Difference between revisions of "Moving In"

Jump to navigation Jump to search
Line 59: Line 59:


'''Interest''' Your landlord is required to pay you interest on your security deposit. However, the amount of interest required
'''Interest''' Your landlord is required to pay you interest on your security deposit. However, the amount of interest required
to be paid is established yearly by the government. Some years you will not receive any interest on your deposit if the prime lending rate of the principal banker to the Province is less than 4.5 percent on the first day of the calendar year. You can go to the [[Residential Tenancy Branch] website and use the rate calculator to find out how much you are owed.
to be paid is established yearly by the government. Some years you will not receive any interest on your deposit if the prime lending rate of the principal banker to the Province is less than 4.5 percent on the first day of the calendar year. You can go to the [[Residential Tenancy Branch]] website and use the rate calculator to find out how much you are owed.