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Virginia Deposit bank holding / separate account

Last reviewed 2026-10-23

Deposit bank holding / separate account in Virginia

The state landlord-tenant statute has no requirement to keep security deposits in a separate or trust account (full-text search of Va. Code Title 55.1, ch. 12 (full-text search); § 55.1-1205). (Prepaid rent, by contrast, must go into an escrow account under § 55.1-1205.)

Verified Source: Va. Code Title 55.1, ch. 12 (full-text search); § 55.1-1205 · last checked 2026-10-23

Same topic in neighboring states

All Virginia landlord-tenant law · Virginia 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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