Question:

In the North West Territories where a tenancy is more than week to week, half a security deposit can be paid when a tenant moves in and the rest within three months. Is this rule the same in Alberta?

by Guest751  |  6 years, 8 month(s) ago

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In the North West Territories where a tenancy is more than week to week, half a security deposit can be paid when a tenant moves in and the rest within three months. Is this rule the same in Alberta?

 Tags: Alberta, deposit, half, months, moves, North, paid, rest, rule, security, tenancy, tenant, Territories, week, West

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  1. Guest751

     No. The law in Alberta only states that a landlord can ask for a security deposit and that it can be no more than one months rent. It is up to a landlord and tenant to agree as to how and when the deposit is paid. Once it is paid the landlord has an obligation to invest it in accordance with the law.

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