A monthly lease does not have a predetermined date on which it ends. The rental agreement continues until the tenant correctly indicates the extract or until the lessor ends the lease by law. Section 1 of the Residential Tenancy Act (RTA) designates a monthly lease as a “periodic lease”. Monthly rentals are by far the most common type of periodic rental, but a lease can also be established weekly or on other periodic basis. If you have signed a fixed-term rental agreement, pay particular attention to what is written in the agreement about what happens at the end of the period. There are 3 possibilities: If a housing rental contract ends and a tenant has co-submitted his transmission address in writing to the lessor, the lessor must recover all the deposits plus any interest, unless the tenant agrees in writing to authorize the lessor to keep all or part of the deposit, or an arbitrator orders the landlord to keep the deposit. 11 A lessor shall ensure that any lease entered into or renewed by the lessor on or after the date of coming into force of the Act corresponds to that part. A temporary tenancy agreement may not be interrupted earlier than the date fixed, except in three cases: (d.1) for a dismissal under point 45.1 [Tenant`s declaration: domestic violence or long-term care] may be accompanied by a declaration in accordance with point 45.2 [confirmation of eligibility] and (5) An agreement referred to in paragraph (4) may provide, in accordance with the rules, the reduction or cancellation of the sentence under the conditions; that the Director considers necessary or desirable. In the event of early termination of a lease due to domestic violence, here you will find some common examples of third parties: a surety – often called a “damage bond” – is money that a landlord contracts at the beginning of a lease and maintains it until the end of the lease. In accordance with Article 19(1) of the RTA, the maximum amount that a lessor may charge for a deposit is half of the monthly rent. If your landlord asks for a deposit, you must pay it within 30 days from the date it is to be paid. (b) does not contain any term expressly authorizing the smoking of cannabis, (b) the right of a person who has an interest or right to property or the right of the owner; if the termination of the rental agreement is carried out in accordance with Article 47 [notification of lessor: cause] and 19 (1) A lessor may not require either a deposit or a deposit for pets greater than the equivalent of 1/2 of the monthly rent to be paid after the rental agreement. .