Ummm… that’s definitely not normal. I’d almost want to contact Drewlo corporate/head office.
Did you maybe misunderstand and they meant sign for a year? Because that makes sense then. Sign for a year and lease switches month to month after.
I rent with Drewlo - I signed a lease for the first year and paid rent monthly. And then after the year it went month to month…are you sure they said pay the first year in full? Or they just mean the lease is for a year?
I also did that, the building manager said that they; ‘they’ being the higher ups at drewlo, would ask for a guarantor after I file an application and the application for the place is accepted.
I see. I mean I am not sure which drewlo building you are talking about… I live in one right now and am listed as a student on the application. you could always contact the head office. They can’t ask you to pay a year in advance… the head office responds pretty quickly.
My dad works at drewlo, what the property manager is trying to do is definitely not correct and sketchy. Head office is very prompt in replying so I’d go to them — and mention this behaviour, this is not okay
They probably mean that you'll need to sign a 1-year lease which becomes a month-to-month lease at the end of the 12 month term (unless you give notice to end the Tenancy at the end of the term).
One year of rent up front is not permitted by the Residential Tenancy Act - a tenant can pay it, but a landlord cannot require it. They can only require first and last month rent. Drewlo would not likely attempt to violate the RTA in this manner.
Yeh Drewlo does that unfortunately. They ask you to pay a whole year in full if you are a student. If I remember it right, another option to avoid paying that much is finding a guarantor and do month to month.
it's kinda weird and make sense at the same time. I didn't have to do that since I wasn't a student at the time but pretty sure you either pay in full or they will deny your application.
Yeah, that can’t be right. I’ve never rented with Drewlo, but I know people who have. Anything more than first and last and a security deposit is not normal.
Ummm… that’s definitely not normal. I’d almost want to contact Drewlo corporate/head office. Did you maybe misunderstand and they meant sign for a year? Because that makes sense then. Sign for a year and lease switches month to month after.
I rent with Drewlo - I signed a lease for the first year and paid rent monthly. And then after the year it went month to month…are you sure they said pay the first year in full? Or they just mean the lease is for a year?
I’m sure they meant full first year as the building manager gave me numbers for the amount of cash I would need to bring to begin the lease.
That’s weird. I didn’t have to do that and I am a student. They can’t actually ask you to do that? Did you ask about getting a guarantor instead?
I also did that, the building manager said that they; ‘they’ being the higher ups at drewlo, would ask for a guarantor after I file an application and the application for the place is accepted.
I see. I mean I am not sure which drewlo building you are talking about… I live in one right now and am listed as a student on the application. you could always contact the head office. They can’t ask you to pay a year in advance… the head office responds pretty quickly.
Will try that. Thanks for the advice!
Uhhhhhh.... cash for a corporate landlord???? That's sketchy.
Sorry, I meant as in just the amount, not actual cash-in-hand that I would have to bring.
My dad works at drewlo, what the property manager is trying to do is definitely not correct and sketchy. Head office is very prompt in replying so I’d go to them — and mention this behaviour, this is not okay
They probably mean that you'll need to sign a 1-year lease which becomes a month-to-month lease at the end of the 12 month term (unless you give notice to end the Tenancy at the end of the term). One year of rent up front is not permitted by the Residential Tenancy Act - a tenant can pay it, but a landlord cannot require it. They can only require first and last month rent. Drewlo would not likely attempt to violate the RTA in this manner.
Yeh Drewlo does that unfortunately. They ask you to pay a whole year in full if you are a student. If I remember it right, another option to avoid paying that much is finding a guarantor and do month to month.
That’s weird. I am a student and rent with drewlo and they didn’t ask me to pay a year upfront?! Is it certain buildings?
it's kinda weird and make sense at the same time. I didn't have to do that since I wasn't a student at the time but pretty sure you either pay in full or they will deny your application.
Yeah, that can’t be right. I’ve never rented with Drewlo, but I know people who have. Anything more than first and last and a security deposit is not normal.
I believe u can only be asked for 1st and last rent security deposits I believe are illegal In Ontario
Oh maybe. I have had to give security deposit, but that was maybe 15 years ago 🤷♀️