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 Vermont
Vermont: return the deposit within 14 calendar days of the day the tenant vacated. Seasonal occupancy of a unit not intended as a primary residence: 60 days. Interest: no. Penalty if the violation is willful or intentional: 2x the amount withheld. (9 V.S.A. 4461)
The rule in plain words
- Return by: 14 calendar days after the day the tenant vacated.
- Deductions allowed: unpaid rent, damage beyond wear, unpaid utilities, moving and storage. Normal wear and tear never. Depreciation: none.
- Interest: No.
- Penalty: 2x the amount withheld if the violation is willful or intentional.
The rule text
A landlord shall return the security deposit along with a written statement itemizing any deductions to a tenant within 14 days from the date on which the landlord discovers that the tenant vacated or abandoned the dwelling unit or the date the tenant vacated the dwelling unit, provided the landlord received notice from the tenant of that date.
9 V.S.A. 4461(c). Source: 9 V.S.A. 4461 Security deposits, read 2026-10-09.
Notes on this rule (2)
- Damage from events beyond the tenant's control is excluded as well as normal wear (4461(b)(2)).
- Municipal ordinances (e.g. Burlington) may add interest and other rules.
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
- October 14, 2026
14 calendar days after the day the tenant vacated.
- Allowed deductions
- $1,500.00
Of $1,650.00 claimed.
- Refund due
- $500.00
Interest $0.00.
The draft statement for this example
DRAFT ITEMIZED STATEMENT OF SECURITY DEPOSIT Rule: 9 V.S.A. 4461 (Vermont) Move-out date: September 30, 2026 Security deposit held $2,000.00 Deduction: Unpaid rent -$300.00 Deduction: Carpet -$1,200.00 Total deductions -$1,500.00 Refund due to tenant $500.00 Return by October 14, 2026 Notes: - Itemized under 9 V.S.A. 4461.
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.