Useful Life of Building Elements: How the BC RTB Values Damage Claims (Policy Guideline 40)
How the BC Residential Tenancy Branch uses Policy Guideline 40's useful-life table to value damage claims, with common figures and a worked example.
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How the BC Residential Tenancy Branch uses Policy Guideline 40's useful-life table to value damage claims, with common figures and a worked example.
Alberta caps all deposits at one month's rent, requires a trust account within 2 banking days, and gives landlords 10 days to return the deposit. No inspection report means no damage deductions.
BC caps security and pet damage deposits at half of the first month's rent each. Here are the numbers, the exemptions and what happens if you collect too much.
How much you can collect, when inspections protect your claim, and how to beat the 15-day return deadline and the double-deposit penalty in British Columbia.