North Dakota Interest on deposits

Does a landlord have to pay interest on a security deposit in North Dakota?

Required. Deposits must be kept in a federally insured interest-bearing account for the tenant's benefit, and the deposit plus accrued interest is returned at lease end (subject to lawful deductions). No interest is owed if occupancy was under 9 months.

Verified Source: N.D. Cent. Code § 47-16-07.1 · last checked 2026-10-15