Tennessee has no deposit cap. Refund is due within 30 days of termination. A separate account is required; URLTA coverage and exact rules need full statutory verification of §66-28-301.
Last verified: 2026-10-10
Max deposit
—
no statutory cap
Return deadline
30
days after tenancy ends
Interest required
No
not required
Separate account
Required
Maximum Security Deposit
No statutory maximum
No statutory cap identified in T.C.A. §66-28-301.
Return Deadline
30 days
Within 30 days after termination per T.C.A. §66-28-301.
Interest on Deposit
Not required
No interest requirement identified in T.C.A. §66-28-301.
Separate Account Required
Required
Separate account required per T.C.A. §66-28-301; URLTA applicability and exact account rules need full verification.
⚖️ Permitted Deductions
Unpaid rent; damages exceeding normal wear and tear.
Frequently Asked Questions
How much can a landlord charge for a security deposit in Tennessee?
Tennessee does not set a statutory maximum for security deposits. Landlords and tenants may agree to any amount in the lease. No statutory cap identified in T.C.A. §66-28-301.
How long does a landlord have to return the security deposit in Tennessee?
Tennessee landlords must return the security deposit — or provide a written itemized statement of deductions — within 30 days after the tenancy ends. Within 30 days after termination per T.C.A. §66-28-301.
Does Tennessee require landlords to pay interest on security deposits?
No. Tennessee law does not require landlords to pay interest to tenants on security deposits. No interest requirement identified in T.C.A. §66-28-301.
Must Tennessee landlords keep security deposits in a separate bank account?
Yes. Tennessee requires landlords to hold security deposits in a separate account. Separate account required per T.C.A. §66-28-301; URLTA applicability and exact account rules need full verification.
Automate security deposit compliance
Property management software handles deposit tracking, deadline reminders, itemized deduction statements, and compliant separate account requirements automatically — so you never miss a Tennessee deadline.
This page is for informational purposes only and is not legal advice. Security deposit laws change — always verify the current statute or consult a licensed attorney in Tennessee before making decisions. Official source: see your state legislature website. Last reviewed: 2026-10-10.