May 25, 2025

New Homes Alberta: How to Handle Security Deposits

In Alberta, a significant aspect of rental agreements is the security deposit, a monetary amount paid by tenants to landlords as insurance against potential damages. Notably, the security deposit is equivalent to one month's rent at the start of a residential tenancy. For landlords in Alberta, managing security deposits is crucial for protecting their investment properties. New Homes Alberta, with over...

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