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Tips for Buying an Investment Property in Saskatchewan

Tips for Buying an Investment Property in Saskatchewan

If you’re looking to grow your finances, investing in Saskatchewan real estate is a solid way to do so and generate passive income! However, before you invest in real estate and make that big purchase, it’s helpful to know if you’re getting a good deal. Investing in Regina or other areas of Saskatchewan real estate requires a big budget, so it would be wise to know what to look for. Here are some tips to consider when buying an investment property in Saskatchewan, Canada: 1. Check out the schools in the area. If your target demographic is fami…

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Security Deposit Laws in Saskatchewan

Security Deposit Laws in Saskatchewan

Landlords in Saskatchewan have a right to ask their tenants for a security deposit. A security deposit is a refundable payment that helps landlords cushion themselves against potential financial damages resulting from a tenant’s negligence. Here are some common reasons landlords require a security deposit from their tenants: To mitigate against financial losses emanating from missed rent payments. Nonpayment of rent by a tenant is a serious violation of the lease agreement. Yet, it continues to be among the top lease violations. To help pa…

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Things to Know About Living in Regina, Saskatchewan

Things to Know About Living in Regina, Saskatchewan

Regina is a great place to raise a family. It is the second-largest city in Saskatchewan. Many people know it by the name of Queen City because Regina means “Queen” in Latin. As a cultural and commercial hotspot in Southern Saskatchewan, Regina provides an endless array of sport and recreation opportunities. There are hundreds of parks, well-known attractions, events, and captivating art spaces. If you’re planning to live or invest in Regina, you should have a rough idea of what the city is like beforehand, especially if you’re never visited i…

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Ending a Tenancy Agreement in Saskatchewan

Ending a Tenancy Agreement in Saskatchewan

When a tenant in Saskatchewan signs a lease agreement, they promise to uphold all its terms. For example, they agree to pay rent when it is due and to care for the rental property. Unfortunately, some tenants don’t abide by the signed contract. In this case, you, as the property owner, have the right to terminate the lease and evict the tenant from the rental property. Whether you are a landlord or a tenant, understanding the eviction laws is vital. As a tenant, you’ll be able to understand your rights during an eviction. On the other hand, as…

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Breaking a Lease in Saskatchewan

Breaking a Lease in Saskatchewan

When a tenant in Saskatchewan signs a lease agreement, they agree to abide by its terms for the entire time it’s active. However, there are times when a tenant will want to break this agreement. Their reasons may include: Moving closer to a new place of work. Moving out due to a relationship breakup. Inability to continue paying rent. Moving to serve in the military. Moving out due to being a victim of domestic violence. Breaking a lease is not a simple process. In most cases, the tenant will be financially and/or legally liable. T…

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