Recovering Interest on Security Deposits

Security deposits can represent a significant amount of money for an Alberta renter, especially when interest has accumulated during a long tenancy. Alberta landlords generally must hold a security deposit in accordance with provincial rules and pay interest at the prescribed rate when it is due. If you are moving out, review your lease, request a written accounting, and compare the amount returned with the deposit and interest owed. This guide explains how tenant rights work, how to calculate a claim, what evidence to keep, and how to apply to the Residential Tenancy Dispute Resolution Service (RTDRS) if you and your landlord cannot agree. For background, see Understanding Rental Deposits: What Tenants Need to Know.