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Landlord and Tenant Information for Albertans

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You are here: Home / Security Deposits / FAQ – What is the maximum amount a landlord can ask for a security deposit?

FAQ – What is the maximum amount a landlord can ask for a security deposit?

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A security deposit cannot be more than one months rent. The amount is based on the rent charged at the start of tenancy. If the landlord increases rent, they cannot increase the deposit amount.

A security deposit plus any refundable fees (e.g., a refundable key fee), must total one months rent or less. Non-refundable, one-time fees do not form part of the security deposit. The security deposit plus any non-refundable fee can be more than one months rent.

It is important to read the lease carefully, or understand any oral agreement you have. That way, you can determine what forms part of the security deposit and what does not.

March 2020

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  • About
    • About CPLEA and Disclaimer
    • Copyright Statement
  • Topics
    • Legislation
    • Leases and Agreements
    • Security Deposits
    • Inspection Reports
    • Responsibilities
    • Roommates, Subletting, and Assignment
    • Repairs
    • Notices
      • Eviction Notice (Notice of Termination of Tenancy for Substantial Breach)
      • Notice of Objection to an Eviction Notice
      • Notice of Entry by the Landlord
      • Notice of Landlord
      • Notice of Rent Increase
      • Notice of Termination of a Periodic Tenancy for Allowable Reasons
      • Notice to End a Periodic Tenancy
      • Tenant’s 14 Day Notice to Terminate Tenancy
    • Dispute Resolution
  • Resources
  • FAQs
  • Glossary
  • Find Help
    • Forms
    • Legal Advice
    • Government & Court Services