Do I have pay $250 when you move from 1 bedroom to 2bedroom


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adnancanada   
Member since: Jan 09
Posts: 107
Location:

Post ID: #PID Posted on: 10-04-10 03:08:56

I planing to move from 1 to 2 bedroom in rental apt. My superintendent saying you have to pay $250. This is law.

Does I anyone know about it ? I don't understand this logic. ?

Can I save it somehow ? Please reply.

I saw a condominium 2 bed room 200,000 with 5% down payment how much will be my mortgage. Maintenance fee is $400 extra.

Is anyone living in condo please share much you pay monthly with everything.



Surti   
Member since: Oct 02
Posts: 448
Location:

Post ID: #PID Posted on: 10-04-10 18:24:07


Ask the super that you can get a receipt for this or not and what would they put that item on receipt.

Also check your rental contract, if it is written on that only then it is binding to you.

You can also contact Toronto (or ontario) rental association and ask for help.

Thanks.


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Hurat Honani Murat!


dudewheresmycar   
Member since: Jan 07
Posts: 980
Location:

Post ID: #PID Posted on: 10-04-10 19:19:24

If u are still under a existing lease , then the appartment management can charge u whatever they want (upto the balance of lease) to change ur existing lease from 1 bed to 2 bed.

The only binding law is
1> u cannot break a lease until its term is over
2> u have to give 2 months notice before u can move out

Both rules are inclusive..


If u are starting out with the question like what is the payment on 200K mortgage.. then buying a home may not be the best choice..

U have forgotten about property tax and incidental repairs expenses that u have to pay.. which all add up..

Renting a 2 bed room condo is better than owning a condo.. , cost wise it works out to the same thing with no risk.

Buying a Townhouse or a semi detached or detached is always recommended


Quote:
Originally posted by adnancanada

I planing to move from 1 to 2 bedroom in rental apt. My superintendent saying you have to pay $250. This is law.

Does I anyone know about it ? I don't understand this logic. ?

Can I save it somehow ? Please reply.

I saw a condominium 2 bed room 200,000 with 5% down payment how much will be my mortgage. Maintenance fee is $400 extra.

Is anyone living in condo please share much you pay monthly with everything.



Desi # 1   
Member since: Dec 03
Posts: 1420
Location: Mississauga

Post ID: #PID Posted on: 10-04-10 22:59:09

Quote:
Originally posted by dudewheresmycar

If u are still under a existing lease , then the appartment management can charge u whatever they want (upto the balance of lease) to change ur existing lease from 1 bed to 2 bed.

The only binding law is
1> u cannot break a lease until its term is over
2> u have to give 2 months notice before u can move out

Both rules are inclusive..


But if he is moving in same building then why should he pay?
Why are you asking super for this? Did yuo check with building management?



adnancanada   
Member since: Jan 09
Posts: 107
Location:

Post ID: #PID Posted on: 12-04-10 23:36:25

Quote:
Originally posted by dudewheresmycar

If u are still under a existing lease , then the appartment management can charge u whatever they want (upto the balance of lease) to change ur existing lease from 1 bed to 2 bed.

The only binding law is
1> u cannot break a lease until its term is over
2> u have to give 2 months notice before u can move out

Both rules are inclusive..


If u are starting out with the question like what is the payment on 200K mortgage.. then buying a home may not be the best choice..

U have forgotten about property tax and incidental repairs expenses that u have to pay.. which all add up..

Renting a 2 bed room condo is better than owning a condo.. , cost wise it works out to the same thing with no risk.

Buying a Townhouse or a semi detached or detached is always recommended


Thanks for you nice advice.





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