Louisiana Security Deposit Collections & Holdings

Louisiana Security Deposit Collections & Holdings

Last Updated: February 4, 2023 by Ashley Porter

To learn about laws on security deposit returns in Louisiana, click here.

Maximum Security Deposit Allowed in Louisiana

There is no limit on how much a landlord can collect for a security deposit in Louisiana. While other states impose a maximum security deposit limit, such as one month’s rent, Louisiana does not.

Can Landlords Charge an Additional Pet Deposit in Louisiana?

Yes, landlords can collect an additional pet deposit in Louisiana, except for service dogs and emotional support animals.

How Much Rent Can a Landlord Collect Upfront in Louisiana?

There is no limit on the amount of rent that can be collected upfront in Louisiana. Many states have a limit on the amount of rent that can be collected at once, but Louisiana does not.

Security Deposit Collections in Louisiana

While other states have additional requirements for landlords that collect a security deposit, such as providing certain documentation of the condition of the unit at move-in, Louisiana does not.

Do Landlords Have to Provide a Receipt for the Security Deposit in Louisiana?

Landlords are not required to provide a receipt for the security deposit in Louisiana, although some states like Washington require a receipt.

What Obligations Do Landlords Have to Establish the Condition at Move-in in Louisiana?

Louisiana law does not require landlords to document or establish the property’s condition at move-in. While other states legally require a written inventory of damages to be completed when collecting a security deposit, Louisiana does not.

Security Deposit Holdings in Louisiana

Louisiana law does not require landlords to hold security deposits separate from other funds.

Are Tenants Entitled to Interest on Their Security Deposit in Louisiana?

Louisiana law does not require landlords to provide interest on held security deposits.

How Are Security Deposits Accounted for in Louisiana?

Security deposits are not considered taxable income when they are collected.

What Happens to a Security Deposit When the Property is Sold in Louisiana?

When a property is sold in Louisiana, the seller must transfer the security deposit to the new owner, who must handle it according to the same rules.