Oklahoma sets no statutory cap on security deposit amounts, but landlords must hold deposits in a separate account and return them within 45 days of tenancy ending under the Residential Landlord-Tenant Act.
Title 41 Section 115 of the Oklahoma Statutes governs security deposits. Landlords may charge any amount but must place tenant funds in an escrow account at a federally insured bank, separate from operating funds. After lease termination and tenant move-out, the landlord has 45 days to return the deposit or itemize lawful deductions for damage beyond ordinary wear-and-tear, unpaid rent, or breach of contract. A tenant must demand return in writing within six months. Failure to comply may entitle the tenant to recover the full deposit plus reasonable attorney fees in court.
Commingling deposits, missing the 45-day return deadline, failing to itemize deductions, retaliation for tenant deposit demands.
See how Oklahoma City's security deposit rules rules stack up against other locations.
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