Hold deposits in interest-bearing account; pay interest at move-out. North Dakota requires security deposits to sit in a federally insured interest-bearing account, and within 30 days after the lease ends and the tenant moves out you must deliver or mail any refund (with interest when the stay lasted nine months or longer) and an itemized list of deductions to the last address the tenant gave you, so certified mail with a return receipt helps prove the date, because money withheld without reasonable justification can cost treble damages.
The North Dakota rule
Each rule shows its schedule, its primary sources, and the date it was last verified.
Related rules in North Dakota
The North Dakota guide lists every compliance obligation, the seasonal maintenance calendar, and baseline upkeep.
Open the North Dakota landlord guide · Security deposit interest in every state
What Landautomate does with this page
This guide is the reading version of the Landautomate North Dakota rule base. In the app, the same rules become dated tasks on each North Dakota property, timed to its purchase date, lease dates, age, and climate, with an email before each one is due. The free preview shows a sample of that schedule for North Dakota in under a minute, no account needed.
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