Rental Housing Act · s5

Deposit Clock

When must the tenant's deposit be refunded?

Your lease

Tenant attended the exit inspection Both parties walked the property and signed off
Tenant skipped the exit inspection No joint inspection happened at handover
Refund deadline
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The rules, plain

7 days
Clean handover, nothing owed: full refund within 7 days of lease end.
14 days
Deductions apply: refund within 14 days after the property is restored, with itemized proof.
21 days
Tenant skipped the exit inspection: refund within 21 days of lease end.
The deposit must earn interest at the rate of the bank account where it is held, payable to the tenant.