Security deposit interest in North Carolina
Verified against N.C. Gen. Stat. § 42-50 and agency sources on 2026-07-04. Not legal advice.
No interest required
North Carolina does not require landlords to pay interest on security deposits.
- Statute: N.C. Gen. Stat. § 42-50 · primary source
Deposit must be held in a licensed trust account or secured by bond; no interest owed to tenant.
Security deposit interest calculator
Interest owed (simple):
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Frequently asked questions
Do landlords have to pay interest on security deposits in North Carolina?
No — North Carolina law (N.C. Gen. Stat. § 42-50) does not require deposit interest.
Anything else North Carolina landlords should know about deposit interest?
Deposit must be held in a licensed trust account or secured by bond; no interest owed to tenant.
Deposit interest in other states
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