Tennessee Security Deposit Law
Posted by Justin Cory on
The state of Tennessee, just like other states, has pretty straightforward security deposit laws. These laws define important things, such as where a landlord stores the deposit, reasons to keep a tenant’s deposit, when to return it after a tenant moves out, and more.
As a landlord, it’s your responsibility to ensure your actions align with the provisions of the law when handling a tenant’s security deposit.
Here are answers to common questions regarding security deposits in Tennessee:
Question #1: Is there a security deposit limit in Tennessee?
Some states limit how much a landlord can charge their tenants as a security deposit. This is, however, not the case in Tennessee. As a landlord, you’re free to charge any reasonable amount.
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