out
- The Services that are available to help you if you have a dispute with your landlord
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If you are new to Alberta, you will find this brochure describing the landlord and tenant laws in Alberta very informative.