Saturday, November 13, 2004

When is a "security" deposit a "cleaning" deposit?

See how the landlord of 426 Calder Ave. Ft Smith arranges to keep $669.32 of a $1,000 "security deposit" on this 3 room basement apartment in Fort Smith

Click here to see the full set of pictures as I left it on September 30... click on the individual pictures to see more detail... see if you can see anything that was damaged and in need of repair.

To see a slide show of the pictures... click here
Take a look at the pictures and decide for yourself if $669.32 is a fair price to charge for the "repair" of this basement apartment.

If you are renting in the NWT or are about to rent one.. you need to read this information from the Rental Office of the Northwest Territories, by clicking here
This note on the "Security Deposit" is taken from the above page..

What is a security deposit?
A security deposit is money given to a landlord by a tenant. The money is held by the landlord until the end of the tenancy at which time the security deposit may be used for rental arrears or tenant damages.

How much money can a landlord request as a security deposit?
In the case other than a weekly tenancy, the security deposit may not be greater than the amount equal to one (1) months rent.(Section 14[1]


You can download a PDF version of the official Residential Tenancy Agreement of the NWT by clicking here.

Hal Logsdon, Rental Officer for the NWT
Rental Office
3rd Floor, Panda II Mall
PO Box 1920
Yellowknife NT X1A 2P4
Telephone: (867) 920-8047
Fax: (867) 873-0489
Toll Free: (800) 661-0760
can be reached via e-mail at via Kim Powless

You may choose to leave your opinion on this... or telling us about your experience with landlords in the NWT by clicking on the little pencil just below this....

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