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Alberta · Interactive tool

Calgary deposit interest and disposition planner

The 10-day clock from move-out, the statement of account, and the annual trust-account interest at Alberta's prescribed rate for each year (0% for 2026, so recent years accrue nothing). Deductions are entered as claims and shown separately; without both inspection reports the planner refuses to net them, because the Regulation does.

Statement and refund due

Not yet running

The 10-day clock starts when the tenant vacates; enter that date when known.

Refund on these entries

$1,888.85

Deposit $1,850.00 + interest $38.85

Interest by anniversary year (trust account)

FromToPrescribed rateInterest
Jun 1, 2023Jun 1, 20241.6%$29.60
Jun 1, 2024Jun 1, 20250.5%$9.25
Jun 1, 2025Jun 1, 20260%$0.00

Simple interest at the prescribed rate for the year the anniversary falls in (2024 1.6%, 2025 0.5%, 2026 0% — alberta.ca, fetched 29 Sep 2026). Paid annually unless the parties agreed in writing to compound and pay at the end. Next anniversary Jun 1, 2027.

1Move-out inspection reportWithin one week before or after the tenant moves out; both present (or two offers made); signed; copy to the tenant. Without it, no deductions.
2Statement of account within 10 daysDate set once the tenant vacates. Return the balance with interest, or an estimated statement and the undisputed balance, final statement within 30 days.
3Disputed or missed?The tenant may apply to the RTDRS for the deposit, interest and damages; a landlord who cannot deduct may apply for damages. Not a step; a consequence.
Continue in the deposit guide →Evidence checklist