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Summarized by RentZenLast updated: July 22, 2024
7 3 Dundas Street East, Napanee, ON K7R1H5
Decision in favor of
tenant
Balance Owed to Tenants
$210
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Hearing Date
Sep 2022
Order Date
Feb 21, 2023
Tenants applied for an order determining that Landlords have collected or retained money illegally. The application was regarding the Landlords' failure to pay interest on the last month's rent deposit as required by the Residential Tenancies Act, 2006.
The Landlords failed to pay the Tenants interest on the last month's rent deposit as required by the Residential Tenancies Act, 2006. The Tenants are entitled to the interest owed and the cost of filing the application.
The Landlords are ordered to pay the Tenants $157.02 for interest on the last month's rent deposit and $53.00 for the cost of filing the application, for a total of $210.02. If the Landlords do not pay the full amount by March 4, 2023, they will owe 5% annual interest on the outstanding balance.
LTB Member
502
90.2%
4.8%
5.0%
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Application Fee
$53
Deposit Interest
$157
Total Owing
$210 (Owed to Tenants)
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