Tenant faqs - Luxury Living Rental

Tenant faqs


What Do I need to know prior to my move?

You should consult with your landlord whom you have signed the lease with as you will be required to book an elevator with the building manager/concierge in advance (most buildings 48 hours in advance) Keep in mind some buildings have lots of traffic so if you don’t notify them well in advance, you may not get your time. All buildings do charge a move in and move out fee which is payable by the tenant.

Why do I need to do a property inspection with my Landlord?

It’s very important to sign off on a property inspection report on the possession date. Later down the road this will mitigate any issues with the landlord and tenant that goes beyond wear and tear. People sometimes people are forgetful, but if you have it written down, both parties will know what scratches were on the floor and which holes in the wall. Better safe than sorry!

I lost my job and I can’t afford to pay the rent anymore! Can I break the lease?

Most landlords will not want to tie you down and force you to stay somewhere your not happy in. However, you are obligated to fulfill your lease. Make sure the length of lease you are signing is going to work for you as it is a contractual obligation. If something happens down the road and you have to leave, be honest with your landlord and give them sufficient heads up so they have time to look for a replacement. In most circumstances once someone is found to take over the lease, you are relieved of the remaining time but will have to reimburse the landlord for any vacancy loss (if any) and the cost and the 1/2 month leasing fee they paid for to their agent.

Tenant faqs - Luxury Living Rental