Sublease Deposit Agreement Template for Canada

1. Interest on Deposit: Required in provinces where interest must be paid on deposits; specifies interest rate and payment terms

2. Original Landlord Acknowledgment: Include when the original landlord needs to acknowledge and approve the deposit arrangement

3. Insurance Requirements: Include when specific insurance coverage is required as part of the deposit arrangement

4. Property Condition: Include when the deposit is specifically tied to property condition requirements

5. Multiple Subtenant Provisions: Include when there are multiple subtenants sharing responsibility for the deposit

6. Early Termination Provisions: Include specific provisions for deposit handling in case of early termination

1. Schedule A - Property Inspection Report: Detailed documentation of property condition at the start of sublease

2. Schedule B - Payment Details: Banking or payment processing information for deposit payment and return

3. Schedule C - Deposit Calculation: Breakdown of deposit amount including any applicable taxes or fees

4. Appendix 1 - Photo Documentation: Photographic evidence of property condition (if applicable)

5. Appendix 2 - Original Lease Reference: Relevant excerpts from the original lease agreement affecting the deposit

6. Appendix 3 - Deposit Return Checklist: Itemized list of conditions that must be met for deposit return