Virginia Deposit Interest Rules
no interest requiredVirginia 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 Virginia law database (last updated 2024-01-01). Not legal advice.
How Virginia compares
14 of 51 US jurisdictions require landlords to pay interest on security deposits. Here is how Virginia compares with other states in our database.
| State | Deposit Interest Rules |
|---|---|
| Virginia | no interest required |
| Washington | no interest required |
| West Virginia | no interest required |
| Wisconsin | no interest required |
| Wyoming | no interest required |
Frequently asked questions
- Do landlords have to pay interest on security deposits in Virginia?
- No statewide statute requires it in Virginia, though local ordinances or your lease can add the obligation. Maximum 2 months rent (including damage insurance premiums). Return within 45 days with itemized statement. Additional 15 days if third-party contractor needed for damage assessment. Failure to comply: tenant can sue for 2x deposit plus attorney fees.
- How large can the deposit itself be in Virginia?
- Virginia generally allows at most 2 months' rent as a security deposit.
- When do I get my security deposit back in Virginia?
- Generally within 45–60 days after move-out.
Check Your Lease Against Virginia Law
Not sure whether your lease complies with Virginia law? Upload it and our analyzer flags problem clauses — deposit terms, entry rights, fees and prohibited provisions — using the same statute-backed database this page is generated from.
Analyze My Lease FreeEducational tool — not legal advice. First analysis is free, no signup required.
More Virginia lease law guides
Educational information generated from state statute data — not legal advice. Consult a licensed attorney in Virginia for your specific situation.