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Question for fellow landlords
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07-15-2008, 04:01 PM
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4X4
One of the Nine
Join Date: Dec 2004
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Originally Posted by
You Need a Thneed
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
No they don't. At least, not on a Residential Tenancy Agreement. A lease might be different, but I never pay interest. It's always noted on the document that it's non-interest bearing.
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