- Maximum amount landlord can charge: A landlord may not charge a security deposit that exceeds the equivalent of 2 months’ rent, regardless of the number of tenants. Civ. Code (§8–203 (b) (1))
- Returning the security deposit: Must be returned within 45 days after the end of the tenancy with simple interest rate of 1.5% a year. Civ. Code (§8–203. (e) (1))
- Bank account requirements: Landlords are required to keep security deposits in federally insured financial institutions. The security deposit must be in an account within 30 days after the landlord receives it. Civ. Code (§8–203. (d) (i))
Rent and Late Fees
- Written lease agreement: A landlord who offers 5 or more rental properties within the state may not rent a residential dwelling unit without a written lease. Civ. Code (§8–208. (1))
- Rent increase notice: No law requiring rent increase notice.
- Late Fees: May not exceed 5% of rent due. If the rent is paid weekly landlord may charge $3 per week. Civ. Code (§8–208. (d) (3))
Notices and Entry
- Notice to terminate yearly lease: Notice in writing shall be given 3 months before the expiration of current year of the tenancy except for farm tenancies which shall be given 6 months. Civ. Code (§8–402. (b) (3))
- Notice to terminate month-to-month lease: Notice in writing of 1 month is required. Civ. Code (§8–402. (b) (3))
- Notice to terminate week-to-week lease: Notice in writing of 1 week is required. Civ. Code (§8–402. (b) (3))
- Tenant allowed to repair and deduct rent: Only under specific circumstances (Civ. Code §8–211)
- Notice for non-payment: Landlord may immediately start process if rent isn’t paid on time, no notice is required. Unless otherwise stated in the lease, the first notice the tenant is likely to receive is the of the upcoming eviction is the filed court documents. Civ. Code (§8–401)
- Notice for lease violation: 30 days’ written notice is given to the tenant to notify them that the landlord desires to repossess the leased property. Civ. Code (§8–402.1.)
- Stopping the eviction: By paying full rent, along with any late fees and court costs by the day of the trial the eviction will not proceed. Civ. Code (§8–401. (C)( 5))
For more information on Maryland Landlord Tenant laws please visit their website here.