CAREER LIFE CONNECTIONS

Name: Jake

LANDLORD & TENANT FREQUENTLY

ASKED QUESTIONS
https://www2.gov.bc.ca/gov/content/housing-tenancy/residential-tenancies

Use this web site to answer the following questions.

1. What is a security deposit?

A security deposit is a one-time, deposit made in the case of the roommate
failing to pay rent, damage, and other rule breaking problems
2. Must a property owner provide a receipt for a security deposit?
A property owner must give a written receipt for rent when there is no other
record available to the tenant
3. Does a property owner have to pay interest on a security deposit?
The property owner must pay the tenant interest on the rent deposit every
12 months
4. How much can be charged for a security deposit?
½ a months rent
5. How much time does a landlord have to return a security deposit after the tenant
moves out?
It depends on the inspection and damage associated with that
6. What is a rental agreement?
The rights, obligations and prohibitions established under this Act are
enforceable between a landlord and tenant under a tenancy agreement
7. What are the types of rental agreements?
Month-Month, one way leases, Fixed terms
8. Must a landlord give a copy of a signed rental agreement to the tenant?
The law says the landlord must give you a copy of the signed agreement
within 21 days
9. Must a landlord give a tenant a copy of the Residential Tenancies Act?
Tenant must receive a copy of a signed tenancy agreement
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10. What is a Rental Premises Condition Report form?

It is a report done before the tenant moved in stating the condition of the
residents beforehand
11. Does the Residential Tenancies Act apply to a verbal rental agreement?
Yes, weather its oral or written it still applys
12. Can a landlord request post dated cheques for rent payments?
Yes, tenant law is that a landlord will often ask a tenant to provide 12
cheques for each month
13. Are there residential premises not covered by the Act?
It does not cover expenses by the landlord
14. Does the Act apply to business/commercial rental agreements?
No that act is agreed on separate terms
15. Is a tenant responsible to have insurance on his/her personal belongings?
When damage occurs to a renters belongings, and if the tenant does not
have rental insurance, the tenant is responsible
16. When a rented premises is sold to a new owner, does the rental agreement
continue?
When a Tenanted Property Has Been Sold Once a property is sold, the
buyer becomes the new landlord and the tenancy continues under the
same terms
17. What happens to a security deposit when there is a change in ownership?
The new owner receives the deposit
18. Can a landlord charge a fee for late payment of rent?
Late payment of rent: Your landlord can charge a non-refundable fee of up
to $25 for late payment of rent, but only if this term has been written into
your tenancy agreement.
19. 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?
At the start of your tenancy, your landlord cannot charge you a fee for
rekeying the locks. Returned cheque: If you do not have enough money in
your bank account when your landlord tries to deposit your rent cheque,
your bank may charge your landlord a service fee.
20. Can a tenant withhold rent because a landlord is not maintaining the premises?
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Yes in your agreement it is required for the landlord to maintain the

premise
21. Can a landlord terminate a rental agreement when the tenant does not pay rent?
the tenant must vacate the rental unit at the end of the term if they didn’t pay