Security Deposit in South Carolina
State-specific overview · Property & Real Estate
Landlords must return deposits within 30 days but are not required to pay interest.
How South Carolina treats Security Deposit
South Carolina requires landlords to return security deposits within 30 days of lease termination, with itemized deductions for unpaid rent or damage. Unlike many states, South Carolina does not require landlords to pay interest on deposits. Landlords may deduct for any unpaid rent or damage to the unit, though normal wear and tear is generally not deductible. If a landlord wrongfully retains a deposit, the tenant may pursue legal action for recovery.
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 South Carolina.