CPA · Condominium Property Regulation
Part 9 — Miscellaneous
74.2 Maximum rental deposit
rental deposit that may be charged is prescribed to be $1000 or one
month's rent, whichever is greater.
(2) Despite subsection (1), any rental deposit that is greater than
the amount prescribed in subsection (1) that was collected from an
owner by a corporation before January 1, 2020 may be retained
until the owner gives written notice that the owner's unit is no
longer rented.
AR 154/2019 s30