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Winner of the 2007 Alberta Consumer Champion Award of Distinction
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Funding from the Alberta Real Estate Foundation gratefully acknowledged.
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Home > Moving In > Just the Facts > Security Deposits
Security Deposits
A security deposit is something that you give to your landlord at the start of a tenancy on the understanding that it will be returned if you keep certain conditions. The conditions will depend upon the reason that the landlord asks for a security deposit. Usually the reason will be to make sure that the rented property is returned in good condition.
Most often a security deposit is a sum of money, but it can also be an item of property.
May 2005
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