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New York · Security Deposit Law

New York Security Deposit Law: 14 days Return Rule

New York's security deposit law (N.Y. Gen. Oblig. Law Section 7-108) requires landlords of buildings with six or more units (or newer buildings of any size) to return your deposit within 14 days of move-out with an itemized statement of any deductions. Missing this deadline triggers an automatic penalty: the landlord owes you twice the deposit amount.

Key fact: New York landlords (buildings with 6+ units built after 1974) must return deposits within 14 days, or owe you double.

Return deadline

14 days

Statute

N.Y. Gen. Oblig. Law Section 7-108

Small claims limit

$10,000 ($5,000 in NYC Small Claims Court)

New York Security Deposit Penalty

Penalty: 2× the deposit amount

Under N.Y. Gen. Oblig. Law Section 7-108(1-a)(e), failure to return the deposit or provide an itemized statement within 14 days entitles you to double the amount of the deposit as a penalty.

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New York Security Deposit FAQs

How long does my New York landlord have to return my security deposit?▾

14 days from the date you vacate, for buildings with 6 or more units built after 1974. The landlord must also provide an itemized written statement of any deductions. N.Y. Gen. Oblig. Law Section 7-108(1-a).

What is the penalty if my New York landlord doesn't return my deposit?▾

Failure to return the deposit or provide an itemized statement within 14 days entitles you to double the deposit amount. NYC Small Claims Court handles up to $5,000; county-level small claims courts handle up to $10,000.

Do I need a lawyer to send a security deposit demand letter?▾

No. The 14-day rule and double-damages provision under Section 7-108 are straightforward enough to invoke with a demand letter. Many tenant rights clinics in New York can also help at no cost.

Does a demand letter actually work to get my deposit back?▾

Yes. The automatic double-damages penalty makes non-compliance expensive. A formal letter citing Section 7-108(1-a)(e) and giving a 10-day response deadline routinely prompts return of the deposit.

Deadlines and statutes change. Always verify with your local court or legal aid before acting. kweldoc is a document drafting tool, not a law firm.