Security Deposit in Louisiana

State-specific overview · Property & Real Estate

Quick summary

Landlords must return deposits within one month; no specific interest requirement, but deposits are protected as lessor property.

How Louisiana treats Security Deposit

Louisiana requires landlords to return security deposits within one month of lease termination, with itemized deductions for damages and unpaid rent. The state does not mandate interest payments on deposits. Deposits are considered the lessor's property held in trust, and landlords may not commingle them with personal funds, though separate escrow accounts are not explicitly required by statute.

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The general definition of Security Deposit

Money a tenant pays upfront to a landlord as a guarantee against damage or unpaid rent.

A security deposit is cash that a tenant gives to a landlord at the start of a lease, held as insurance against property damage or unpaid rent. The landlord must keep this money in a separate account and return it to the tenant when the lease ends, minus any deductions for legitimate damages or unpaid bills. Most states have strict rules about how quickly landlords must return deposits (often 30–45 days) and require them to itemize any deductions. If a landlord wrongfully keeps the deposit, the tenant can sue for the full amount plus penalties.

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This page is a plain-English reference and is not legal advice. State laws change frequently. For specific situations consult a licensed attorney in Louisiana.