Alberta · Task guide

Collect and return a deposit in Calgary

Alberta's deposit rules are about custody as much as amount: at most one month's rent, into an interest-bearing trust account within two banking days, interest paid each year at the prescribed rate, and no deduction at all without both inspection reports. Ten days after the tenant leaves, the statement of account and the balance are due. Two modes; arithmetic is separated from entitlement throughout.

Preparation0 of 4 stages

Preparation only. Nothing is saved to an account.

Stage 1 of 4

Decide what you may collect

Security deposit not more than one month's rent (RTA s.44 — FIXTURE · verify). Refundable amounts (pet, key) are part of the deposit and count toward the cap; a non-refundable fee is not a deposit and must be stated as such (verify).

The agreement clause naming the deposit and any fee.