Security Deposit Refunds

How to Handle Security Deposits: Calgary Real Estate Tips

In Alberta, the rules governing security deposits are clear: the deposit is equivalent to one month's rent when a rental agreement begins, and it must be returned within ten days after the lease ends, unless there are damages or unpaid rent. For landlords and property managers in Calgary, understanding these regulations is crucial to avoid potential legal issues and disputes. Mark Verzyl Real Estate, a...

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