The transit of infected animals may be a route for the introduction and dispersal of diseases, which necessitates protocols for the controlled entry of infected animals into herds. The objective of this study was to determine the prevalence of anti-Leptospira and anti-Brucella ovis antibodies in small ruminants sold at an animal fair in the Sertão region of the Pernambuco State, Northeastern Brazil, and to identify the possible risk factors associated with seropositivity. Serum samples were collected from 233 goats and 119 sheep, belonging to twelve different owners from November 2014 to June 2015. Diagnosis of Leptospira spp. infection was established using the microscopic agglutination test (MAT); for B. ovis infection, the agar gel immuno-diffusion (AGID) test was conducted. A total of 16/233 (6.87%; 95% CI = 4.27% – 10.83%) goats and 16/119 (13.45%; 95% CI = 8.67% – 21.24%) sheep were identified as seropositive for Leptospira spp. The most frequent serotype was Icterohaemorrhagiae. In goats, intensive management system (odds ratio = 15.8; p < 0.001) and consorted rearing of equines and goats (odds ratio = 7.3; p = 0.005) were identified as risk factors. There were no risk factors identified for sheep. Seven (5.88%; 95% CI = 2.88% – 11.65%) sheep were seropositive for B. ovis, and the intensive management system was identified as the risk factor (odds ratio = 11.5; p = 0.005). This suggests that Leptospira spp. and B. ovis infections occur in small ruminants commercialized in the Sertão region of the Pernambuco State. Thus, improvements to the sanitary conditions of the facilities and the control of synanthropic rodents are recommended.