FAQ
This is a list of our most frequently asked questions. For more information please contact True Acre at contact@trueacre.ca!
- Is a signed lease agreement required?
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Yes, a standard lease agreement is required to be signed by the landlord and tenant.
- How much is a security deposit?
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Security deposits are typically ½ month’s rent. Collected deposits are to held and then returned to tenants with 0% interest within 10 days of the lease end. If the entire deposit or a portion of it is to be retained, the landlord must complete the required paperwork at the residential tenancies office.
- How much notice is required to renew, terminate a lease?
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3 months prior to the anniversary date, notice to terminate the lease by either the tenant or landlord is required. If no notice is given then the lease automatically renews for another year.
A tenant can change their lease to a month-to month tenancy if they provide notice to the landlord 3 months prior to the anniversary date and is subject to landlord approval.
- When can my rent increase?
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In general, there are no rent controls in Nova Scotia. Landlords set rental rates for their units. Rent is allowed to be increased once every 12 months and landlords must provide a written notice to the tenant 4 months prior to the lease anniversary date.
Access Nova Scotia’s Residential Tenancies Program publishes an Annual Allowable Rent Increase Amount (AARIA) which landlords are required to refer to when increasing rent.
- How can I be considered to rent a property listed by True Acre?
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You can submit an application online HERE.
OR if you have any questions, call us at 902-442-0783.
- How can I get my property listed with True Acre?
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The best way to get your property listed with True Acre, find the best tenants and reduce vacancies is by contacting us at contact@trueacre.ca or by visiting the Contact Us page and submitting a request.
- What should I look for when considering to rent a property?
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In addition to comparing the property to your minimum requirement and wish lists, you may want to consider the following:
- Is there enough living space, room for furniture and storage?
- Are there enough bedrooms and bathrooms?
- Is the distance to work and amenities appropriate?
- Will the floor plan suit you needs?
- Don’t be afraid to ask questions! If we cannot answer them right away, we will get you an answer.
Take your time and think carefully about the property you are considering. Ask your True Acre associate for pros, cons and their honest, professional standpoint. Creating a list of questions, concerns or requirements before visiting the property will help make you feel comfortable and informed.