1) What is a security deposit?

- Security deposit is a sum of money held in trust either as an initial part-payment in a

purchasing process or, in the course of a rental agreement to ensure the cost of repair in
relation to any damage explicitly specified in the lease and that did in fact occur.

2) Must a landlord provide a receipt for a security deposit?

- A landlord must give the tenant a written receipt stating the amount of deposit.

3) Does a landlord have to pay interest on a security deposit?

- Yes, the landlord must pay interest on security deposit for the entire period the landlord has
the deposit

4) How much can be charged for a security deposit?

- Security deposit cannot be more than half of one month's rent

5) How much time does a landlord have to return a security deposit after the tenant moves out?

- A landlord has around 15 days to return the security deposit after the tenant moves out

6) What is a rental agreement?

- A rental agreement can be oral or written and is a legal binding contract between the parties.
It may also contain extra conditions or obligations.t?

7) What are the types of rental agreements?

- Types of rental agreements are weekly, monthly and a fixed term of not less than 6 months
and not more than 12.

8) Must a landlord give a copy of a signed rental agreement to the tenant?

- Yes the landlord has to give a copy of the signed rental agreement

9) Must a landlord give a tenant a copy of the Residential Tenancies Act?

- Yes the landlord has to provide a copy to the tenant.

10) What is a Rental Premises Condition Report form? Does the Residential Tenancies Act apply to a
verbal rental agreement?

-A rental premises condition report form shows the condition of the residential premises at the
beginning and end of the rental agreement.

11) Can a landlord request post dated cheques for rent payments?

- Yes the landlord can request postdated cheques.

12) Are there residential premises not covered by the Act?

- Yes there are certain premises not covered by the act.

13) Does the Act apply to business/commercial rental agreements?

- No, the act does not apply to business and commercial rental agreements.

14) Is a tenant responsible to have insurance on his/her personal belongings?

- Yes a tenant is responsible to carry insurance on his or her belongings.

15) When a rented premises is sold to a new owner, does the rental agreement continue?

- Yes the rental agreement continues when the place is sold to a new owner.

16) What happens to a security deposit when there is a change in ownership?

- The new owner will be responsible for the security deposit if there is one when there is a
change in ownership.

17) Can a landlord charge a fee for late payment of rent?

- Yes the landlord can charge 2.00 for the first day it is late and 5.00 for each additional day the
rent is not paid up to a maximum of 75.00.

18) Can a landlord charge a fee if a tenant's rent cheque is returned because of non sufficient funds
(N.S.F.) in the tenant's account?

- If a rent cheque is returned a landlord may charge a fee not greater than 25.00.

19) Can a tenant withhold rent because a landlord is not maintaining the premises?

- No, not paying the rent may result in the landlord serving a short termination notice.

20) Can a landlord terminate a rental agreement when the tenant does not pay rent?

- Yes a landlord can give a short termination notice when the rent is not paid.

21) Can a landlord increase rent by giving a verbal notice to the tenant?

- No a landlord must give the tenant a written notice to increase the rent.

22) Can a landlord increase rent anytime?

- No a landlord cannot increase the rent anytime he/she wants.

23) Is a tenant responsible for damages to the residential premises?

- A tenant is responsible for any damages where the tenant or one of the tenant’s guests
created the damages.

24) What can a landlord do if a tenant has not repaired damages?

- A landlord can request in writing a tenant to repair damages if a tenant has yet to
25) Can a termination notice be verbal?

- No a termination notice must be written.

26) Where can I get a copy of the Residential Tenancies Act?

- You can get a copy of the residential tenancies act at the government service center.

27) If a landlord gives a tenant a Termination Notice in writing, is the tenant required to give a written
notice of his departure?

- Yes, all notices of termination by landlord will require a written notice from a tenant when he
or she is leaving.