What you need to know about rental agreements
When I was 21, I moved out of my parents` house and into my very own apartment in downtown Victoria, B.C.
Not only did I have to manage my money for the first time, but I also entered into a 12-month rental agreement with a landlord ` which I would break eight months later when I realized I hadn`t saved enough to
move out on my own, and both my poor budgeting skills and $9/hour job were sinking me further and further into debt.
Leaving my rental unit before the end of my lease was a costly lesson to learn. Not only was I out the equivalent of one months` rent ($650) - the fee to break the lease - but I also lost some of my damage deposit because I couldn`t afford to wash the carpets with a steam cleaner ` a mandatory requirement for all tenants in my building upon vacating each apartment.
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