TENANTS

INFORMATION FOR TENANTS

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REQUIRED DOCUMENTS

All documents must be submitted and emailed to [email protected] within 24 hours of the Approval Letter being received, but earlier submission helps expedite the approval process. Please ensure that each document is clear, easy to read, and submitted in PDF format.

Two pieces of Government ID (Licence and passport or other).

Employment Letter

Three most recent pay stubs

Ownership of vehicle (If applicable)

Equifax Report

You will have to become a member which you can cancel within 30 days). You will have to provide the full report including your beacon score.

We give you the option to pull a credit bureau on yourself if you choose this option it will not lower your score or if you choose Speedy Rental Agency to pull a bureau on you it will lower your credit score  

Please notify your employer, Landlord and references that Speedy Rental Agency will be calling all references, this will speed up the application process.

SELF EMPLOYED

Two pieces of Government ID (Licence and passport or other).

Proof of Business registration or Articles of Incorporation

Two years of business taxes 

Ownership of vehicle (If applicable)

Equifax Report

You will have to become a member which you can cancel within 30 days). You will have to provide the full report including your beacon score.

We give you the option to pull a credit bureau on yourself if you choose this option it will not lower your score or if you choose Speedy Rental Agency to pull a bureau on you it will lower your credit score   

For your full credit report click here > Equifax Report 

Click link to download Rental Application: speedy rental agency application

ONCE APPROVED 

Once you your application is approved, you can submit a reservation fee equal to one months to secure the property within 24hours of approval. The reservation fee will be applied to your last month’s rent upon move-in date this reservation fee ensures that we cancel all advertisements and stop showing the unit

Scheduling a move-in appointment, and moving into the property, is contingent upon fulfilling the requirements that have been discussed with you by your leasing consultant and property coordinator.

A move-in appointment will not be scheduled until our offices have received the following items:

  1. The deposit paid in full and in certified funds;
  2. Future rent the perfered payment would direct deposit or e-tranfers
  3. Insurance binder, or proof of valid insurance policy;
  4. Proof of utility transfer into tenant’s name, where necessary and;
  5. Any other items that has been requested by your leasing consultant or property coordinator

The time of your move-in appointment will be at the discretion of your assigned property coordinator. Please do not book any moving services or utility services appointments until first speaking to your property coordinator, and confirming both a time and date for your move-in appointment.

During the move-in, a move-in inspection will be performed. A number of photos will be taken to document the condition of the unit, and a move-in checklist will be completed.

Future rent the perfered payment would direct deposit or e-tranfers

Giving Notice Of Your Intentions To Terminate Your Tenancy

To lawfully terminate your tenancy, you must provide at least 60 days’ notice. The examples below will demonstrate the appropriate and legal procedures to follow if you are on a fixed-term tenancy, or a month to month tenancy.

Example (1) – Fixed Term Tenancy

Bob  and Betty are on a fixed term tenancy that expires on December 31, 2019, and they would like to end the tenancy when their lease expires. Bob and Betty must submit notice to the landlord by November 1, 2019 to lawfully terminate their tenancy.

Example (2) – Month to Month Tenancy

Rhonda and Dwight decide on June 1st, 2019 that they would like to terminate the tenancy. Their rent payment is due on the 15th of the month. Rhonda and Dwight must provide 60 days’ notice from their next payment date. As a result, Rhonda and Dwight Submit notice on June 15th, 2019 to lawfully terminate the tenancy on August 14th, 2019.

Responsibilities Of A Tenant Upon Moving Out

Prior to vacating the rental unit, it is the tenant’s responsibility to ensure that the property has been left in a clean, broom-swept manner, and that it will return to the landlord in the same condition as when the tenant took occupancy. The property should be free of debris, garbage, and personal contents, which can include furnishings and items. For a complete list of your responsibilities upon vacating the property.

Forwarding Address

It is recommended that you provide your creditors, such as your credit card and utility companies, with a forwarding address well in advance of your move-out date. Failing to do so may result in bills being delivered to the unit, which if left are unpaid can affect your credit rating.

Responsibilities Of APrior to vacating the rental unit, it is the tenant’s responsibility to ensure that the property has been left in a clean, broom-swept manner, and that it will return to the landlord in the same condition as when the tenant took occupancy. The property should be free of debris, garbage, and personal contents, which can include furnishings and items. For a complete list of your responsibilities upon vacating the property.

Click link to download form N9 tenants to end tenancy: N9 Form

If you are living in a freehold residential dwelling and have exclusive use of the front and/or back yards, you will be responsible for the routine maintenance of the lawn and garden while residing at the property, unless otherwise stipulated in the lease agreement. Your responsibilities include clearing snow, salting, mowing, raking leaves, trimming bushes or hedges, and tending to garden beds.

There are a few key preventative maintenance tasks which are essential in increasing the lifespan of the appliances and preventing malfunctions or breakdowns.

Fridge:

  • Ensure the back panel of the fridge is at least six inches away from the wall
  • Do not overfill, as this will impede air circulation and force the compressor to work continuously

Washing Machine

  • Do not place large items, such as comforters in the machine.
  • Like sized items should be washed in the same load to prevent misbalancing the machine

Dryer

  • Clean lint trap after every use

Range/Stove/Oven

  • Immediately clean any spills to prevent staining
  • Hardened stains can be removed with the edge of a razor scraper
  • Dishwasher
    • Thoroughly clean dishes before placing in dishwasher
    • Clean filter weekly

The Ontario Fire Codes requires that all residential properties be equipped with both Smoke Alarms and CO2 detectors, or combination units. These units are vital to your safety, and your neighbor’s. Landlords are responsible for installing these units. However, all tenants must ensure that the units are functional by replacing batteries, and immediately reporting any faulty or expired units to our maintenance department.

Services and inspections for both furnaces and heat pumps are scheduled accordingly to the manufacturer’s specifications. To ensure optimal quality of air and longevity of the unit, the tenants must replace the filters every 4-6 months, or sooner depending on the number of pets and occupants. Furnace failures and repairs due to clogged filters will be charged back to the tenants. For further information on the size of the filter or installation, please refer to the furnace manual on site or contact our office.

As per the Residential Tenancy Act, all fixed-term leases are renewed automatically on a month to month tenancy unless the tenancy is first terminated upon the maturity date of the fixed-term lease from either the Tenant or Landlord providing the appropriate and legal notice to do so.

At the end of a one year fixed-term lease, the Residential Tenancy Act permits a landlord to increase a tenant’s rent as per the allowable guidelines, or to a specific amount if your rental unit is exempt from the rental increase guidelines. For example, if your one year tenancy ends on July 30th, 2017, your next rental payment would be at the increased amount. Following this, the Landlord is legally permitted to increase a tenant’s rent every year.

Your lease agreement will stipulate the utilities that you are responsible for paying during the term of your tenancy. In condominiums, you will be responsible for the electricity; in freehold residential units, you will be responsible for all utilities; and in condominium townhouses, the utility assignments can vary. Until you have provided our offices with proof of the applicable utility transfer into your name, you will not be permitted to move into the property, or assigned a move-in date.

Prior to moving out of the property, it is important that you provide all utility companies with a forwarding address; this will ensure that you receive your final utility bills and that you will have the necessary information to pay these bills in full. Failure to do so may result in the final utility bills being sent to the property, and collection actions being filed against you for outstanding utility charges that you were unaware of.

Providing protection to your contents and items, Tenant’s Insurance will also protect you from any liability claims that may be filed against you. For example, if were to leave the unit and forget to turn a tap off, or blow a candle out, and catastrophic damage results from this, you can be held liable for these damages. As a result, a claim may be filed against you to collect compensation. Your insurance policy will provide an amount of liability coverage, which will safeguard you from being responsible to pay for these damages yourself or out of pocket.

You have two options;

  1. If Speedy Rental Agency pulls a Credit Bureau on you it will lower you beacon score
  2. We give you the option to pull a credit bureau on yourself if you choose this option it will not lower your score, if you choose this method you will need to provide Speedy Rental Agency the full credit report including you beacon score.

Once you become a member you can cancel within 30 days by calling them otherwise you will be billed every month.

To visit Equifax click on the logo

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