What does Md. Real Prop. § 8-203(b) address?
Must be held in MD financial institution. Open the current official text to check coverage, definitions, and exceptions for your situation.
Md. Real Prop. § 8-203(b): Must be held in MD financial institution
Compare this Maryland source with your dates, records, and the conditions that apply to your rental.
Reviewed: 2026-08-11
How sources are checked →Deadline context
45 days
Possible remedy
Up to 3x withheld without reasonable basis
What the cited source addresses
Must be held in MD financial institution.
Read the current official sectionHow to review this source with your facts
- Capture all dates and documents tied to this statutory requirement.
- Read the current official text, coverage, exceptions, and definitions.
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Frequently asked questions
Questions to compare with the current source before using the citation in a letter or filing.
How long does a Maryland landlord have to return the deposit?
45 days after termination of tenancy (45 days).
Could a penalty or other remedy apply?
Up to 3x the amount withheld plus reasonable attorney fees when the failure lacks a reasonable basis. Check the source's required facts, conditions, notices, defenses, and remedy language before relying on it.
Next steps
Check the current source, calculate the relevant dates, and organize the records you may reference.