Understanding Real Estate Trust Deposits in Nova Scotia: A Halifax Buyer’s Guide

Buying a home in Halifax and wondering where your earnest money actually goes? In Nova Scotia real estate, a trust deposit isn't just a formal gesture—it is a legally protected payment held in a neutral account until closing day. From standard deposit amounts in the HRM to what happens if a deal falls through under inspection conditions, here is everything you need to know about how trust deposits work in Nova Scotia.