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Old 08-16-2016, 08:32 AM   #7
PostandIn
First Line Centre
 
Join Date: Apr 2015
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Quote:
Originally Posted by Winsor_Pilates View Post
I also recommend requiring that your tenant will have insurance; put it in your lease agreement.
^ This is so important. You insure the physical rental space, the furnishings (if any), appliances plus electrical and mechanical systems.

The tenant must have tenants / renters insurance to cover you in the event of their 'misadventures'.

It's helpful to be knowledgeable in the Rental Tenancies Act http://www.qp.alberta.ca/documents/Acts/R17P1.pdf.

And, the Landlord Course is also valuable:

http://www.edmonton.ca/programs_serv...se%20Dates.pdf

I'm sure the same course is available in Calgary.
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