How long can a landlord keep my security deposit?
In British Columbia, the Residential Tenancy Act specifies that a landlord can retain a tenant's security deposit for a maximum period of 15 days after the tenancy agreement ends. During this time, the landlord must inspect the rental unit and assess any damages or outstanding rent owed. If deductions need to be made from the security deposit, the landlord must provide a written statement outlining the reasons and costs involved within this 15-day timeframe. After deducting allowable amounts, the landlord must promptly return the remaining deposit to the tenant. If the landlord fails to comply with these regulations, the tenant may apply for dispute resolution through the Residential Tenancy Branch to claim the deposit's return or resolve any disagreements regarding the deposit.
Answered Nov 2, 2023
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