How long does a landlord have to return a security deposit in Maryland?

In Maryland, a landlord has 45 days after the tenancy ends to return the security deposit, together with an itemised statement of any deductions. Maryland also requires interest to be paid on the deposit: Simple interest at the greater of 1.5 % a year or the daily U.S. Treasury yield curve rate for 1 year as of the first business day of the year, accruing monthly, owed once the deposit has been held 6 months, on deposits of $50 or more. This is Md. Code, Real Prop. § 8-203.

WhatMaryland
Deadline to return45 days
Itemized statement requiredYes
Interest payable to the tenantYes

Source

Md. Code, Real Prop. § 8-203

Read the statute in the Maryland Code (Maryland General Assembly): mgaleg.maryland.gov.

This is a summary of a published statute, not legal advice. Rules change, local ordinances can add to them, and the terms of a specific lease may differ. Check the citation and speak to a lawyer before acting.

How Seayora uses this rule

Seayora computes the deadline this rule sets from the tenancy’s own dates, shows it on the deposit statement, and reminds the landlord before it falls due — so the answer above is not reference material sitting beside the product, it is the rule the product enforces.

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