Newfoundland and Labrador Deposit Rules (2026)
NL allows a security deposit of up to three-quarters of one month's rent. It is held in trust and returned (less valid deductions) shortly after the tenancy ends.
Governing law: Residential Tenancies Act, 2018, S.N.L. 2018, c. R-14.2
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Three-quarters of a month
The security deposit cannot exceed 75% of one month's rent.
Held in trust
The deposit is held in trust by the landlord, separate from operating funds.
Return timeline
After the tenancy ends, the landlord must return the deposit or account for deductions within the statutory period.
Allowed deductions
Unpaid rent and damage beyond normal wear and tear.
Disputes
An adjudicator resolves deposit disputes.
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