What is the security deposit limit in North Dakota?
Under NDCC § 47-16-07.1, North Dakota limits security deposits to one month rent for standard residential tenancies. A landlord may charge up to two months rent only in two specific circumstances: from a tenant who has been convicted of a felony offense, as an incentive to rent to that individual, or from a tenant who has had a judgment entered against them for violating the terms of a previous rental agreement. It is not available for generic credit-history or rental-history risk assessments. The deposit must be returned within 30 days after the tenant vacates and the lease terminates, with an itemized statement of any deductions.