Publications

Security deposit interest rate change, effective January 1, 2024

Description

This information sheet explains the change to the security deposit interest rate as of January 1, 2024. It includes information on when and how the interest on a security deposit must be paid to the tenant, along with examples of how to calculate the interest and a link to an online interest rate calculator.

Updated

November 29, 2023

Tags
damage deposit interest rate calculator interest rates landlords security deposit interest rates security deposits

Title and publication information

Type
Fact Sheet
Alternative Title

Security deposit interest rate change

Extent

2 pages

Frequency

Once

Publisher / Creator Information

Publisher

Service Alberta and Red Tape Reduction

Subject Information

Resource Dates

Date Created

2023-11-29

Date Added

2023-12-04T15:21:29.075398

Date Modified

2023-11-29

Date Issued

2023-12-04

Audience information

Identifiers

Usage / Licence

Contact

Contact Name

Service Alberta and Red Tape Reduction