Georgia Does Not Require Deposit Interest
Georgia landlords are not required to pay interest on your security deposit. But that does not mean they can do whatever they want with it.
Georgia does not require landlords to pay interest on security deposits. However, landlords must return the deposit within 30 days of move-out under O.C.G.A. § 44-7-33.
•Your Rights
What Your Georgia Landlord Does Owe You
Interest or not, Georgia law gives you real protections on your security deposit:
- 30-day return deadline. Your landlord has 30 days after you move out to return your deposit or provide an accounting of deductions.
- Itemized statement required. Your landlord cannot just keep part of your deposit — they must provide a written, itemized list of every deduction and its amount within 30 days.
- Penalties for violations. If your landlord misses the deadline or makes illegal deductions, Georgia courts can award you up to 3x the wrongfully withheld amount.
Georgia landlords must return security deposits within 30 days of move-out under O.C.G.A. § 44-7-33. Violations can result in up to 3x the wrongfully withheld amount.
•Full State Law
Georgia Security Deposit Law — Full Breakdown
Return deadlines, allowed deductions, penalty multipliers, small claims limits — everything you need to know about Georgia deposit law is on one page. Read the full Georgia security deposit law breakdown.
●Frequently Asked Questions
Frequently Asked Questions
Does Georgia require landlords to pay interest on security deposits?
No. Georgia does not require landlords to pay interest on security deposits. However, your landlord must still return your deposit within 30 days of move-out under O.C.G.A. § 44-7-33.
What is my landlord required to do with my deposit in Georgia?
Your Georgia landlord must return your deposit within 30 days after you move out. They must provide an itemized statement listing any deductions. Failure to comply can result in penalties.
What happens if my Georgia landlord keeps my deposit?
If your landlord fails to return your deposit within 30 days, you can sue in small claims court for up to 3x the wrongfully withheld amount. Georgia small claims courts handle cases up to $15,000.
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DepositHawk is not a law firm and does not provide legal advice. Information and documents are for informational purposes only. No attorney-client relationship is created. Consult a licensed attorney for advice specific to your situation.