Check a Bill →
States/Kentucky/Separate Account
✓ Kentucky verified · local coverage required

Kentucky URLTA Separate Security Deposit Account Rule

KRS 383.580(1) requires covered landlords to place tenant security deposits in an account used only for that purpose at a regulated bank or lending institution and to inform prospective tenants of the location and account number.

Last reviewed: August 30, 20262 official sources cited
AccountSeparate deposit account

For covered URLTA rentals.

DisclosureLocation + account number

Provided to prospective tenant.

Check

  • Whether URLTA applies locally.
  • Whether an account disclosure was provided.
  • Deposit amount and date paid.
  • Bank/lending institution information.
Kentucky URLTA is locally adopted. Confirm the ordinance covering the rental property before applying KRS 383.580. Educational information only.

Official sources

Kentucky General AssemblyKRS 383.500 — Local adoption of URLTA ↗

Current Kentucky statute authorizing cities, counties and urban-county governments to adopt KRS 383.505 through 383.705 in their entirety and without amendment.

Kentucky General AssemblyKRS 383.580 — Security deposits ↗

Current Kentucky URLTA security-deposit section covering separate accounts, move-in and move-out damage listings, retention restrictions and 30/60-day unclaimed-deposit procedures.

Related Kentucky guides

URLTA Coverage →Security Deposit →Move-In Damage List →Move-Out Damage List →