Introducing Truman Rent-to-Own
Truman Rent-to-Own

Rent Today.
Own When You're Ready.

With the Truman Rent-to-Own Program, every dollar you pay in rent, up to a maximum of two years, is automatically accrued as a Purchase Credit toward your future Truman home, subject to the terms and conditions of the Truman Rent-to-Own Program.

How Truman Rent-to-Own Works
How It Works

It's Simpler Than
You Think.

When you rent a Truman home under a lease with a term of 12 months or longer, 100% of your monthly rent, for up to a maximum of two years, accrues as a Purchase Credit toward the purchase of a Truman home. This Purchase Credit accrues automatically each month, subject to the terms and conditions of the program, with no additional action required by you other than paying rent. When you are ready to buy and enter into a purchase contract with Truman for an eligible property, your accrued Purchase Credit will be applied on closing toward the purchase of your new Truman home. It's that simple.

The Math

Your Home
Is Closer Than You Think.

For many people, saving for a home can feel like it is always just beyond reach. The Truman Rent-to-Own Program changes that equation. With each month you rent, 100% of your rent, for up to a maximum of two years, accrues quietly in the background as a Purchase Credit toward the purchase of a Truman home, subject to the terms and conditions of the program. By the time you are ready to buy, you may already have built more savings than you ever expected in Purchase Credits.

The Math
Your Credits. Your Call.
Your Credits

Use Your Credits
Where They Matter Most.

We know that getting into a home looks different for everyone. Maybe closing costs are the hurdle. Maybe you just want to upgrade your finishes and make the space truly yours from day one. Whatever the priority, your credits are there to make it easier.

  • Upgrades & Finishes
  • Parking or Storage
  • Closing Costs

No Pressure.
No Risk.

We know buying a home is one of life's biggest decisions, and the timing must feel right. That is why your Purchase Credits stay with you for 24 months after you move out, subject to the terms and conditions of the program. There is no need to rush into a purchase when your lease ends. Take the time you need to explore your options and find the Truman home that is right for you and your family. When you are ready, we will be there to help you find your new home, and your Purchase Credits will be there for you on closing of your Truman home. If you have not entered into an unconditional purchase contract for a Truman home within 24 months after your lease ends, your Purchase Credits will expire.

Who Qualifies

If You've Rented With Truman,
You're Already Eligible.

Whether you are a current Truman tenant or have rented with Truman in the past, you may be eligible for the Truman Rent-to-Own Program, subject to its terms and conditions. If you previously rented with Truman under a lease with a term of 12 months or longer, your Purchase Credits may already be available to you, provided that less than 24 months have passed since your lease expired. If more than 24 months have passed since your lease expired, you would need to rent with Truman again in order to become eligible to start accruing new Purchase Credits.

Ready When You Are

Rent Truman.
Own Truman.

Every Truman rental includes the Truman Rent-to-Own Program, subject to the terms and conditions of the program. There is nothing extra to sign up for and nothing more to pay beyond your rent. When you are ready to take the next step, our sales team will be there to help you find the right Truman home and put your Purchase Credits to use when you enter into your purchase contract.

View Listings
Truman Rent-to-Own

Terms and Conditions & Frequently Asked Questions

The Truman Rent-to-Own Program, including the accrual and redemption of Purchase Credits, is subject to eligibility requirements and additional terms and conditions. For complete program details, please review the full Terms and Conditions.
Browsing for your next home is easy. Visit our listings page at renttruman.com/listings/ to explore all currently available Truman rental properties in Calgary and the surrounding area. New homes are added regularly, so check back often or reach out to our team and we'll help you find the right fit.
Yes. The Truman Rent-to-Own Program is available in connection with eligible Truman rental properties throughout Calgary and the surrounding areas. Your eligibility to participate in the program and accrue Purchase Credits is tied to your rental of an eligible Truman property, and your Purchase Credits begin accruing from the first rent payment made under your lease, subject to the terms and conditions of the program. However, while the program may apply to the rental unit you are leasing, the particular unit you are renting may not be available for purchase when the time comes to enter into a purchase contract. As a result, your Purchase Credits may not be applicable toward the purchase of that specific unit and may instead only be redeemable on final closing toward the purchase of another eligible Truman home.
A maximum of 24 months of rent may accrue as Purchase Credits. When you rent an eligible Truman property under a lease with a term of at least 12 months, 100% of your monthly rent is automatically accrued each month as a Purchase Credit, subject to the terms and conditions of the program. Once you have rented with Truman for two years, you will have reached the maximum available Purchase Credits. When you are ready to buy, those Purchase Credits may be applied on closing toward the purchase of an eligible new Truman home.
Yes. If you are currently renting with Truman under a lease of 12 months or longer, you may already be eligible for the Truman Rent-to-Own Program. Your Purchase Credits accrue automatically from the first rent payment made under your lease. Any such participation is subject to the terms and conditions of the program.
Yes. Former Truman tenants may still be eligible for the Truman Rent-to-Own Program. If you previously rented with Truman under a lease with a term of 12 months or longer, your Purchase Credits may remain available for 24 months following your move-out date, subject to the terms and conditions of the program. If more than 24 months have passed since your move-out date, you would need to rent with Truman again in order to become eligible to start accruing new Purchase Credits.
When you are ready to buy and enter into a purchase contract with Truman or a participating vendor for an eligible property, please let Truman know at that time that you are a current or former tenant and wish to use your Purchase Credits under the Truman Rent-to-Own Program. Once verified, your accrued Purchase Credits will be applied on final closing toward your new Truman home, subject to the terms and conditions of the program. Your Purchase Credits may be used toward the purchase price, upgrades and finishings, parking or storage units (subject to availability), or closing costs.
Yes. You are still eligible for the Truman Rent-to-Own Program even if Truman is not the named landlord under your lease. Truman works with participating landlords in select rental properties, and leases with those approved landlords may qualify. In those cases, eligible rent paid under the lease may accrue as Purchase Credits, subject to the terms and conditions of the Truman Rent-to-Own Program.
Only one Purchase Credit balance may be accrued and redeemed in connection with a particular Truman lease. Purchase Credits may not be duplicated, multiplied, apportioned, assigned, or separately claimed. Any Purchase Credits accrued under the Truman Rent-to-Own Program may be redeemed one time only, strictly in accordance with the terms and conditions of the program.
If more than one person is named on a lease, Purchase Credits accrue once for that lease and not separately for each tenant. Generally, Purchase Credits are redeemed when all tenants under the lease are also purchasers under the applicable Purchase Agreement. However, if all tenants agree in writing that the Purchase Credits are to be used by any one tenant, Truman may permit that tenant to redeem them, provided all tenants sign a written direction and release acceptable to Truman. Any such redemption remains subject to the terms and conditions of the program.
Following the expiry of your lease at the end of its term, you will have 24 months to use your Purchase Credits toward the purchase of a new Truman home, subject to the terms and conditions of the program. If you have not entered into an unconditional purchase contract for a Truman home within 24 months after your lease ends, your Purchase Credits will expire.
All current and upcoming Truman projects are featured on our website, subject to availability. Browse our full selection of homes, including quick possession opportunities, to find the Truman home that best suits your lifestyle and timeline. Availability is subject to change, and the price of any home will be determined at the time you enter into a purchase contract for your new home.
Simply fill out the contact form on our website and a member of our team will be in touch to walk you through everything.
Rent-to-Own Form

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Truman Rent-to-Own Purchase Credits have no cash value, are non-interest bearing, do not constitute equity, and are not a savings account. Purchase Credits accrue monthly only on eligible rent actually paid under an eligible lease with a term of 12 months or longer, provided the tenant remains in compliance with the lease and the Truman Rent-to-Own Program. A maximum of 24 months of eligible rent may accrue as Purchase Credits. Purchase Credits accrue once per lease only, not separately for each tenant, and may not be duplicated, multiplied, apportioned, transferred, assigned, or otherwise claimed by any other person, except as expressly permitted by Truman in writing and subject to the terms and conditions of the program. Purchase Credits are redeemable one time only, on the final closing of an eligible purchase contract for an eligible Truman home, provided the purchaser has entered into an unconditional purchase contract within the required time period and the transaction is completed in accordance with its terms. Purchase Credits may be applied only toward eligible costs approved by Truman, which may include the purchase price, upgrades, finishings, parking, storage, and closing costs, but may not be applied toward deposits. The rental unit being leased may not itself be available for purchase, and Purchase Credits may only be redeemable toward another eligible Truman home, subject to availability. The price of any home will be determined at the time an applicable purchase contract is entered into. Purchase Credits must be redeemed within 24 months following the end or expiry of the applicable lease, failing which they shall expire without compensation. Purchase Credits may be cancelled, reduced, denied, forfeited, or deemed invalid in the event of eviction, default, fraud, misrepresentation, chronic non-payment, failure to comply with the lease or program requirements, failure to satisfy or waive conditions of a purchase contract by the applicable deadlines, or where a purchaser requires a material amendment, extension, or other accommodation in order to complete the purchase transaction. Participation in the Truman Rent-to-Own Program does not guarantee financing, mortgage approval, or the availability of any particular Truman home. The Truman Rent-to-Own Program may not be combined with any other incentive, promotion, rebate, discount, or special offer unless expressly permitted by Truman in writing. A tenant's or purchaser's ineligibility for, or loss of, Purchase Credits does not affect that person's obligations under any lease, purchase contract, or other agreement. All participation in the Truman Rent-to-Own Program is subject to the full terms and conditions of the program, as amended from time to time, and Truman reserves the right, in its sole and absolute discretion, to amend, modify, suspend, withdraw, or terminate the program, or any part of it, at any time without prior notice. Eligibility, participation, and redemption are subject to availability and approval by Truman.