Tennessee imposes no statutory cap on security deposit amount, but the Uniform Residential Landlord and Tenant Act requires deposits to be held in a separate bank account and itemized within thirty days of move-out under TCA 66-28-301.
Nashville landlords operate under the Tennessee URLTA (TCA 66-28-101+), which applies in counties over seventy-five thousand residents, including Davidson. While Tennessee does not cap deposit size — unlike many states — the landlord must deposit funds into a separate account at a regulated financial institution and disclose the bank's location to the tenant. At move-out, landlords have thirty days to provide an itemized list of damages and refund the balance; failure to do so forfeits all rights to retain any portion. Nashville does not add a local cap because state law preempts rent-related fee regulation under TCA 66-35-101.
Failure to itemize within thirty days forfeits all deductions; tenants may sue in General Sessions Court for full refund plus actual damages and reasonable attorney fees under TCA 66-28-301(g).
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