12-01-2016, 02:29 PM
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#8979
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Willing to sell body for a few minutes on RS
Join Date: Mar 2002
Location: Victoria
Posts: 10,939
Thanked 5,584 Times in 2,056 Posts
Failed 188 Times in 103 Posts
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Quote:
Originally Posted by meme405
Can someone point me to somewhere it is written this is not allowed? Like in the RTA or something.
I had a friend say something similar, and I was always under the impression this wasn't allowed, but now looking it up, I cant find where it says it isn't allowed.
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Deposits & Fees - Province of British Columbia
Quote:
Landlord & Tenant Responsibilities
Landlords:
- Can only request one security deposit or pet damage deposit per tenancy agreement, regardless of the number of tenants or pets
- Can serve a One Month Notice to End Tenancy (PDF, 2.1MB) if a tenant fails to pay the security deposit within 30 days of entering into the tenancy agreement or a pet damage deposit within 30 days of when it’s required
- Cannot request deposits based on rules and procedures used in other areas (for example, landlords can’t ask for “first and last month’s rent” or “key money”)
- Cannot increase the amount of a deposit with a rent increase
- Cannot automatically keep all or part of the deposit at the end of the tenancy
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Asking for 12 months rent in advance would fall under the bolded. Illegal.
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