North Dakota Security Deposit Law
What landlords in North Dakota need to know about deposit limits, refund deadlines, interest, and penalties for getting it wrong.
Deposit cap
1 month's rent (may exceed for tenants with pets or poor credit history)
Refund deadline
30 days
Interest required?
No
No statewide interest requirement.
Separate account?
Yes
Penalty for noncompliance
Bad-faith retention can result in statutory damages up to the deposit amount.
Statute: N.D. Cent. Code § 47-16-07.1
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.