Filling out a rental application can be a daunting task, especially if you're not familiar with the process. The Ontario Real Estate Association (OREA) rental application is a standard form used by many landlords and property managers in Ontario, Canada. In this article, we'll break down the application into manageable sections and provide tips on how to fill it out accurately and effectively.
Understanding the OREA Rental Application
The OREA rental application is a comprehensive form that gathers information about the applicant's identity, rental history, employment, income, and creditworthiness. The form typically consists of several sections, including:
- Applicant information
- Rental history
- Employment and income
- Credit information
- References
- Additional information
Section 1: Applicant Information
The first section of the application requires you to provide personal identification information, including your name, date of birth, and contact details.
Tips for filling out Section 1:
- Ensure you provide accurate and up-to-date information.
- Use your full legal name as it appears on your government-issued ID.
- Double-check your contact details, including your phone number and email address.
Section 2: Rental History
This section requires you to provide information about your previous rental experiences, including the address, landlord's name, and rental dates.
Rental History
- Provide accurate and detailed information about your rental history.
- Include all previous rental addresses, even if you've only lived there for a short period.
- If you've had any issues with previous landlords, be prepared to explain the situation.
Section 3: Employment and Income
This section requires you to provide information about your employment and income, including your job title, employer, and annual income.
Employment and Income
- Provide accurate and detailed information about your employment and income.
- Include all sources of income, including employment, investments, and government benefits.
- If you're self-employed, be prepared to provide additional documentation, such as tax returns or financial statements.
Section 4: Credit Information
This section requires you to provide information about your credit history, including any outstanding debts or credit accounts.
Credit Information
- Provide accurate and detailed information about your credit history.
- Include all outstanding debts, including credit cards, loans, and mortgages.
- If you've had any credit issues in the past, be prepared to explain the situation.
Section 5: References
This section requires you to provide references, including previous landlords, employers, or personal references.
References
- Provide accurate and detailed information about your references.
- Include at least two references, including a previous landlord and employer.
- Make sure your references are aware that they may be contacted by the landlord or property manager.
Additional Tips and Reminders
- Make sure you read and understand the application before filling it out.
- Provide accurate and detailed information throughout the application.
- Double-check your application for errors or omissions before submitting it.
- Keep a copy of your application for your records.
Frequently Asked Questions
What is the OREA rental application?
+The OREA rental application is a standard form used by many landlords and property managers in Ontario, Canada, to gather information about potential tenants.
What information do I need to provide on the application?
+You'll need to provide personal identification information, rental history, employment and income information, credit information, and references.
How long does it take to process the application?
+The processing time may vary depending on the landlord or property manager, but it typically takes a few days to a week to review and process the application.
By following these tips and understanding the OREA rental application, you'll be better equipped to fill out the form accurately and effectively, increasing your chances of securing your desired rental property.