What is the security deposit limit in Maine?
Maine caps security deposits at two months' rent: a lease or tenancy-at-will agreement for a dwelling intended for human habitation may not require a security deposit equivalent to more than the rent for 2 months (14 M.R.S. § 6032). Under a written rental agreement the deposit must be returned within the time stated in the agreement, not to exceed 30 days; for a tenancy at will it must be returned within 21 days after the tenancy ends (§ 6033). A landlord who retains any part of the deposit must provide a written statement itemizing the reasons for the retention, together with full payment of the difference between the deposit and the amount retained. A landlord who fails either to provide that statement or to return the deposit within the required time forfeits the right to withhold any portion of it. A deposit may not be retained to pay for normal wear and tear.