Reference: the security deposit rule in each state and covered city. To settle a deposit, use the free Deposit settlement tool.
Reference
Security deposit rules in Mississippi
Mississippi: return the deposit within 45 calendar days of the latest of the end of the tenancy, move-out and the tenant's written demand. Interest: no. Penalty if the deposit is kept in bad faith: up to $200.00. (Miss. Code Ann. 89-8-21)
The rule in plain words
- Return by: 45 calendar days after the latest of the end of the tenancy, move-out and the tenant's written demand.
- Deductions allowed: unpaid rent, damage beyond wear, cleaning to move in condition, other lease obligations. Normal wear and tear never. Depreciation: none.
- Interest: No.
- Penalty: up to $200.00 if the deposit is kept in bad faith.
The rule text
Any remaining portion of such payment or deposit shall be returned to the tenant no later than forty-five (45) days after the termination of his tenancy, the delivery of possession and demand by the tenant.
Miss. Code Ann. 89-8-21(3). Source: Miss. Code Ann. 89-8-21, read 2026-10-09.
Notes on this rule (1)
- No deposit cap.
Research notes (2)
How we sourced this rule: where the text was read and what we could not check.
- Text read on FindLaw (current as of 2025-01-01); the legislature does not host a free current code. ezel.ai cross-checked it 2026-10-07 against an official 2024 HB 1580 reprint.
- penalty.multiple is null because the remedy is a fixed amount ($200 maximum).
Worked example
A $2,000.00 deposit; the tenant moved in on June 1, 2023 and out on September 30, 2026. Intended deductions: $300.00 unpaid rent, $150.00 cleaning and a $1,200.00 carpet that was 5 years old.
- Return by
- Not started
Runs from the latest of the end of the tenancy, move-out and the tenant's written demand.
- Allowed deductions
- $1,650.00
Of $1,650.00 claimed.
- Refund due
- $350.00
Interest $0.00.
The draft statement for this example
DRAFT ITEMIZED STATEMENT OF SECURITY DEPOSIT Rule: Miss. Code Ann. 89-8-21 (Mississippi) Move-out date: September 30, 2026 Security deposit held $2,000.00 Deduction: Unpaid rent -$300.00 Deduction: Cleaning -$150.00 Deduction: Carpet -$1,200.00 Total deductions -$1,650.00 Refund due to tenant $350.00 Return by Not started: see the deadline note. Notes: - Itemized under Miss. Code Ann. 89-8-21.
Computes and cites the published rule; it is not legal advice. You sign the statement: check the statute, your lease and any local ordinance first. Read the disclaimer.