What does Lease Options means when choosing an aparment?
what does Lease Options for 12 months means?
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- In Canada it means, you can lease for 12 months. That means you sign a contract. You have to pay for 12 months no matter what. If you get kicked out you still have to pey. You cant move out. Its their way of having a guarentee that you will not move out in a few months. In return they will guarentee that your rent will not increse for that time period.
- That you are commited for 12 months. Should you decide to move before the time is up, you will probably have to pay a fine for the remaining time on the lease.
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