{"id":372135,"date":"2016-04-11T01:21:34","date_gmt":"2016-04-11T06:21:34","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/state\/connecticut-law\/connecticut-security-deposit-laws.html"},"modified":"2016-06-20T19:50:58","modified_gmt":"2016-06-21T00:50:58","slug":"connecticut-security-deposit-laws","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/state\/connecticut-law\/connecticut-security-deposit-laws.html","title":{"rendered":"Connecticut Security Deposit Laws"},"content":{"rendered":"\n
\n \n
\n

Connecticut Security Deposit Laws<\/h1>\n
\n
\n

Created by FindLaw’s team<\/a> of legal writers and editors<\/i><\/p>\n\n | Last updated\n

\n \n <\/i>\n Legally Reviewed\n <\/summary>\n\n
\n

This article has been written and reviewed for legal accuracy, clarity, and style by FindLaw\u2019s team of legal writers and attorneys<\/a> and in accordance with our editorial standards<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n\n

\n \n <\/i>\n Fact-Checked\n <\/summary>\n\n
\n

The last updated date refers to the last time this article was reviewed by FindLaw or one of our contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n<\/section>\n

A security deposit<\/a> is any advance rental payment other than an advance for the first month’s rent or a deposit for a key or any special equipment. A security deposit remains the tenant’s property but the landlord holds a security interest in it. Connecticut security deposits must be kept in an escrow account<\/a> in a local bank.<\/p>\n

How Large a Security Deposit Can a Connecticut Landlord Require?<\/h2>\n

Landlords can’t require more than two months rent as a security deposit. This limit is reduced to one month’s rent if a tenant is 62 years of age or older.<\/p>\n

Do Landlords Pay Tenants Interest on Security Deposits?<\/h2>\n

Yes. Landlords must pay tenants interest on security deposits of at least the average commercial banks savings deposit rate as annually determined and published by the Banking Commissioner. Interest must be paid annually on the anniversary date of a tenancy either directly to tenants or as a credit towards the next month’s rent.<\/p>\n

What if a Tenant Is Late Paying Rent?<\/h2>\n

Tenants forfeit interest on their security deposits for any months when they are more than ten days late paying their rent. The only exception is when a tenant’s rental agreement already contains a late charge for overdue rental payments.<\/p>\n

How to File a Complaint with the Fair Rent Commission<\/h2>\n

Call or go to the Fair Rent Commission<\/a> office in your town. Not all towns have a Commission. Call Info line: 2-1-1. You will also need to do the following:<\/p>\n