Wherewithal

New York security deposit return obligations for landlords

What the statute requires of you in New York: return deadlines, clock triggers, itemization / notice duties, deposit caps, and penalties for non-compliance — drawn from Wherewithal’s statute research corpus. A landlord who complies correctly does not create a statutory penalty claim.

Confidence: PRIMARY

PRIMARY — main elements read against statute text

Deadline to return / account14 days
When the clock startstenant vacates
Penalty for non-compliancestatutory forfeiture of retain rights; up to 2× willful (NYC path)
Deposit cap (maximum you may collect)1 mo
Escrow / interest requirementsyes (6+ units)
CitationN.Y. Gen. Oblig. Law §§ 7-103 to 108

Source: N.Y. Gen. Oblig. Law §§ 7-103 to 108

Compliance flags / traps

⚠ rent-stab covered as of Nov 15 2025 (§7-107 extension)

Applicability conditions

Corpus version: 0ca3f80b5bacf224 (hash of human fields; use as last-updated fingerprint)

Deadline calculator

Compliance tool only — estimates the statutory return / accounting window from Wherewithal’s corpus fields. Not legal advice. No case is created.

This state’s corpus encodes a primary numeric window of 14 days. Enter the move-out / possession-delivery date the statute keys on.

Tenant side: New York security deposit return rules

Same statute corpus, framed for tenants organizing a deposit-return claim.

Nearby states (landlord side)

Wherewithal is an organizational tool only. Not legal advice. Consider consulting a licensed attorney. This page is compliance information for landlords summarizing statutory duties — not legal advice.

Terms · Privacy · Support