Northwest Territories Deposit Rules (2026)
NWT caps the security deposit at one month's rent, payable in installments. It is held with interest and returned within a set period after the tenancy ends.
Governing law: Residential Tenancies Act, R.S.N.W.T. 1988, c. R-5
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One month maximum
The security deposit cannot exceed one month's rent and may be paid in installments.
Interest
The deposit earns interest at a set rate, payable to the tenant.
Inspections
Condition reports support any deductions.
Return timeline
The landlord must return the deposit or account for deductions within the statutory period after move-out.
Allowed deductions
Unpaid rent and damage beyond normal wear and tear.
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