Property Management Licensing Practice Exam · Question
In British Columbia, what is the maximum amount a landlord can charge for a security deposit under the Residential Tenancy Act (RTA)?
Under the BC Residential Tenancy Act, a landlord may only require a security deposit that is no more than half of one month's rent. This limit protects tenants
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Question: In British Columbia, what is the maximum amount a landlord can charge for a security deposit under the Residential Tenancy Act (RTA)?
Answer options: ✅ Half of one month's rent
- One full month's rent
- Two months' rent
- A landlord can charge any amount as long as it's stated in the lease
Correct answer: Half of one month's rent
Explanation: Under the BC Residential Tenancy Act, a landlord may only require a security deposit that is no more than half of one month's rent. This limit protects tenants from excessive upfront costs.
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