Liquidated Damage Amount?

[mazi]

Hi,

First time renting:
What is a typical amount for the liquidated damage deposit?
and just so I am clear it is a deposit taken after application form and agreement is signed?

Greatly appreciate your feedback!

Mazi


Mazi Irani
Ness Real Estate Investment
Vancouver BC
604 351 9195

 

[SamEfford]

Where is your property located? I can only comment on Alberta, but understand the rules are different in BC and Ontario.