Princess Anne, MD Security Deposit Laws 2026
Maryland limits security deposits to 2 month(s) of rent. In Princess Anne, that's $2,334 at the median 2BR rent of $1,167/month. Miss the 45-day return deadline and you could owe $3,501+.
In Maryland, landlords must return security deposits within 45 days after move-out. The maximum deposit is 2 month(s) of rent. Failure to return on time or provide an itemized statement can result in penalties of $3,501 or more.
Key Takeaways — Princess Anne Security Deposit Laws
- Maximum deposit: 2 month(s) of rent = $2,334 at Princess Anne's median rent
- Return deadline: 45 days after tenant moves out
- Penalty for late return: Up to 3x the deposit ($3,501)
- Itemized statement: Required with any deductions
Security Deposit Laws in Princess Anne
Under Maryland law, landlords in Princess Anne may collect a maximum security deposit of 2 month(s) of rent. At Princess Anne's median 2-bedroom rent of $1,167/month, that means the most you can legally collect is $2,334.
$2,334
max deposit (2mo × $1,167)
45 days
return deadline
$3,501
max penalty for late return
Returning the Deposit: The 45-Day Clock
Once a tenant moves out of your Princess Anne rental, Maryland law gives you exactly 45 days to either return the full deposit or provide an itemized statement of deductions. The clock starts on the day the tenant surrenders possession — not when you inspect the unit.
What you can deduct from a security deposit in Princess Anne:
- Unpaid rent
- Damage beyond normal wear and tear
- Cleaning costs to restore the unit to move-in condition
- Costs for restoring or replacing personal property (if lease allows)
What you cannot deduct:
- Normal wear and tear (minor scuffs, carpet wear, faded paint)
- Pre-existing damage (document with photos at move-in)
- Professional cleaning if the tenant left the unit in reasonable condition
Penalty Warning
Violate Maryland security deposit laws rules in Princess Anne and you could owe $3,501+. At Princess Anne's median rent of $1,167/month, even a single violation adds up fast.
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How Princess Anne Rents Affect Deposit Amounts
Deposit amounts scale with local rents. Here's what Princess Anne landlords typically collect:
| Unit Size | Median Rent (Princess Anne) | Max Deposit (2mo) | Penalty Risk |
|---|---|---|---|
| Studio | $901/mo | $1,802 | $5,406 |
| 1-Bedroom | $907/mo | $1,814 | $5,442 |
| 2-Bedroom | $1,167/mo | $2,334 | $7,002 |
| 3-Bedroom | $1,586/mo | $3,172 | $9,516 |
Rents based on HUD Fair Market Rents (FY2026) for Somerset County.
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Security Deposit Laws in Nearby Cities
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Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019
LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.