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Old 10-15-2014, 08:46 PM   #18
opendoor
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Join Date: Apr 2007
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Quote:
Originally Posted by Frank MetaMusil View Post
I don't agree, nor do I suspect that argument would hold up to dispute. Part of being a landlord is assuming risk that your property may remain vacant. The guy can't just keep money without any paperwork.

I do agree that paperwork is binding, but that works both ways. Court is really the only legal option at this point.
Verbal agreements for a tenancy are still legally binding in Alberta. Once the money changed hands and the two parties agreed that a tenancy would take place, they agreed to the responsibilities of the landlord/tenant relationship, one of which is that a tenancy cannot be cancelled without the required notice.

And it does go both ways. If the landlord had canceled the tenancy after accepting the deposit and agreeing to rent that place, he'd also be liable even absent a written agreement.
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