Canada · PE

Prince Edward Island landlord-tenant laws.

The key statutes you need to know as a Prince Edward Island landlord, deposit caps, late fees, entry notice, and required disclosures at a glance.

Security deposit

1 month's rent (1 week if rent is paid weekly)

Return: 15 days (with interest)

Late fees

Set by the Act and regulations

Entry notice

24 hours

Termination notice

2 months (yearly) / 1 month (month-to-month)

Rent control

Yes (annual allowable increase set by the Director; by law no more than 3%)

Required disclosures

Every Prince Edward Island residential lease must include these disclosures where applicable. Missing required disclosures can void clauses or trigger statutory penalties.

  • Standard form rental agreement

Notable Prince Edward Island quirk

The yearly allowable rent increase is capped by statute at 3%, and disputes go to the Director of Residential Tenancy, with appeals to IRAC.

Prince Edward Island landlord law FAQ

How much can a landlord charge for late rent in Prince Edward Island?

Set by the Act and regulations. Late fee terms should always be written into the lease.

What is the security deposit limit in Prince Edward Island?

1 month's rent (1 week if rent is paid weekly). Deposit return deadline: 15 days (with interest).

How much notice does a landlord need to enter a rental in Prince Edward Island?

24 hours.

Is there rent control in Prince Edward Island?

Yes (annual allowable increase set by the Director; by law no more than 3%).

Sources

Summarized from public statutes, state bar guides, and provincial residential tenancy acts.

This page is general information, not legal advice. Consult a local attorney for your specific situation.

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Baked in

Prince Edward Island-compliant leases, automatically.

TenantFort loads the right lease template with Prince Edward Island deposit language, disclosures, and termination terms baked in. Screening, leases, and compliance, all in one place.

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