Information last updated: July 8, 2024.

Understanding security deposit laws is essential for every residential landlord. Every state—and sometimes county and municipality—has distinct regulations for how to operate legally. Understanding these requirements plays a crucial role in your ability to mitigate risk. For example, in certain jurisdictions, such as Hawaii and Massachusetts, courts may award tenants triple the amount of the damages where security deposits are mishandled. 

Explore our dynamic map to see a state-by-state breakdown of the relevant information, including how much you can charge, how long you have to return the deposit, the proper ways to hold it, and how to handle interest. When available, we’ve included details specific to counties or municipalities at the bottom of each state description.

Let's dive in and explore how security deposits are generally handled across the United States.

TheGuarantors is not a law firm and cannot offer legal advice. The content contained herein is for information purposes only, and TheGuarantors does not guarantee it’s error-free. Additionally, many states and localities are revisiting Landlord-Tenant laws, so be sure to ask your counsel about any recent developments in security deposit obligations.  

Have an edit to recommend? Email us here.