Virginia Security Deposit Laws
Virginia caps security deposits at two months' rent and requires deposits to be held in an escrow account.
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Key Rules
- Limit
- 2 months' rent maximum
- Return Deadline
- 45 days after termination of tenancy
- Itemization Required
- Yes — written itemized statement of deductions required
- Interest Required
- Yes — deposit must be placed in an escrow account; interest must be paid to tenant if deposit held more than 13 months
- Bad Faith Penalty
- Tenant may recover actual damages plus reasonable attorney's fees for bad-faith withholding
Applicable Statutes
Security deposit limit: maximum two months' rent. Deposit must be returned within 45 days after the termination of tenancy with an itemized written statement of deductions.
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.