Renters will not have to wait as long to get their security and pet deposits back, due to pending changes by the provincial government.
Under the old process, renters had to apply for a dispute resolution hearing if their landlord did not return their uncontested deposits within 15 days of the end of the rental agreement. The formal hearing with the Residential Tenancy Branch (RTB) meant renters had to wait to have their money returned to them.
To address the issue, the provincial government is creating an expedited process. Renters with successful applications will receive an order for the return of the deposit that they can then serve to their landlord or enforce through the small claims court. The RTB has a similar process in place to help landlords recover unpaid rent or utilities. These changes give renters the ability to use the same simplified process to get their deposit back.
Renters can apply for this expedited process at any Service BC location or online as of Feb. 18.