Maryland Security Deposit Law (2026): Deadlines, Interest & Penalties
Wondering when your Maryland security deposit is due back? The statute — Md. Real Prop. § 8-203 — sets the return window at 45 days from the end of your tenancy, and the landlord must pay interest of 3% per year on the deposit. If the money doesn't arrive on time, the exposure for the landlord is up to 3x deposit + attorney fees. The calculator above works out your deadline, interest, and penalty figures automatically.
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Maryland Deposit Rules at a Glance
| Return deadline | 45 days after move-out Standard deadline applies. |
|---|---|
| Interest on deposit | 3% per year Deposits >= $50 |
| Separate account required | Yes |
| Deposit limit | 1 month's rent (effective Oct 2024) |
| Penalty for violations | Up to 3x deposit + attorney fees Attorney fees / court costs may also be recoverable |
Maryland Security Deposit FAQ
How long does a landlord have to return a security deposit in Maryland?
In Maryland, a landlord must return the security deposit within 45 days after the tenancy ends, under Md. Real Prop. § 8-203. Note: Standard deadline applies..
Does my landlord owe me interest on my security deposit in Maryland?
Under Md. Real Prop. § 8-203, a Maryland landlord must pay interest of 3% per year on the deposit. Rate details: 1.5% per 6 months (3%/yr simple).
What is the penalty if a landlord misses the deposit deadline in Maryland?
Up to 3x deposit + attorney fees. The tenant may also be able to recover attorney fees or court costs. The governing statute is Md. Real Prop. § 8-203.
Is there a limit on how much a landlord can charge as a security deposit in Maryland?
Yes. In Maryland, the security deposit is limited to 1 month's rent (effective Oct 2024).
Does a Maryland landlord have to keep my deposit in a separate account?
Yes. Maryland law requires landlords to hold security deposits in a separate account, per Md. Real Prop. § 8-203.
Are there exceptions to the 45-day deposit deadline in Maryland?
Yes — the deadline can vary: Standard deadline applies.. When in doubt, check the statute itself (Md. Real Prop. § 8-203) or ask a local tenant-rights organization.
When does the interest requirement apply in Maryland?
Interest applies under these conditions: Deposits >= $50. See Md. Real Prop. § 8-203 for the full rule.
What can I do if my landlord won't return my deposit in Maryland?
First, send a written demand letter citing Md. Real Prop. § 8-203 — our free generator creates one with your amounts filled in. If the landlord still doesn't pay, you can usually file in small claims court, where the penalty exposure is up to 3x deposit + attorney fees.