Security Deposit Policy: Residential Tenancies
The Security Deposit Policy explains the maximum a security deposit can be, the process to return it at the end of the lease, and how it can be used against unpaid rent or damages.
This policy outlines the amount landlords can collect as security deposits, the process landlords need to follow when returning security deposits at the end of a lease, and the options for landlords to keep all or part of the security deposits for unpaid rent or damages by the tenant.
Author: Residential Tenancies
Department: Service Nova Scotia