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BC Deposit Interest Checklist
Work out and pay the interest on a BC security or pet damage deposit at the end of a tenancy.
PDF12 itemsFor landlords
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The first 5 of 12 steps
- Deposit amount and date paid.Each deposit separately; pet deposits may be later.
- The return date.Within 15 days of the later of tenancy end and forwarding address (RTA s.38(1)).
- The rate for each year held.2023 1.95%, 2024 2.7%, 2025 0.95%, 2026 0% (RTB).
- Use the full original deposit.Before any deductions (RTB; Guideline 17).
- Accrue each year's rate by the days held.Calendar-year rates (Regulation s.4).
+7 more items in the full checklist
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