The information provided on the 211 eLibrary is for educational purposes only. It is not intended to be and should not be construed as legal advice.
What is a Security Deposit?
A security deposit is any advance rental payment other than an advance for the first month’s rent or a deposit for a key or any special equipment. A security deposit remains the tenant’s property but the landlord holds a security interest in it. Security deposits must be kept in an escrow account in a Connecticut bank.
You can find more information on issues related to security deposits on the web at Rental Security Deposits: Key Issues for Landlords and Tenants by the State of Connecticut Department of Banking
To Find Providers in Connecticut’s Community Resources Database:
Search by service names:
SOURCES: Security Deposits:Key Issues for Landlords and Tenants, Connecticut Department of Banking
PREPARED BY: 211/kq
CONTENT LAST REVIEWED: March2018