If a guarantor is needed, they will typically be asked to provide the following documents:
- Credit report
- Photo ID (passport or driver’s license)
- Proof of Permanent Residency or Canadian citizenship
- Recent pay stubs and employment verification letter
- Proof of relationship to the tenant
The guarantor’s credit and income are reviewed because they are legally responsible for rent payments if the tenant is unable to pay.
A REOCA-certified real estate agent will provide detailed guidance on how to submit these documents properly.
