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Time for a Tenant to Give Up PossessionThe rules for either returning a security deposit or an accounting of the use of the deposit to a tenant, state that it must be done within a certain number of days after the tenant gives up possession of the premises. It is therefore important to determine that particular date. The circumstances may vary as to when a tenant is considered to have given up possession of the premises. The tenancy agreement might say when a tenant is assumed to have given up possession, for example, at a certain date or when the keys are returned. If the agreement does not mention this, the Residential Tenancies Act provides that if the tenant has paid rent to the end of the tenancy and still has keys, he is not considered to have given up possession unless:
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