Quote:
Originally Posted by minig12
Thanks for the responses. So just read this on my lease:
"Termination of the contract for any reason will result in forfeiture of all or part of your resident deposit, depending upon the date that the termination is received"
At the beginning when I signed up for the lease I had to put a $200 deposit down in case there was any damage etc. So does that mean that I just lose that $200?
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Keep in mind that provincial/municipal/federal/etc laws override whatever your landlord thinks he can get away with.
I'm not saying that he's not legally entitled to that, but you'd better double check before you move out, he cashes that illegally, and then you have to wait x number of days for your claim to process and etc.
If it's a rent deposit:
Can a landlord charge a person a deposit or a fee to rent a unit?
Yes, a landlord can collect a
rent deposit if it is requested on or before the day that the landlord and tenant enter into the tenancy agreement. The rent deposit cannot be more than one month's rent or the rent for one rental period, whichever is less. For example, if rent payments are made weekly, the deposit cannot be more than
one week’s rent; if rent payments are made monthly or bi-monthly, the deposit cannot be more than
one month’s rent.
The rent deposit must be used for the rent for the last month before the tenancy ends.
It cannot be used for anything else, such as to pay for damages.
Call the LTB (Landlord and Tenant Board) and ask if there's something you can do... I'm under the impression that as long as you give 60 days, you're allowed to move out.