Maryland Security Deposit Laws
Maryland caps security deposits at two months' rent and requires landlords to pay simple interest on deposits held for 6 months or more.
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Key Rules
- Limit
- 2 months' rent
- Return Deadline
- 45 days after tenancy ends
- Interest Required
- Yes — simple interest at 1.5% per year for deposits held 6 months or more
- Itemization Required
- Yes — written itemized statement required
- Penalty For Wrongful Withholding
- Landlord liable for up to three times the wrongfully withheld amount plus attorney fees
Applicable Statutes
Security deposit limit and return: deposit may not exceed two months' rent. Landlord must return deposit within 45 days after tenancy ends, with itemized deductions.
Md. Code, Real Prop. § 8-203.1
Interest on security deposits: landlord must pay simple interest on deposits at a rate set by regulation (currently 1.5% per year for deposits held 6 months or more).
Legal Aid Resources
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Not Legal Advice. This site provides general educational information only — not legal counsel. Laws vary by location. Consult a qualified attorney for advice on your specific situation.