In general, it’s preferable if you can view the property from the rental management company ahead of time. You want the property to meet your needs and your expectations before signing the lease. Some people don’t realize that a lease can legally bind them to remain in the contract. For this reason, there are a couple of things to check with the property management company.
What to Look For in the Property
First, ask yourself if the property looks clean at the outset. In some cases, the house looks dirty right from the get-go, which can be a bad sign because the landlord didn’t even clean it up before showing it. Next, you should see that it remains well maintained, and you want to check to make sure that the property remains well lit.
The Information Needed By a Property Management Company
Typically, with a rental management company in Calgary, you will need to give out some information such as your current address, emergency contacts, pet information, phone number and the names of all potential tenants.
The property management company team will often conduct a background check and look at your credit score; this tells them if they will want to rent to you. Typically, if you have no credit or a low credit score, the rental management company will ask that you have a co-signer who takes on some of the responsibilities if you default.
What Does the Property Management Contract Outline?
What the lease says can become a hassle later on. An eviction by a Calgary property management company can be a huge disappointment and a black mark on your record, acquainting yourself with the terms can help you to negotiate unfavourable terms in advance.
With these things in mind, you can get the best deal on your next lease. Understanding how a contract works will ensure that you know what to do and how to respond to specific things. Becoming a tenant can be intimidating, but it doesn’t have to be.
New Leaf Properties is a group of dedicated professionals with expertise in managing residential properties for over 25 years. We offer a fresh approach to property management for owners and renters.