Quote:
Originally Posted by photon
In the future, security deposit cheques have to be cashed because you have to hold the security deposit in a specific way, check the landlord tenant act on how you're supposed to keep that money.
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Security Deposits must be held in an interest bearing account. Here's a table of the minimum interest that's required to be paid on Security deposits:
http://www.servicealberta.gov.ab.ca/1033.cfm