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What Connecticut security-deposit rules must a prospective this school-area landlord verify?

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Central Connecticut State University

Connecticut Department of Banking guidance says residential security deposits must be held in a Connecticut financial-institution escrow account, generally cannot exceed two months’ rent, and are limited to one month for tenants age 62 or older. The guidance also addresses interest and return requirements. Confirm the applicable rate, deadlines and any exceptions before collecting money. The cited 2026 Chapter 831 page is a supplement to the 2025 statutes, not a standalone complete current statute; read them together and obtain Connecticut legal advice for a lease.

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