Do I need to sign a lease or tenancy agreement?
No, it may be written or oral, express or implied. However, where a tenancy agreement in writing is executed by a tenant and delivered to the landlord, the latter shall ensure that a fully executed duplicate original copy of the tenancy agreement is delivered to the tenant within 21 days.
Types of rental periods, which determine how long you can stay in the apartment:
A lease can be weekly, monthly or year-to-year.
Is a signed move in/move out condition report required?
May the landlord request a security deposit?
Yes, but there are regulations:
- The deposit amount shall not exceed the amount of rent payable for the first month of tenancy. (A security deposit can be applied towards last month’s rent.)
- A security deposit can be applied toward the payment of the last rent period under the tenancy agreement.
- Where a landlord and tenant have signed a statement as to the condition of the residential premises, the security deposit may be applied toward the rectification of damage done to the premises.
- The landlord shall pay interest at the rate prescribed (set by the territory) on the security deposit either annually or 15 days after the tenancy is terminated, whichever is earlier.
May the landlord request key money?
Yes, requiring key money is not illegal.
May the landlord request post-dated cheques?
Yes, landlords may request post-dated cheques but tenants are not obliged to comply.
May a landlord refuse to rent to a tenant who has pets or smokes?
Yukon’s tenancy legislation does not address these issues.