Under Alaska's Uniform Residential Landlord and Tenant Act, AS §34.03.070, security deposits in Anchorage are capped at two months' rent (excluding pet deposits). Landlords must return deposits with itemized deductions within 14 days, or 30 days if the tenant did not give proper notice.
Alaska URLTA (AS §34.03.070) governs security deposits statewide and applies to all Anchorage rentals. The cap is two months' rent unless the rent exceeds $2,000 per month, in which case URLTA's cap does not apply. Pet deposits are separate but limited to one additional month. Landlords must hold deposits in a trust account and return them within 14 days after the tenant returns possession and provides a forwarding address. If the tenant left without proper notice, the landlord has 30 days. Failure to comply exposes the landlord to up to twice the wrongfully withheld amount plus tenant attorney fees.
Wrongfully withholding a deposit, failing to provide an itemized list, or missing the 14-day deadline can trigger statutory damages of up to twice the withheld amount plus reasonable attorney fees under AS §34.03.070.
Anchorage, AK
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Anchorage, AK
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See how Anchorage's security deposit rules rules stack up against other locations.
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