Interest on Security Deposits in Nova Scotia

Renters in Nova Scotia often wonder whether landlords must pay interest on security deposits and how to get that money back. This guide explains the province's approach in plain language, including who is eligible for interest, how interest is calculated, what deadlines to watch, and the paperwork or applications a tenant may need to file. It also explains practical steps you can take before moving out, when to request a return, and what to do if a landlord does not respond. The aim is to give tenants clear, usable steps and links to the official Residential Tenancies Program and legislation so you can act confidently when handling your security deposit in Nova Scotia.

How interest works in Nova Scotia

Interest on security deposits in Nova Scotia is governed by provincial tenancy law and the specific terms of your lease. The Residential Tenancies Act contains the definitive rules and how they apply to deposits and interest; review the legislation for exact obligations and definitions.^[1]

What tenants should check

Start by checking your lease for any clause about deposits and interest. For general context on deposits and tenant protections see Understanding Rental Deposits: What Tenants Need to Know.

• Read your lease for any written promise about interest on the deposit.
• Document the unit condition with dated photos and keep receipts for rent and repairs.
• Send a written request for the deposit return and set a reasonable deadline for a reply.
• If the landlord does not return the deposit or pay interest, complete the Application for Dispute Resolution and submit it to the Residential Tenancies Program with supporting evidence.^[2]

Filing a dispute and required forms

If informal requests do not work, the usual next step is an application to the provincial Residential Tenancies Program. The common form is the Application for Dispute Resolution; the official forms page lists the current form name and any form number and shows how to submit it online or by mail.^[2] When you file, explain the amount you are claiming, include copies of receipts and photos, and state whether you are seeking interest as well as the deposit. For practical moving-out steps and examples of evidence, see How to Get Your Security Deposit Back with Interest When Moving Out. You can also compare local rents when preparing evidence by using a national listings tool such as Find rental homes across Canada on Houseme.

FAQ

Do landlords in Nova Scotia have to pay interest on security deposits?

Interest rules for security deposits are set out in provincial law and may depend on the lease and the Residential Tenancies Act; contact the Residential Tenancies Program for specifics.

How can I prove I am owed interest on my deposit?

Keep copies of your lease, dated photos of the unit at move in and move out, rent receipts, and written requests to the landlord. Use these items when you apply to the Residential Tenancies Program.

How-To

1. Check your lease and note any deposit or interest clauses.
2. Calculate the interest you think is owed using the lease terms or provincial guidance and keep a clear record of your math.
3. Request the deposit and interest in writing and attach evidence such as photos and receipts.
4. If the landlord does not comply, file the Application for Dispute Resolution with the Residential Tenancies Program and include your evidence.^[2]
5. Attend any scheduled hearing or mediation and present your documentation clearly and concisely.

Help and Support / Resources

• Residential Tenancies Program (contact and tenant information)
• Residential Tenancies Act (Nova Scotia) — legislation

---

1. [1] Residential Tenancies Act (Nova Scotia)
2. [2] Residential Tenancies Program — Forms and how to apply