Virginia Deposit bank holding / separate account

Deposit bank holding / separate account in Virginia

A search of the full text of the Virginia Residential Landlord and Tenant Act (Va. Code Title 55.1, ch. 12) found no requirement to keep security deposits in a separate or trust account. (Prepaid rent, by contrast, must go into an escrow account under § 55.1-1205.)

Verified Source: Va. Code Title 55.1, ch. 12 (searched in full); § 55.1-1205 · last checked 2026-10-15