When you’re ready to sign the lease

If your application is approved, the next step is to sign a lease. A lease is a written rental agreement outlining the terms you and your landlord agree to. A lease is a legal document, so it’s important that you read and understand it. You can ask someone to go over it with you, such as the landlord, a relative, friend, or even a lawyer. When you sign a lease, you share personal information with the landlord. Signing a lease gives the landlord consent to collect personal information and use it for renting purposes only. Landlords must comply with the Personal Information Protection and Electronic Documents Act (PIPEDA). PIPEDA is Canada’s federal private sector privacy law. The lease will include:

  • Names and contact information for you and BLD Homes.
  • Rental address.
  • Monthly rent you have agreed to pay, with or without utilities, parking, cable television or other services.
  • Date the rent is due (first day of each month), and the amount of any future rental increases.
  • Rental period (2 years+, 1 year or month-to-month).
  • Conditions for ending the lease or subletting the property
  • List of the repairs or upkeep that you’re responsible for.
  • Restrictions such as smoking.
  • Details on when and how the landlord can enter your home.
  • Process for changing the lease and resolving disagreements

Our stunning interior finishes include many features that other builders charge as upgrades such as quartz countertops, luxury vinyl flooring and basement in-floor heating. High caliber exterior finish materials also come standard on our homes, such as Stone, Stucco, and Cement Fiber Board siding. We also do our part to be mindful of the environment by building our foundations with ICF (insulated concrete form). ICF foundations are resilient, innovative, environmentally friendly and energy and resource efficient, so you save on utility costs and have a greener apartment that lasts a lifetime.

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