this post was submitted on 13 Mar 2025
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Deposits should be held by the city. The landlord should be forced to prove they deserve it in a court of law. (lemmy.ml)
submitted 1 day ago by UltraGiGaGigantic@lemmy.ml to c/memes@lemmy.ml
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Shouldn't be a issue since landlords never lie to keep deposits right?

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[–] KestrelAlex@lemmy.world 11 points 14 hours ago

In Canada your landlord is required to pay back your deposit with interest, so if you gave them a $1000 deposit and stayed for 10 years and interest is at 5% they would be giving you back about $1600.

Very few actually do this and most of the time interest is so low nobody bothers to fight for it.