Georgia Security Deposit Law: Deadlines & Penalties

Georgia landlords must return the security deposit within 30 days after obtaining possession of the unit. No part of the deposit can be kept for ordinary wear and tear, and the landlord must account for each deduction. If the landlord keeps any money, the remaining balance and a written statement of the deductions must be sent within the same 30 days. Deposits are also capped at two months' rent.

Landlords who own more than ten units, or who use a management agent, must inspect the unit within three business days after the tenancy ends and prepare a signed list of any damage; the tenant then has five business days to inspect and sign the list or note in writing the items they dispute. The refund and statement go to the tenant's last known address. If that mail comes back undeliverable and the landlord can't find the tenant after a reasonable effort, the money belongs to the landlord 90 days after mailing, so make sure your address is current.

A landlord who owns more than ten units or uses a management agent and wrongfully withholds deposit money can owe three times the amount withheld, plus reasonable legal fees, unless it proves the withholding was a mistake that happened despite reasonable procedures to avoid it. Every landlord, regardless of size, must follow the 30-day return rule. Magistrate court hears claims up to $15,000.