What is the security deposit limit in Alaska?
Under AS § 34.03.070, a landlord may not require a security deposit or prepaid rent exceeding two months' periodic rent for units renting at or below $2,000 per month. For units renting above $2,000 per month, there is no statutory cap. An additional pet deposit of up to one month's rent may be charged for non-service-animal pets. Non-refundable security deposits are prohibited. If no deductions are claimed, the landlord must return the deposit within 14 days after the tenant vacates. If deductions are claimed, the landlord has 30 days to return the balance with a written itemized statement. Failure to comply may result in the tenant recovering double the deposit amount.