New York SECURITY DEPOSIT LAWS
Everything you need to know about getting your security deposit back in New York.
LEGAL CITATION
RETURN DEADLINE
In New York, landlords must return your security deposit within 14 days of you vacating the property.
This deadline typically starts from the day you return the keys and the property is empty. The landlord must either return the full deposit or provide an itemized statement explaining any deductions.
PENALTIES FOR LATE RETURN
Up to 2x your deposit in damages!
If your landlord wrongfully withholds your deposit, you may be entitled to 2 times the amount withheld as damages.
Very tenant-friendly. Interest required for larger buildings. Double damages available.
MAXIMUM DEPOSIT LIMIT
One month rent
If your landlord collected more than the legal maximum, you may have additional claims.
INTEREST REQUIREMENTS
New York requires landlords to pay interest on security deposits. If your landlord has not paid you interest, you may be entitled to additional compensation.
Is your New York landlord late?
If it's been more than 14 days since you moved out and you haven't received your deposit, you have a case.
CHECK MY SITUATION (FREE)Quick Facts
- Return deadline: 14 days
- Itemized statement: Required
- Max deposit: One month rent
- Penalty: 2x damages available