Landlord asking for bank info

[Chris Walters]

Hi BP! I need help as to know whether or not it is normal for a landlord to ask a new tenant for their bank info (bank name, branch address, account number). The landlord is willing to accept post dated checks, therefore, i am not sure why the bank info would be required. The landlord also asked for a deposit and pieces of ID. Location: province of quebec Thanks, Chris

[Roy N.]

Originally posted by @Chinmay J.:

 Student rentals is where we started and still a large part of our portfolio.    I recommend having mommy or daddy  be a guarantor not a co-signatory.  As a co-signatory to the lease the individual would have all the rights of a tenant, including right of access.  As a guarantor, mom or dad has the right to know if little Johnny or Janey is meeting their obligations and the privilege to open their wallet if they are not.

Having helicopter Mom pop into the house their kid shares with three other students unannounced does not help social cohesion between housemates ... it also doesn't help the kids become independent. ;-)