Benefits for tenants and landlords
RentSmart provides valuable benefits to both tenants and landlords, promoting successful, stable tenancies through education.
Benefits for tenants
RentSmart helps tenants by providing essential knowledge about:
- Their rights and responsibilities
- Budgeting for housing
- Home maintenance
- Effective communication with landlords
By covering these topics, tenants gain practical skills to maintain their housing and help avoid evictions. The program also addresses barriers such as poor credit or lack of references, empowering tenants with confidence and tools to secure housing. The RentSmart Certificate serves as a valuable reference for housing applications, boosting their chances of securing a home.
Benefits for landlords
For landlords, RentSmart improves communication by teaching conflict resolution and dialogue skills, resulting in fewer disputes over rent, maintenance, or lease terms. This fosters better tenant-landlord relationships and promotes greater housing stability.
With informed tenants who understand their responsibilities, landlords face fewer issues like:
- Property damage
- Late payments
- Lease violations
This reduces tenant turnover, saving time and costs associated with evictions or finding new tenants. Additionally, RentSmart certified tenants are more likely to care for the property and respect neighbours, creating a smoother and more reliable rental experience.