Last Month’s Rent

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 at 705-745-9355 if you think you have paid an illegal deposit or charge.

In the future, your rent may increase. Your landlord may ask you to pay the amount of the increase on your last month’s rent deposit, so it matches your new rent amount.

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.

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, see our Emergency Funding and Assistance page.