Unless otherwise agreed, a lessor who transfers premises containing a rental housing unit in good faith to a bona foi buyer is exempt from liability under the lease agreement and this chapter for events occurring after the tenant was notified of the transfer. Unless otherwise agreed, a manager of premises containing a residential unit is exempted from the liability of the rental agreement and this chapter for events occurring after written notification to the tenant of the cessation of its management. K. A tenant who first opts for damage insurance rather than a deposit may at any time choose, without the agreement of the lessor, to pay the full deposit to the lessor instead of maintaining damage insurance. The lessor may not change the rental conditions if a tenant chooses to pay the full amount of the deposit in accordance with this subsection. “demand bond” means any refundable security of any money, including any funds intended to be used as a surety under a rental agreement, or property paid by a tenant to a lessor to be considered a tenant for a residential unit. The deposit is respected for the payment of items that have been damaged beyond reasonable wear and tear and for late or unpaid invoices or fees. The lessor has 45 days from the end of the lease to inspect the unit, carry out qualified repairs and return the balance plus interest, if applicable. Section 55-248.15:1 of the Act addresses this issue. There are, however, some important exceptions.

In some cases, you may withdraw from the premises prematurely before the end of the rental period and you do not have to comply with the flat-rate obligation to pay the rent for the entire duration of the rental. One. In an action for ownership based on non-payment of rent or in a rental action brought by a lessor when the tenant is detained, the tenant may argue, in defence, that there is on the leased land a condition that presents or will represent a risk of fire or a serious threat to the life, health or safety of the occupants of the housing unit, including (i) lack of heat, running water, light, electricity or appropriate sanitation facilities; (ii) rodent infestations; or (iii) a condition that constitutes a material breach of the lease agreement or legal provisions on the part of the lessor. . . .