Prince Edward Island Rent and Deposit Checklist for Tenants

Renting a home in Prince Edward Island involves more than just signing a lease and paying monthly rent. As a tenant, it's crucial to understand your rights and responsibilities around rent payments, deposits, and the documentation required for a smooth tenancy. This checklist provides step-by-step guidance for PEI tenants, supported by the latest legal requirements, official forms, and practical advice to help protect your interests.

Understanding Rental Deposits and Rent Payments in PEI

In Prince Edward Island, tenants are often asked to pay a security deposit (sometimes called a damage deposit) before moving in. This deposit is regulated by the Prince Edward Island Residential Tenancies Act.¹ A security deposit can be up to one month's rent, and landlords must handle it according to PEI law.

• Only one security deposit (up to a maximum of one month's rent) may be collected.
• Landlords must provide a written receipt for the deposit.
• Deposits cannot be used as the last month's rent unless both parties agree in writing.
• Deposits must be returned with interest when the tenant moves out, unless there are lawful deductions.

For more general information, see Understanding Rental Deposits: What Tenants Need to Know.

How Rent is Paid and When It's Due

Your rental agreement (also called a lease) will set out when and how rent must be paid (e.g., monthly, by cheque, e-transfer, or cash). Landlords must provide a receipt for any cash payment, and you have the right to request a receipt for any rent payment. Paying on time is vital; late rental payments can put your tenancy at risk.

For a full explanation of your obligations, visit Tenant's Guide to Paying Rent: Rights, Responsibilities, and Tips.

Checklist for Rent and Deposits

• Signed written lease or rental agreement
• Receipt for security deposit and any rent paid in advance
• Confirm the amount of your deposit (maximum one month's rent)
• Know your payment method and due date
• Request all receipts in writing for rent or deposit payments

Official Forms for PEI Tenants

The official body governing tenancies in Prince Edward Island is the Island Regulatory and Appeals Commission – Residential Rental Property Office (RRPO).² Below are some key forms relevant to rent and deposits:

• Form 2 – Application for Return of Security Deposit (Download here):
  • Use this if your landlord has not returned your deposit within 10 days of you moving out.
• Form 6 – Complaint or Application by Lessee (Download here):
  • File this if you have issues with your landlord (e.g., illegal retention of your deposit, rent disputes).

To file, complete the form and submit it to the Residential Rental Property Office. Include all documentation (lease, payment receipts, correspondence) to strengthen your case.

What Happens at Move-In and Move-Out

It's important to inspect your unit with your landlord both when you move in and when you move out. Carefully record the condition of the property. This protects you in case of disagreements about the deposit.

• Take dated photos or videos on move-in and move-out days.
• Ask your landlord to sign off on a condition report or checklist.

Get more advice with Guide to the Initial Rental Property Inspection for Tenants.

How Security Deposits Are Returned

Landlords must return the deposit (plus interest) within 10 days after you move out, unless there is damage or unpaid rent. If not returned, submit Form 2 (above) promptly to the RRPO.

Dealing with Rent Increases or Deposit Disputes

Landlords may increase rent only as permitted by the Residential Tenancies Act (PEI). They must give at least three months' written notice (using the correct form) before increasing rent.¹ Deposit amounts cannot be increased during a tenancy.

If you believe your rent increase is unlawful, or a deposit dispute can't be solved with your landlord, submit Form 6 to the RRPO for resolution.

Find and Track Your PEI Rights

For a complete overview of PEI tenant protections, visit Tenant Rights and Landlord Rights in Prince Edward Island.

If you're looking for your next apartment or rental in PEI or elsewhere, Find rental homes across Canada on Houseme—for up-to-date, secure listings across the country.

1. Can my landlord ask for more than one month's rent as a security deposit?
   No. In PEI, the maximum allowed is one month's rent. Any extra is not legal, and you can file a complaint to have the extra returned.
2. How soon should I get my deposit back after moving out?
   Your landlord must return your deposit (plus interest) within 10 days of your move-out, unless deductions are being made for damages or unpaid rent.
3. What should I do if my landlord won't return my deposit?
   Complete Form 2 – Application for Return of Security Deposit and submit it to the RRPO with all supporting documents.
4. Are rent receipts required in PEI?
   Yes, you can request a written receipt for any payment, and landlords are required to provide them.
5. Do I have to pay a deposit again if I sign a new lease for the same rental?
   No, you only pay a deposit once for the same continuous tenancy.

1. How do I apply to get my security deposit back in PEI?
   1. Download Form 2 – Application for Return of Security Deposit from the official PEI website.
   2. Fill in your details, attach your lease and payment records.
   3. Submit the form to the Residential Rental Property Office. The RRPO will review and contact you.
2. How can I challenge an illegal rent increase?
   1. Review the notice to check if it meets legal requirements.
   2. If you think the increase is improper, fill out Form 6 – Complaint or Application by Lessee.
   3. Submit Form 6 with evidence to the RRPO.
3. How can I get a rent receipt if my landlord refuses?
   Ask for the receipt in writing. If refused, keep your proof of payment and contact the RRPO for support.

Key Takeaways for PEI Tenants

• Security deposits are strictly regulated—never pay more than one month's rent.
• Official forms help you recover deposits or challenge unlawful actions.
• Always document move-in and move-out conditions to protect your deposit.

Need Help? Resources for Tenants

• Island Regulatory and Appeals Commission – Residential Rental Property Office (RRPO): Guidance, official forms, and dispute filing
• PEI Tenant Rights Information (Department of Justice and Public Safety)
• For Canada-wide information, see Tenant Rights and Landlord Rights in Prince Edward Island

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1. PEI Residential Tenancies Act: Full legislation text
2. RRPO (PEI Tribunal): Residential Rental Property Office

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