As a renter in Yukon, you have clear rights around your security deposit when a property changes hands. Whether a building is sold or the landlord assigns the lease, the deposit remains linked to the tenancy until the lease ends or the parties agree otherwise. This article explains what to expect, practical steps to protect your money, the official forms and offices to contact, and how to document the transfer or request a refund. You will learn how to ask for written confirmation, what to do if a new owner claims they never received the deposit, and when to file a complaint with the territory’s tenancy office. Use these tips to keep control of your deposit and avoid surprises.
How Yukon handles security deposits when ownership changes
In Yukon the security deposit is part of the tenancy record. If the property is sold, the outgoing owner (the seller) should either transfer the deposit to the new owner or return it to you, depending on what you and the landlord agree and on applicable territorial rules.[1] Always ask for written confirmation of the deposit amount and how it will be held after a sale.
- Ask your current landlord for a receipt that lists the exact deposit amount and where it will be held.
- Take dated photos of the unit and keep a copy of your lease and all receipts as evidence.
- Request written confirmation from the buyer or new owner that they received the deposit or that they will hold it on the same terms.
When a new owner takes over
If the buyer becomes the new landlord, they normally step into the existing tenancy and are responsible for the deposit on the same terms as the previous owner. Ask the new owner to provide written proof that they have the deposit, and make sure any change is recorded in writing in your tenancy file. If you need an explanation of typical deposit rules, see Understanding Rental Deposits: What Tenants Need to Know.
If the new owner says they did not receive the deposit, tell both the old and new owners you want a written account of where the deposit funds are. If you cannot resolve the matter informally, you can contact the territory’s tenancy office or file an application with the official adjudicator for residential disputes.[2]
- Contact the Residential Tenancies Office to ask about next steps and available forms.
- Complete any required application or complaint form and attach your receipts and photos as evidence.
- If repairs or condition disputes relate to the deposit deductions, document the problems and keep repair records.
FAQ
- Who is responsible for my security deposit when a rental is sold?
- The deposit remains tied to the tenancy. The seller should transfer the deposit to the new owner or refund you if required. Keep documentation and ask for written confirmation.
- What can I do if the new owner says they never received my deposit?
- Ask both parties for written proof and contact the Residential Tenancies Office to learn how to file an application. Keep all receipts and photos as evidence.
- Are there official forms I need to use?
- Yes. Use the territory’s complaint or application forms to start a dispute and include deposit receipts, photos, and written correspondence as attachments.
How-To
- Document the unit condition with dated photos and keep copies of your lease and deposit receipts.
- Request written confirmation from your current landlord that lists the deposit amount and how it will be handled on sale.
- Ask the new owner for written proof that they have received or will hold the deposit on the same terms.
- If you can’t get confirmation, contact the Residential Tenancies Office for advice and the correct forms.
- File an application or complaint with the adjudicator, attaching receipts, photos, and any written correspondence.
- Keep a clear copy of the decision or settlement and follow any steps required to recover or transfer the deposit.
Key Takeaways
- The deposit remains linked to the tenancy and should be transferred or refunded when ownership changes.
- Get written proof of any transfer and keep dated photos and receipts as evidence.
- Contact Yukon tenancy officials and use official forms if you cannot resolve the issue directly.
Help and Support / Resources
- Government of Yukon – Renting and tenant information
- Residential Tenancies Office, Government of Yukon
- Yukon legislation and official statutes
