Non refundable Damage Deposit in Alberta?

[brent]

For rental properties in Alberta.



Does anyone have any information regarding a damage deposit being non refundable?



Do you need an agreement with the potential tenants or can you indicate the DD is non refundable either via email or verbally?



Brent

 

[Thomas Beyer]

[quote user=brent]damage deposit being non refundable?


Understand the landlord-tenant rules ! Adhere by them !



It is a business. Know the written and unwritten rules that govern it !



Some links here: http://www.servicealberta.gov.ab.ca/Landlords_Tenants.cfm or http://tenant.landlordandtenant.org/home/default.aspx



The DD is refundable if tenant honors his/her lease. If they break the lease, and you can't re-rent in a month, or if they damage the suite in excess of that amount (or both frequently) you can then keep it.