Post-Lease Signing Checklist
Once you have an executed lease agreement, here's a checklist for what to provide your tenant(s):
- ☐ A copy of their signed tenancy agreement Provided to the tenant within 21 days of signing
- ☐ A copy of their pre-lease walk-through.
- ☐ We recommend that a walk-through of the property is done at the time of tenant move in to document any deficiencies in the home, in both writing and photos for reference upon move out. This could include wall scuffs, dents in appliances, scratches/ stains in the flooring, etc.
- ☐ Property details required for tenant to obtain insurance. You should ensure that both you and your tenants have the proper insurance in place for the tenancy.
- ☐ A copy of the proposed (or final) Strata Bylaws
- ☐ A copy of any special rules and policies as set out by Strata
- ☐ An outline of their rental fee schedule and how/whom to make rental payments
- ☐ A copy of appliance manuals and/or the "Homeowner Manual" (provided upon move-in)
- ☐ Important info, addresses and contacts. (include emergency contact information, Strata property management contact, concierge and/or building manager, where applicable)
- ☐ Optional: Community map with key points of interest (ie: schools, grocery, medical services, etc.)
Rent with Confidence
Burnaby is one of Metro Vancouver's most promising rental markets, offering investors strong rental demand, high yields and long-term growth potential. With rapid growth in population, Burnaby remains an excellent choice for both new and seasoned investors, seeking stable and profitable opportunities.
Typically, we see higher demand for rentals during Spring and Summer—with Central Park House completion around that time, it is a prime opportunity to secure a tenant.
Ongoing demand in Burnaby projects that rental rates will remain strong, ensuring steady cash flow for investors.
- Other factors supporting Burnaby's long-term growth & development:
- Burnaby is undergoing significant transit-oriented development around both Patterson and Metrotown SkyTrain stations, increasing property value and rental desirability.
- It is expected that the city will require an additional 5,690 rental homes over the next decade to support growth and demand.
- The proximity to Vancouver makes this area an attractive alternative for renters seeking affordability while still staying well-connected.
- Burnaby continues to see major commercial and tech-sector job growth, drawing in professionals who need high-quality rental housing.
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