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Century 21 Lease Agreement

By Zach Arnold | September 13, 2021

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2. All information received from the lessor following an oral or written reference examination of the rent, with the exception of rent cancellations, of 3 or more substantial breaches of a rental agreement within one year before the date of the application, which have given rise to notifications to the tenant, unpaid debts due to the lessor or infringements of the rent which have led to termination for improper reasons; or TIP: For information on rental options, contact your CENTURY 21® agent. A rental option is an agreement between the buyer and seller to buy a home after being rented for a set period of time. Part of the rent would be used for the purchase if the option is exercised. This is called rental credit. Most institutional lenders accept rental credit as part of the down payment when rents exceed market rent and a valid lease agreement is in effect. There is no notification fee if, based on information provided by the CRA, a person has taken action against you if you request notification within 60 days of receiving notification of the action. You are also entitled to a free declaration every twelve months on request if you certify (1) that you are unemployed and plan to look for a job within 60 days, (2) you will receive social assistance or (3) your declaration is inaccurate due to fraud. Otherwise, a CRA can charge you up to eight dollars. 3. proof of source, stability and level of income. 3. Each adult must submit a complete and accurate application indicating the current rental reference and at least one previous reference with telephone numbers..

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