What is the security deposit limit in Rhode Island?
Under RIGL § 34-18-19, a landlord may not demand or receive a security deposit exceeding one month's rent. A landlord who holds both a security deposit and a prepayment of the last month's rent is not in compliance with the statute. The landlord must return the security deposit, along with a written statement of any deductions, within 20 days after the tenant vacates, returns keys, and provides a forwarding address. Wrongful withholding entitles the tenant to recover twice the amount wrongfully withheld, plus attorney's fees.