Va. Code § 55.1-1226: Virginia security deposit rules in plain English

What Va. Code § 55.1-1226 says about Virginia security deposits: the cap, the deadline to return the deposit, itemized deductions and interest. Every fact below comes from our statute-checked data. Last verified 2026-10-22.

Quick answer

Return deadline
45 days
Maximum deposit
2 months' periodic rent (security deposit however named). Security deposit plus damage-insurance and renter's-insurance premiums paid before the tenancy starts may not exceed 2 months' rent in total.
Itemized list
Yes, an itemized list of deductions is required
Interest
Not stated in our verified data

What Va. Code § 55.1-1226 says, as we verified it

Deposit limit

2 months' periodic rent (security deposit however named). Security deposit plus damage-insurance and renter's-insurance premiums paid before the tenancy starts may not exceed 2 months' rent in total.

Full citation: Va. Code §§ 55.1-1226(A), 55.1-1208(A)(7) Read the official text

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FAQ: Va. Code § 55.1-1226

How long does a landlord have to return a deposit under Va. Code § 55.1-1226?

Under Va. Code § 55.1-1226, a Virginia landlord has 45 days to return the security deposit or send an itemized list of deductions.

Is there a limit on the security deposit in Virginia?

2 months' periodic rent (security deposit however named). Security deposit plus damage-insurance and renter's-insurance premiums paid before the tenancy starts may not exceed 2 months' rent in total.

Does Virginia require an itemized list of deductions?

Yes, an itemized list of deductions is required. Citation: Va. Code §§ 55.1-1226(A), 55.1-1208(A)(7).

Does the landlord have to pay interest on the deposit in Virginia?

Not stated in our verified data.

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General information only, not legal advice. Last verified 2026-10-22. Laws change; verify with the linked source or a licensed attorney.