Many renters worry about what happens to their security deposit if a landlord decides to sell the building. This guide explains the rights and practical steps for tenants in Nova Scotia, including when a deposit must be transferred, when you can expect a refund with interest, and what to do if the new owner does not acknowledge your payment. It covers timelines, required notices and official forms, documentation you should keep, and how to apply for dispute resolution if needed. If you are renting, understanding these basics will help protect your deposit and reduce stress during a sale or change of ownership.
What happens to a deposit when the landlord sells?
In Nova Scotia, when a landlord sells a rental property the deposit must either be transferred to the purchaser or returned to the tenant. The Residential Tenancies Program handles disputes and provides forms and guidance[1]. The Residential Tenancies Act sets legal duties for landlords and tenants and explains timelines and interest requirements[2].
Steps tenants should take
- Keep records: written receipts, photos and communications that show you paid a deposit.
- Ask the landlord in writing to confirm whether the deposit was transferred to the buyer or returned.
- Check your bank and ask for a dated receipt if the deposit is returned with interest.
- Get any change of ownership in writing and request contact details for the new owner or property manager.
- Contact the Residential Tenancies Program early if you cannot verify the deposit transfer or refund.
If you need more background on how deposits work generally, see Understanding Rental Deposits: What Tenants Need to Know for common rules and examples.
When the new owner does not acknowledge the deposit
If the purchaser says they did not receive the deposit, you should gather evidence and apply to the Residential Tenancies Program for dispute resolution. Start by asking your former landlord for proof of transfer and keep copies of written requests. If you plan to move, follow the usual move-out inspection and condition documentation.
You can also look for a new rental using external listings if you prefer to move; Find rental homes across Canada on Houseme to compare options.
For tips on recovering a deposit after moving out, see How to Get Your Security Deposit Back with Interest When Moving Out.
How-To
- Contact the seller and the previous landlord in writing to request confirmation of the deposit transfer and any receipts.
- Collect evidence: deposit receipts, bank records, move-in inspection reports and messages.
- File an application with the Residential Tenancies Program using the prescribed form and include copies of your evidence.
- Attend any scheduled dispute resolution hearing and bring originals of your documents.
FAQ
- Will my deposit automatically transfer to the new owner?
- Not always. The seller is responsible for transferring or returning the deposit; if there is no clear transfer, you should ask for written proof and contact the Residential Tenancies Program.
- Can I claim interest on my deposit?
- Yes, under Nova Scotia rules deposits may carry interest; check the Residential Tenancies Act and include interest requests when you ask for a refund.
- What if the new owner denies having the deposit?
- Gather receipts and other evidence, ask the previous landlord for proof of transfer, and apply to the Residential Tenancies Program for dispute resolution.
Key Takeaways
- Keep clear proof of your deposit payment and any receipts.
- Request written confirmation from both seller and buyer about the deposit.
- Contact the Residential Tenancies Program early to protect your rights.
Help and Support / Resources
- Contact: Residential Tenancies Program (Service Nova Scotia)
- Forms and publications for residential tenancies (Service Nova Scotia)
- Residential Tenancies Act (Nova Scotia)
