Md. Real Prop. § 8-203(e)(1) - Interest accrues at daily U.S. Treasury yield curve rate (1-year maturity): Maryland statute explainer

Plain-English explanation of interest on deposits with actionable next steps.

Reviewed: 2026-03-03

Reviewer: ReclaimDeposit legal research team

Deadline context

45 days

Penalty context

3x damages

Primary statute

Md. Real Prop. Code § 8-203

How to use this statute in your case

Quick answers to the questions renters usually have before citing this statute in a demand letter or court filing.

This section governs interest on deposits and should be cited when disputing wrongful withholding under Maryland law.

45 days after termination of tenancy (45 days).

Up to 3x deposit amount + reasonable attorney fees.

Turn this citation into an actionable demand and timeline.

Frequently asked questions

Quick answers to the questions renters usually have before citing this statute in a demand letter or court filing.

This section governs interest on deposits and should be cited when disputing wrongful withholding under Maryland law.

45 days after termination of tenancy (45 days).

Up to 3x deposit amount + reasonable attorney fees.