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Delaware Deposit Interest Rules

no interest required

Delaware has no statewide requirement that landlords pay interest on security deposits (14 of 51 US jurisdictions do). Your lease may still promise interest — if it does, that promise is enforceable.

Educational information: generated from our Delaware law database (last updated 2024-01-01). Not legal advice.

How Delaware compares

14 of 51 US jurisdictions require landlords to pay interest on security deposits. Here is how Delaware compares with other states in our database.

StateDeposit Interest Rules
Delawareno interest required
District of Columbiainterest required (deposits held 12+ months)
Floridano interest required
Georgiano interest required
Hawaiino interest required

Frequently asked questions

Do landlords have to pay interest on security deposits in Delaware?
No statewide statute requires it in Delaware, though local ordinances or your lease can add the obligation. Maximum 1 month rent for leases of 1 year or longer (no limit for first year of month-to-month). Additional pet deposit up to 1 month allowed. Must be held in escrow. Return within 20 days. Double damages for failure to return.
How large can the deposit itself be in Delaware?
Delaware generally allows at most 1 month's rent (leases of 1+ years) as a security deposit.
When do I get my security deposit back in Delaware?
Generally within 20 days after move-out.

Check Your Lease Against Delaware Law

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More Delaware lease law guides

Educational information generated from state statute data — not legal advice. Consult a licensed attorney in Delaware for your specific situation.