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North Carolina security deposit law

⚠️ Not legal advice. DepositShield is not a law firm and this is not legal advice. This information is not guaranteed to be accurate, complete, or current — laws change and vary by city and situation. Verify it with an official source and consult a licensed attorney or your local tenants’ rights organization before relying on it or acting. Using DepositShield does not create an attorney-client relationship.

Return deadline

30 days

30 days; if final costs are unknown, an interim accounting in 30 days and final within 60.

Small claims limit

$10,000

What you need to know

  • Itemized accounting within 30 days (interim) and final refund within 60 days at most.
  • Deposits are capped by lease term and must be held in a trust account.

Itemization: Itemized accounting of any deductions required.

Interest: No interest required (deposit must sit in a trust account or be bonded).

Deposit cap: Cap depends on term: 2 weeks’ rent (week-to-week), 1.5 months (month-to-month), 2 months (longer).

If they wrongfully withhold: Improper withholding forfeits the landlord’s right to retain any portion; attorney’s fees possible.

Statute: N.C. Gen. Stat. §§ 42-50 to 42-56

DepositShield is not a law firm and this is not legal advice. This information is not guaranteed to be accurate, complete, or current — laws change and vary by city and situation. Verify it with an official source and consult a licensed attorney or your local tenants’ rights organization before relying on it or acting. Using DepositShield does not create an attorney-client relationship.