Frequently Asked Questions

Owners & Investors

Del Condominium Rentals is a Rental Management Company. Are you a condominium owner looking to utilize your suite as an investment? Our program is catered to your every need. In the past five years, DCR has grown over 25% and now manages over 1900 condominiums in 235 communities. This significant growth underscores our trusted position and capabilities in the growing condominium rental marketplace.

  • What type of service does Del Condominium Rentals provide?
  • What is Del Condominium Rentals?
  • Who can I contact for more information?
  • How do I keep track of my investment income and expenses?
  • How long does it normally take to find a qualified tenant?
  • Do you manage furnished suites?
  • Do I need to contact the tenant after I give my unit to Del Condominium Rentals to manage?
  • What is the term of the Tenancy Agreement?
  • What is your application process for potential tenants?
  • What do the fees cover?
  • What is the Management fee to sign a suite onto the program?
  • How often will a rent increase take place? How much of an increase can I expect?
  • What is the procedure if a tenant is late with their rental payment?
  • What repairs are my responsibility vs. the tenants’?
  • Can a damage deposit be collected from my tenant?
  • How much notice does a tenant have to give if they want to move out?
  • What is the process if I wish to sell my unit?
  • I am currently in the process of selling my suite. Where can I obtain a status certificate?
  • What is the process if I wish to move into the unit myself?
  • What is owner insurance? Can owner use their own insurance?
  • What is startup / leasing fee? How to calculate?
  • When will rent be deposited into the account?
  • Why am I not getting the LMR?
  • Why am I charged a start-up fee?
  • What is this insurance charge?
  • Why don’t I get the pro-rated rent once the tenant moves in?
  • Spare key charge inquiry