New Brunswick landlords can ask for a security deposit of up to one month's rent. Work out the limit for your rent and the interest owed.
Largest total deposit allowed
$1,800.00
The most a landlord can ask for is $1,800.00. The tenant earns no interest on it.
| Deposit limit | Up to one month's rent. The landlord does not keep the deposit: it must be sent to the Tenant and Landlord Relations Office within 15 days, which holds it in trust. |
|---|---|
| Pet deposits | The Act does not allow any deposit beyond the one security deposit, which is capped at one month's rent. |
| Interest | No interest is paid to tenants. Interest earned on held deposits belongs to the province. |
| Returning the deposit | The Tenant and Landlord Relations Office returns the deposit, not the landlord. A landlord who wants to claim part of it must apply within seven days after the tenancy ends. |
| Disputes | Tenant and Landlord Relations Office |
The calculator multiplies the monthly rent by the fraction of a month the province allows and rounds down to the cent.
Largest security deposit = monthly rent x 1, rounded down to the centSay the rent is $1,800 a month.
| Step | How | Result |
|---|---|---|
| Security deposit | $1,800 x 1 | $1,800.00 |
| Largest total deposit | Same as above | $1,800.00 |
The most a landlord can ask for is $1,800.00. The tenant earns no interest on it.
This page explains the general rules for private rentals and is not legal advice. Rules differ for some kinds of housing, and they change. For a specific situation, check with the Tenant and Landlord Relations Office.
Checked against these official sources on September 27, 2026:
Up to one month's rent. The landlord does not keep the deposit: it must be sent to the Tenant and Landlord Relations Office within 15 days, which holds it in trust.
The Act does not allow any deposit beyond the one security deposit, which is capped at one month's rent.
No interest is paid to tenants. Interest earned on held deposits belongs to the province.
The Tenant and Landlord Relations Office returns the deposit, not the landlord. A landlord who wants to claim part of it must apply within seven days after the tenancy ends.
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