Security Deposit in Pennsylvania
State-specific overview · Property & Real Estate
Landlords must place deposits in escrow and return them within 30 days with interest.
How Pennsylvania treats Security Deposit
Pennsylvania requires landlords to deposit security money in an escrow account with a licensed bank or financial institution, separate from operating funds. Landlords must return deposits within 30 days of lease termination, with interest accrued at the rate paid by the escrow account. Itemized deductions for damage or unpaid rent must be provided in writing. If a landlord fails to escrow the deposit, the tenant may recover the full amount plus damages.
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.
Read the full Security Deposit entry →This page is a plain-English reference and is not legal advice. State laws change frequently. For specific situations consult a licensed attorney in Pennsylvania.