Security Deposit
Money held by a landlord during a tenancy as security against unpaid rent, property damage beyond normal wear and tear, or other lease violations, with most jurisdictions imposing caps and return deadlines.
What it means
Security deposits are governed almost entirely by state law. Caps vary — California limits most landlords to one month's rent (AB 12, effective 2024); Texas imposes no statutory cap. Return periods range from 14 to 60 days after move-out, with itemized deductions required in writing. Misuse or improper withholding typically triggers statutory penalties — often double or treble damages plus attorney fees.
State-by-state
Security Deposit is treated differently depending on jurisdiction. These guides cover the state-specific statutes and disclosures:
- Security Deposit in California
- Security Deposit in New York
- Security Deposit in Texas
- Security Deposit in Florida
Read more
- Lease Agreement Guide: What Every Landlord and Tenant Needs to Know (2026) — A lease agreement is a legally binding contract between a landlord and tenant. Learn what clauses to include, how state laws differ, and how to avoid costly mistakes.
- Real Estate Contracts: Buyer & Seller Guide [2026] — Real estate contracts explained: contingencies, disclosures, earnest money, and the clauses that protect you. A plain-English guide for buyers and sellers.