Security Deposit Law
Security Deposit laws vary by state. You have an obligation to return
security deposits to tenants within the prescribed dedlines. Always
check with your local apartment association or manager to see if these
dates are accurate.
Alabama: No statutory deadline
Alaska: 14 days if the tenant gives proper notice to terminate tenancy; 30 days if the tenant does not give proper notice
Arizona: 14 days
Arkansas: 30 days
California: The landlord can
charge no more than 2 months' rent for an unfurnished apartment as a
security deposit, and 3 months for a fully furnished unit. Within 21
days after you leave the unit, the landlord must refund your full
deposit, except for certain deductions. The landlord must either
deliver or mail the full deposit or a statement of deductions and the
balance of the deposit to the last known address of the tenant. Any
deductions over $250.00 must be itemized and receipts must be provided
to the tenant.
Colorado: The law requires the
landlord return the security deposit or an itemized statement of the
deductions and balance, if any, to the tenant within 30 days after
termination of the lease or the surrender and acceptance of the
premises, whichever occurs last. The landlord must either deliver or
mail the full deposit or a statement of deductions and the balance of
the deposit to the last known address of the tenant. If the landlord
fails to provide a written statement of deductions and the balance of
the deposit in full within the specified time, the landlord forfeits
his right to withhold any portion of the security deposit
Connecticut: 30 days, or
within 15 days of receiving tenant's forwarding address, whichever is
later. The landlord may be responsible for up to double the amount of
the security deposit for failing to return the deposit.
Delaware: If the landlord is
not entitled to all or any portion of the security deposit, the
landlord shall remit the security deposit within 20 days of the
expiration or termination of the rental agreement.
District of Columbia: 45 days
Florida: 15 to 45 days depending on whether tenant disputes deductions
Georgia: One month
Hawaii: 14 days
Idaho: 21 days, or up to 30 days if landlord and tenant agree
Illinois: 30-45 days depending
on whether deductions were made. These rules depend on the city and can
vary. Single condo units are exempt.
Indiana: 45 days
Iowa: 30 days
Kansas: The security deposit
can be one month's rent for an unfurnished apartment; 1 1/2 month's for
furnished and an added 1/2 month's for pets. The landlord must return
the deposit within 30 days or the remainder of the deposit and an
itemized list of deductions.
Kentucky: 30-60 days depending
on whether tenant disputes deductions Landlords may require a deposit
equal to one month's rent. The landlord
must keep all tenants' deposit money together in a separate account
used only for that purpose. This information must be included in the
lease.
Louisiana: 30 days. A deposit may be kept for unreasonable wear to the
apartment. There may be fines to the landlord for not compiling within
thirty days.
Maine: 21 days (tenancy at will) or 30 days (written rental agreement)
Maryland: 30-45 days
Massachusetts: 30 days
Michigan: 30 days
Minnesota: Three weeks after tenant leaves, and landlord receives mailing address. Mississippi - 45 days
Missouri: A landlord can require a maximum two months' rent as a security
deposit. At the end of the lease, the landlord has 30 days to
return the security deposit with an itemized list of damages.
Montana: 30 days
Nebraska: 14 days
Nevada: 30 days
New Hampshire: 30 days
New Jersey: 30 days;
New Mexico: 30 days
New York: Varies. Within a "reasonable period of time"
Wyoming:No statutory deadline
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