Tennessee Security Deposit Limit
There is no state legislated limit for security deposits. However, the security deposit must be kept in a separate account and the location must be disclosed to the tenant. Counties that have a population of less than 75,000, according to the federal census, are exempt from this requirement.
Deadline for Returning Security Deposit
The security deposit must be returned within 30 days after tenant vacates and the landlord must provide advance notice before taking any deductions for damage or missing items.