Canada Relocation Support Now at: http://www.mynupad.com

Deposit regulations vary by province.

For instance, in Ontario:

1. Landlords are NOT allowed to ask for a damage deposit.

2. Landlords are permitted (and it is almost mandatory) to ask for 'Last Month's Rent' - deposit equiv to 1 month's rent value, which would be refunded to you (with interest), if your rent is up to date upon vacancy.

However, in Alberta:

1. Landlords are NOT allowed to ask for 'Last Month's Rent'.

2. Landlords are permitted (and is almost mandatory) to ask for Damage Deposit valued equiv to HALF of 1 Month's Rent value.

So it will depend on exactly where in Canada you are speaking about...

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Anonymous 29 Mar 2006, 07:43 - Report