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Tennessee Deposit bank holding / separate account

Last reviewed 2026-10-23

Deposit bank holding / separate account in Tennessee

Landlords who require a security deposit must keep all tenants' deposits in an account used only for deposits, at a bank or lending institution regulated by the state or federal government (Tenn. Code Ann. § 66-28-301(a)). Applies only in counties with population over 75,000 (2010 census), where the URLTA applies (Tenn. Code Ann. § 66-28-102(a)); elsewhere common law and the lease govern.

Verified Source: Tenn. Code Ann. § 66-28-301(a) · last checked 2026-10-23

Same topic in neighboring states

All Tennessee landlord-tenant law · Tennessee 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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