Yukon Security Deposit Laws: Rules for Landlords (2026)
Complete guide to Yukon security deposit rules: limits, return deadlines, allowable deductions, pet deposits, and condition inspection requirements for landl...
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Security deposits are one of the most common sources of landlord-tenant disputes in Yukon. The Residential Tenancies Act (effective September 1, 2025) sets clear rules on how much can be collected, how it must be handled, and when it must be returned. Understanding these rules helps Yukon landlords protect their investment while avoiding costly disputes.
in yukon
Landlord collects a security deposit not exceeding one month’s rent at the time of signing the standard tenancy agreement.
Before or on the move-in day, both parties complete and sign a mandatory condition inspection report.
The landlord safely holds the deposit for the duration of the tenancy.
Tenant vacates and provides a forwarding address in writing.
Both parties conduct a final condition inspection, noting any damages beyond normal wear and tear.
Within 15 days, the landlord must return the deposit or apply to the RTO to retain it.
Security Deposit Limits
Landlords are limited to one security deposit per tenancy, regardless of how many tenants are added to the lease over time. If rent increases after the tenancy begins, the landlord cannot demand a top-up to match the new rent level.
Pet Damages Deposits
The 2025 Residential Tenancies Act introduced Yukon's first statutory framework for pet deposits. Landlords may now collect a separate pet damage deposit of up to half a month's rent if a tenant has a pet. This must be documented in the tenancy agreement.
Condition Inspection Reports
Before a tenant moves in, both landlord and tenant must complete a joint condition inspection of the rental unit and sign a Condition Inspection Report. A second inspection must occur when the tenancy ends.
The landlord must provide the tenant with a copy of the move-in inspection report within 14 days. Failure to conduct the inspection may limit the landlord's ability to make deductions from the deposit.
Allowable Deductions
Landlords may deduct from the security deposit for:
- Unpaid rent — Amounts the tenant owes at the end of the tenancy
- Damage beyond normal wear and tear — Tenant-caused damage documented in the condition inspection report
- Cleaning costs — If the unit is left in a condition requiring professional cleaning beyond normal use
- Other outstanding charges — As specified in the tenancy agreement and permitted by law
Normal wear and tear — such as minor scuffs on walls, faded paint, or worn carpet from regular use — is not deductible.
Return Deadline
Landlords must return the security deposit, plus any accrued interest, within 15 days of the later of:
- The end date of the tenancy, or
- The date the landlord receives the tenant's written forwarding address or e-transfer information
If the landlord fails to return the deposit or apply for dispute resolution within the 15-day window, they forfeit all claim to the security deposit.
Deposit Interest
Security deposits in Yukon accrue interest, which must be calculated and returned to the tenant along with the principal when the deposit is refunded.
Withholding the Deposit
If a landlord wants to keep all or part of the security deposit, they must either:
- Obtain the tenant's written agreement, or
- Apply to the Residential Tenancies Office (RTO) for dispute resolution
Landlords cannot unilaterally withhold the deposit. If the tenant does not receive their deposit within 15 days, they can file their own application with the RTO.
Prohibited Use
Tenants cannot use the security deposit as their last month's rent unless the landlord gives written consent.
How to Stay Compliant
Best practices for Yukon landlords:
- Document everything — Complete the condition inspection report thoroughly at move-in and move-out with photos.
- Deposit in writing — Record the deposit amount in the signed tenancy agreement.
- Track interest — Keep records of when the deposit was received to calculate accrued interest at move-out.
- Return promptly — Get the tenant's forwarding address in writing on the day they vacate to start the 15-day clock.
- File for dispute resolution — If you have legitimate deductions, file with the RTO within 15 days rather than withholding unilaterally.
Elevate Your Yukon Property Management
Adhering to Yukon's Residential Landlord and Tenant Act or complex commercial lease frameworks requires a precise and highly resilient operational strategy. Overlooking the 15-day security deposit return deadline, the 12-month minimum rent increase interval, or proper RTO eviction notices can result in significant financial penalties, delayed proceedings, and loss of revenue. Landager delivers a streamlined, comprehensive property management solution that automates key compliance workflows. From tracking the exact delivery times for standard lease obligations to executing sophisticated operational analytics, Landager seamlessly manages your entire Yukon portfolio, empowering landlords in Whitehorse and beyond to maximize efficiency and fundamentally eliminate compliance vulnerabilities.
Back to Yukon Landlord-Tenant Laws Overview.
Landager helps landlords log condition inspections, track deposit balances with interest, and generate move-out documentation — all in one place. Learn more about Landager.
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