What is the security deposit limit in Oklahoma?
Oklahoma statute imposes no maximum limit on security deposit amounts; landlords may charge any amount. The deposit must be held in a federally insured escrow account in Oklahoma, separate from the landlord's personal funds. Upon termination, the landlord must return the deposit along with a written itemized statement of any deductions within 45 days of the tenant vacating and providing a forwarding address. Misappropriation of the deposit is a criminal offense punishable by up to 6 months in county jail and a fine up to twice the amount misappropriated.