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Landlord Guide NC - Updated 2025

North Carolina Landlord Security Deposit Guide

Everything North Carolina landlords need to know about collecting, holding, and returning security deposits legally.

Max Deposit

2 months rent (or 1.5 for month-to-month)

Return Deadline

30 days

Separate Account

Required

Interest

Not Required

North Carolina Landlord Checklist

Collecting
  • Maximum: 2 months rent (or 1.5 for month-to-month)
  • Provide written receipt
  • Deposit in separate account
  • Document move-in condition
  • Take dated photos
Deducting
  • Only for damage (not wear)
  • Keep repair receipts
  • Get multiple quotes
  • Itemize all deductions
  • Document with photos
Returning
  • Deadline: 30 days
  • Include itemized statement
  • Mail to forwarding address
  • Keep proof of mailing

Penalty for Non-Compliance: Actual damages

If you fail to return the deposit or itemized statement within 30 days, or wrongfully withhold the deposit, you may face:

  • Actual damages
  • Payment of tenant's attorney fees
  • Court costs if tenant sues
  • Loss of right to make deductions

Create North Carolina Security Deposit Documents

Generate compliant deposit receipts, inspection forms, and deduction letters.

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