
lease security deposit laws
Lease security deposit laws require landlords to handle deposits responsibly. Typically, a landlord can request a deposit to cover potential damages or unpaid rent. These deposits must be kept in a separate account and cannot be used for the landlord’s own purposes. After you move out, the landlord must return your deposit, minus any valid deductions, within a timeframe specified by state law—often 14 to 30 days. They must provide an itemized list of deductions if any are made. Laws vary by state, so it's important to check local regulations regarding deposit amounts, interest, and deadlines.