Maine Security Deposit Law
What landlords in Maine need to know about deposit limits, refund deadlines, interest, and penalties for getting it wrong.
Deposit cap
2 months' rent
Refund deadline
30 days
21 days for tenancy-at-will.
Interest required?
No
No statewide interest requirement (some exceptions for specific buildings).
Separate account?
Not required
Penalty for noncompliance
Wrongful withholding can result in twice the amount owed plus costs.
Statute: Me. Rev. Stat. tit. 14, § 6034
This page summarizes general state-level rules as of 2026 and does not cover city or county ordinances, which can be stricter. Verify against the statute cited above or with a local attorney before relying on it. See all states.