Rental housing regulations vary across the country. To find out which rules will apply to you, please select the province or territory where you wish to move:
Les lois diffèrent selon les provinces ou le territoire. Pour mieux vous servir, on aimerait connaitre
By pre-approving your lease guarantee with Locnest, you are maximizing your chances of finding the place of your dreams!
The Pre-approval of Lease Guarantee provides your landlord with proof that you have already reached a formal agreement with Locnest to obtain a Certificate of Guarantee, which ensures that your landlord will be reimbursed (up to the amount guaranteed) in the event of non-payment or damage to the property.
This Pre-approval of Lease Guarantee is valid for 60 days and costs only $25.
The Certificate of Guarantee could very well become the document that opens the door to your future residence.
It helps you stand out from the competition by providing your future landlord with additional protection, greatly increasing your chances of being selected for the rental unit.
You still have to take care of the premises and pay your rent on time, because if Locnest has to compensate the landlord, you will then have to repay us the amount of this settlement.
The annual cost of the official Certificate of Guarantee is 8% of the amount guaranteed plus a $20 application fee (which you will obviously not have to pay if you were already issued a Pre-approval of Lease Guarantee).