Last Month's Rent

Your landlord can ask you to pay last month's rent before you move in. Make sure you get a receipt for your last month's rent and ask your landlord for a rent receipt each month. Your landlord must supply a receipt for any rent payment, rent deposit, or other charge, if you ask for one.

Your landlord cannot require you to pay illegal deposits. Check with the Peterborough Community Legal Centre if you think you have paid an illegal deposit or charge.

If your rent increases in the future, your landlord may ask you to pay more for your last month’s rent deposit, so it matches your new rent.

Your landlord must pay you interest each year on your last month’s rent deposit. Under the Residential Tenancies Act (RTA) the interest rate for the last month's rent deposit is the same as the rent increase guidelines set by the province. The province sets a rent increase guideline each year. For 2014, the rent increase was is 0.8 %. The rent increase for 2015 will be 1.6%.

If you do not have enough money for last month's rent, you can try to make payment arrangements with the landlord. If the landlord won’t accept payment arrangements, you may be able to get assistance through one of the following sources:

If you are on Ontario Works or ODSP, you may be eligible for the Housing Stability Fund (HSF).  If you receive Ontario Works, ask your worker about the Housing Stability Fund. If you receive ODSP, you have to contact the Ontario Works office.

If you are not on social assistance, you may be eligible for assistance through the Housing Resource Centre or through Ontario Works Emergency Assistance.