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Bryan StattJan 17, 2025 4:29:16 AM2 min read

Do security deposits on rental properties have to be held in an interest-bearing account for the benefit of the tenant?

Do security deposits on rental properties have to be held in an interest-bearing account for the benefit of the tenant?

*This information is produced for members of the Alberta Real Estate Association as best practice. The content may be time, location or situation-specific.
Bryan Statt
Provincial Practice Advisor
Bryan has many years of experience in the real estate industry including over 10 years as a former broker in the Edmonton Region.

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