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What are the advantages and disadvantages of renting directly from the landlord?

Some home owners offer a private home rental, meaning no real estate agent is involved. It is important to understand that renting a house or apartment from a private individual, not via a registered real estate agent, has various advantages and disadvantages.
  • Houses privately available for rent may, at first glance, seem less expensive than if an agent has been appointed to lease the property. However, be aware that renting directly from a landlord may not offer the same level of professionalism when dealing with maintenance and/or a tenancy dispute
  • Owners who rent their homes directly to tenants may not be familiar with the statutory requirements
  • You may experience less privacy as a tenant due to the owner being the landlord and, without a real estate agent or property manager, there can be less objectivity between the landlord and tenant
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