North Carolina Interest on deposits
Does a landlord have to pay interest on a security deposit in North Carolina?
North Carolina's Tenant Security Deposit Act (G.S. 42-50 to 42-56, reviewed by full-text search on 2026-10-15) requires deposits to be held in a trust account at an insured institution or covered by a bond. It does not require interest to be paid to the tenant.
Verified Source: N.C. Gen. Stat. §§ 42-50 to 42-56 · last checked 2026-10-15
Same topic in neighboring states
All North Carolina landlord-tenant law · North Carolina landlord FAQ · Security deposit limit · Deposit return deadline · Notice to enter · Required lease disclosures · Required disclosures (mold, lead, radon, bedbug, asbestos, flood zone)
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