Found 5 blog entries tagged as tenants.

Building a successful landlord-tenant relationship is crucial for a smooth rental experience. Both parties benefit from clear communication, mutual respect, and understanding. In this article, we'll provide valuable tips to help foster a harmonious relationship between landlords and tenants.

Clear Communication:

Effective communication is the foundation of any successful relationship. Establish open lines of communication from the beginning. Encourage tenants to reach out with any concerns or questions. Respond promptly and address issues in a professional and respectful manner.

Written Agreements:

Draft comprehensive lease agreements that clearly outline the rights and responsibilities of both parties. Include rent amount, due date, lease…

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In today’s real estate market, ensuring you have the right team of professionals supporting you on your buying or selling journey is essential to your success. This includes when navigating the complex waters of commercial real estate.

Who are commercial REALTORS®?

Commercial REALTORS® are critical players in the purchase and sale of commercial buildings or land. When you’re looking for someone to help you on your search, keep an eye out for the Canadian Commercial Network logo. This signifies the REALTOR® meets national criteria to be recognized as a commercial REALTOR®. Your commercial REALTOR® may also have one or more of these designations: 

  • AACI – Accredited Appraiser Canadian Institute
  • ALC – Accredited Land Consultant

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If you’re starting a business and need commercial space or if you’ve outgrown the space you are in, then it’s critical that you consider several factors before you sign your lease.

Key Lease Clauses

First of all, give careful thought to how long you think the new premises will meet your business needs. You don’t want to be saddled with a lease that’s too long if you think you’ll need more space in a few years. For the same token, you don’t want a lease that is too short because once it has expired, the landlord is under no obligation to renew it. Pay careful attention as well to any clauses relating to extending or renewing the lease beyond the initial term.

Also look for a lease that allows you to sublease or assign…

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There’s no doubt Canada’s real estate market has been in flux since the beginning of the COVID-19 pandemic, from home buyers migrating to outer-city areas, to soaring demand and prices across the nation. 

While the homeownership landscape has transformed, the Canadian rental market has seen its fair share of changes too, including the shifting preferences and priorities of tenants. Whether its location, unit size, or rental prices, those looking to lease have adjusted their needs and wants based on current market conditions.

Conrad Rygier, a Toronto-based broker and REALTOR® with Right at Home Realty Inc, tells us more about how priorities for Canadian renters have changed as of late.

Image via James Bombales

What has happened with Canada’s…

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When it comes to investment properties, there’s a lot to take into consideration. Aside from the financial and tax responsibilities, finding an investment property that makes sense for your situation requires some serious soul-searching. 

It’s best to take a look at some of the pros and cons before getting into the market, as each type comes with its own set. However, there are some pros and cons that apply to every type of investment property. One pro, of course, is you’ll have a second income—always a plus. The biggest con for any investment property is you’re not guaranteed to have tenants at all times, which means that second income may not be consistent. As the landlord you’re also on the hook for any repairs or issues that need to be dealt…

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