Maximum security deposit2 months’ rent
Applies to residential lease agreements entered into or renewed on or after July 1, 2024.
What counts as a security deposit
Georgia’s security-deposit definition generally includes refundable forms of security such as damage deposits, advance rent deposits and pet deposits, while nonrefundable fees are treated separately.
Why the lease date matters
The 2024 Safe at Home Act made the cap applicable to residential lease agreements entered into or renewed on or after July 1, 2024. Older lease histories can require a closer timeline review.
Scope matters. Georgia’s inspection and escrow provisions include a limited small-landlord exemption. Confirm the ownership and management structure before applying those procedures to a specific rental.
Sources
Georgia General Assembly2024 End of Session Report — HB 404 Safe at Home Act ↗
Official legislative summary confirming the two-month security-deposit cap for covered leases entered into or renewed on or after July 1, 2024.
Georgia Department of Community AffairsGeorgia Landlord-Tenant Handbook ↗Official Georgia renter/landlord handbook covering security deposits, inspection procedures, refund timing and ordinary wear.