When considering renting a property, you should call the agent to make a time to inspect the property. We recommend meeting at the office. This avoids confusion or waiting at the wrong house. When inspecting a property you will need to consider: Do you have certain pre-requisites? Number of rooms is an obvious one, but what about phone points, air-conditioning, hot and cold water, size of yard, fencing, are pets allowed? etc.

To buy or to rent ... is that the question? Compare the cost of owning to the cost of renting. Use any payment schedule (supplied by Glossary Item mortgage companies or banks) to determine monthly payments for purchasing a home. Don't forget to compare the price appreciation vs the rent increase over the length of time you will own the home. For instance, if your rent will increase by 25%, a comparable price increase to a $150,000 home would be $37,000.

 

A Glossary Item landlord must tell existing or prospective tenants that a property is on the market. A landlord then has the right to bring buyers through, subject to reasonable conditions placed on that access by the tenant. Landlords and tenants need to work out what will suit them both. Any agents contracted to sell the property must stick to those arrangements.

 

First: Sign a Tenancy Agreement. All new tenancies must have a written Tenancy Agreement. The Glossary Item landlord must provide a Tenancy Agreement that sets out the particular conditions that have been agreed to. Both landlord and tenant sign it and the landlord must give the tenant a copy before the tenancy begins. Care should be taken by both landlord and tenant in the discussions leading up to an agreement.

Getting your first apartment is exhilarating. That empty space is full of promise and prospects for shopping. Let your imagination wander. Depending on your shopping personality, it is easy either to get carried away and blow your money on nonessential (but gratifying) items; or to tremble at the thought of spending your hard-earned income on expensive furniture.

 

Studio-living is a unique experience. It offers the convenience of walking from one living space to another by simply moving around one or two rooms. Such easy access can, of course, be both a blessing and a headache. On one hand, tidying up and putting items away becomes a quick chore. And preparing a snack during your favorite television program is easily accomplished.

 

As a tenant your responsibilities include: Reporting any maintenance issues with the property. Paying for all damages you cause. NOT making alterations to the property. Maintaining the landscaping as provided in your Glossary Item lease. Taking care not to cause damage to the property. Respecting your neighbors Glossary Item quiet enjoyment of their property. Adhering to the terms of your lease. For example; by not smoking in a non-smoking house or by not having pets in a house that states in the lease no pets allowed.

The Tenant Screening Process: All applicants must be over the age of 18. Each occupant over the age of 18 must complete an application. For married couples each person must fill out an application form. We will request information to verify employment and employment history. All applicants must provide at least two sources of identification including one piece of photo identification.

Quick Document Access

As a property owner receiving management services from CornerStone, you will have immediate and complete access to all the paperwork relating to your property at your fingertips when you login to your account.

Print, review, download or browse all information from the very start of our signed contract.

 

Glossary Terms

Jun.26 Staging
Home staging is the act of preparing a private residence for sale in the real esta...
Jun.25 Rent Control
Laws that limit the amount of rent landlords may charge, and that state when and b...
Jun.25 HOA
Acronym for Home Owners Association. Its an organization comprising neighbors conc...
Jun.25 Gated Community
A neighborhood or group of neighborhoods, usually surrounded by masonary walls, re...
Jun.25 Dispossess
To oust from land by legal process.