Security Deposit Laws

Security deposit laws vary by location but generally regulate the amount landlords can collect upfront from tenants to cover potential damages or unpaid rent. Typically, landlords must return the deposit within a specific timeframe after the lease ends, often minus any justified deductions for cleaning or repairs. Many jurisdictions require landlords to provide an itemized list explaining any deductions. Laws also often limit the maximum amount a landlord can charge and may require deposits to be held in separate accounts. Familiarizing yourself with local laws can help protect your rights as a tenant or landlord.