05-25-2021, 10:56 AM
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#3
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Franchise Player
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https://clg.ab.ca/programs-services/...nted-premises/
Quote:
Sometimes the landlord will ask for a deposit from you to hold the premises you wish to rent. Such a deposit is to be distinguished from a “security deposit”, which is described later. Unlike a security deposit, a deposit to hold the premises you wish to rent is not dealt with in the Act. Depending on the terms you negotiate with the landlord, the landlord may be able to retain the deposit if you do not move in. If the landlord agrees to refund the deposit, then ensure the landlord’s agreement to refund the deposit in writing.
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