Security deposit required & surrender of deposit if applicant does not proceed after agreement to rent
A security deposit and/or pet deposit in the form of cash, bank draft, money order, or Interac e-Transfer will be required upon entering into a Tenancy Agreement for rental of a property. If the applicant(s) fails to enter or proceed with the Tenancy Agreement within 7 days after an offer has been accepted, the applicant(s) will be held liable for the amount of the security deposit and the agent will have the right to re-rent the property.