New York security deposit rules
How New York deposit returns generally work
New York General Obligations Law § 7-108 generally caps residential security deposits at one month’s rent and requires the landlord to provide an itemized statement and return any remaining deposit within 14 days after the tenant vacates; the statute states that a landlord who misses that window forfeits the right to keep any portion. Deductions are limited to listed categories such as unpaid rent and damage beyond normal wear and tear, similar rules now cover many rent-stabilized leases under § 7-107, and a court decides disputes, including whether punitive damages of up to twice the deposit apply to a willful violation.
GOL § 7-108(1-a)(e) generally requires an itemized statement and return of the remaining deposit within 14 days after the tenant vacates, and states that missing it forfeits the right to retain any portion.
Deposits are generally capped at one month’s rent, and the landlord bears the burden of proving that amounts retained were reasonable.
Tenants may request a pre-move-out inspection, held one to two weeks before the tenancy ends, with a chance to cure the listed items.
Check coverage: Section 7-108(1-a) does not apply to rent-controlled units or to certain licensed continuing care, assisted living, adult care, and senior communities. Rent-stabilized units follow § 7-107, which applies parallel 14-day rules to leases or renewals entered into on or after November 15, 2025; earlier rent-stabilized leases may follow different rules.
These are general summaries, not conclusions about your situation. Review the linked official text and obtain legal advice when needed.
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