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Within what time does landlord refund security deposit for a residential rental .?

When do I have to refund the security deposit to my departing tenant, if all is OK?
  • June 13 2011 - Town of Deposit
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Answers (2)

If, as it says above, you are in NY - the security deposit is supposed to be returned at the end of the lease,  in a "reasonable"  amount of time................that may be 30-60 days.
  • June 13 2011
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depends on your state law. In many places, it is within 2 weeks, with a written itemized statement explaining the disposition. Failure to do so can have some serious penalties, in AZ, I believe it is 3 times the deposit. 
  • June 13 2011
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