Last Month's Rent Deposit (LTB)

Residential Tenancies Act, 2006, S.O. 2006, c. 17

106 (1) A landlord may require a tenant to pay a rent deposit with respect to a tenancy if the landlord does so on or before entering into the tenancy agreement.

(2) The amount of a rent deposit shall not be more than the lesser of the amount of rent for one rent period and the amount of rent for one month.

(3) If the lawful rent increases after a tenant has paid a rent deposit, the landlord may require the tenant to pay an additional amount to increase the rent deposit up to the amount permitted by subsection (2). 2006, c. 17, s. 106 (3); 2013, c. 3, s. 32 (1).

SWT-00924 (Re), 2008 CanLII 82447 (ON LTB)

9. In the current case, I believe that the Tenant is partially statute barred in his claim. The Tenant vacated the unit on September 20, 2007 and waited until December 14, 2007 to file his application. As in Vander Heide, the Tenant is no longer in possession of the rental unit. I find that the Tenant is therefore only entitled to recover for the period from December 14, 2006 to December 14, 2007. As well, in both the Vander Heide and Dollimore cases the landlord had illegally retained money. The act of “retaining”, as pointed out in Dollimore, is an ongoing act. In those cases the landlords were under a positive obligation to pay out the funds. In this case, the Landlord has illegally collected money. The act of collecting is a discreet act. Each month after July 1, 2003 this Landlord collected from the Tenant an amount that was not the lawful rent. Each collection could result in its own cause of action with the limitation period re-starting with each collection.