Alberta landlords could have the option of returning tenants’ security deposits through electronic channels if a proposed amendment to the provincial Residential Tenancies Act (RTA) is adopted. The enabling legislation is part of a package of changes to 14 provincial statutes recently introduced in Bill 21, the Red Tape Reduction Statutes Amendment Act.

The RTA dictates that landlords are to make applicable security deposit reimbursement and provide related documentation within 10 days of a tenant giving up possession of a unit. This is currently prescribed to be delivered personally, through an agent or sent through regular or registered mail.

Reflective of the growing use of e-commerce, the proposed amendment would provide flexibility to “deliver in any other manner agreed to in writing by the landlord and tenant”.

Accompanying rationale for the amendment maintains that electronic delivery will eliminate potential costs and delays of returning the security deposits through the traditional means. It also aligns with the Alberta government’s stated policy of supporting digital solutions.