North Carolina Security Deposit Laws

North Carolina sets security deposit limits based on the type of tenancy — up to 1.

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Key Rules

Limit
Up to 1.5 months rent (month-to-month); up to 2 months rent (term lease)
Return Deadline
30 days (or 60 days if damage is extensive) after tenant vacates
Itemization Required
Yes — written itemized statement of deductions required
Interest Required
No
Bad Faith Penalty
Tenant may recover deposit in full plus reasonable attorney's fees for bad-faith withholding

Applicable Statutes

N.C. Gen. Stat. § 42-51

Security deposit limits by unit type: week-to-week tenancy — 2 weeks rent; month-to-month — 1.5 months rent; longer term leases — 2 months rent maximum.

N.C. Gen. Stat. § 42-52

Return of security deposit: landlord must return deposit within 30 days (60 days if damage is extensive) with itemized statement of deductions.

Legal Aid Resources

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