? Frequently Asked Questions ?
Q: I really love the new home I am renting, is there an option to lease to own?
A: Currently none of the units we manage have an option to lease to own, but you can contact the developer who built the homes we are managing:
Altec Homes, check out their website here: Altechomes.ca
Email: Al@altechomes.ca
Q: What type of leases do you typically have tenants sign?
A: Leases signed through us are year to year.
Q: Do I require tenants insurance?
A: Yes. It protects both the tenant and landlord. You can look into a service such as Zipsure.
Q: Is a security deposit required?
A:Yes, equal to one (1) month's rent. NB Security Deposits
Q: What information do I need to submit on the application form?
A:The more information you provide on your application form, the easier it will be for our staff to conduct their background checks for approval.
Q: Why am I being asked to conduct a credit report?
A: Obtaining a credit report from Equifax is favored by most Landlords today. It provides the best indicator of a tenant's financial status, which allows the Landlord to make a better informed decision in choosing a tenant.
Q.: Will my credit score be affected when you conduct your credit report?
A: The credit inquiry will appear on your credit file, however it will not have a significant impact on your credit score, since this is not a credit application.
Q: Does completing a Credit Report guarantee my application will be successful?
A: No, credit reports are conducted as part of the application process and various factors are considered before a successful applicant is selected.
Q: What happens if I don't pay rent?
A: You will receive a notice to vacate the unit. Failure to Pay Rent
Q: Is smoking allowed in your units?
A: All buildings are smoke free.
Q: When is Garbage Pickup at my unit?
A: Check out the Collection Calendars Here * Area 1 Riverview & Moncton / Area 2 Dieppe
Q: I am ready to move out of your unit, what do I need to do?
A: Must provide a written notice 3 months prior to the expiry of the renewal period while renting in New Brunswick.
NB Ending Lease & Notice of Termination to Landlord (PDF)