Deposit rules / Vermont

Vermont security deposit rules

Vermont sets no statutory limit on the size of a security deposit. The deposit must be returned deposit and itemized statement returned within 14 days after the landlord discovers the tenant vacated (or the move-out date the tenant gave); 60 days for seasonal rentals not used as a primary residence. No interest is owed on the deposit under state law.

Maximum deposit
No limit
No statutory limit
Return deadline
14 days
Deposit and itemized statement returned within 14 days after the landlord discovers the tenant vacated (or the move-out date the tenant gave); 60 days for seasonal rentals not used as a primary residence
Interest
Not required
Statute

What the law requires

9 V.S.A. § 4461

No statutory limit. Returned Deposit and itemized statement returned within 14 days after the landlord discovers the tenant vacated (or the move-out date the tenant gave); 60 days for seasonal rentals not used as a primary residence. Missing the 14-day deadline forfeits the right to withhold; willful violations carry double damages plus fees. State law does not require interest, but a municipality may adopt an ordinance requiring it (Burlington does).

Move-out checklist

Related Vermont rules

Frequently asked questions

How much can a landlord charge for a security deposit in Vermont?

There is no statutory cap in Vermont; the market and the lease decide. Missing the 14-day deadline forfeits the right to withhold; willful violations carry double damages plus fees. State law does not require interest, but a municipality may adopt an ordinance requiring it (Burlington does).

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

Deposit and itemized statement returned within 14 days after the landlord discovers the tenant vacated (or the move-out date the tenant gave); 60 days for seasonal rentals not used as a primary residence. The statute is 9 V.S.A. § 4461.

Does a Vermont landlord have to pay interest on the security deposit?

No. Vermont law does not require interest on residential security deposits.

Deposit rules in other states