The rent at Aidan Tompkins’ three-bedroom apartment on Almon Street went up by 29 percent in 2019. He and his roommates were paying $1,345 for the three-bedroom unit before the notice from his landlord came four months before lease renewal. “It hit us pretty hard. We had to reassess our budget, had to cut a […]
Halifax housing
Posted inNews + Opinion
Buyer beware: three rental traps to avoid in Halifax
1 Fixed term leases Fixed term leases are different from year-to-year leases. Instead of the standard terms, in a fixed lease the landlord and tenant can negotiate the specific terms of their lease with a fixed end date. If a lease isn’t renewed and the tenant is still there, it automatically becomes a month-to-month lease. […]