State Law Guide · Updated January 2026

New York Security Deposit Laws

Under New York General Obligations Law § 7-108, New York landlords must return security deposits within 14 days of a tenant moving out. Landlords who wrongfully withhold deposits face penalties of up to Up to 2x the deposit wrongfully withheld (bad faith).

Quick Answer

In New York, landlords have 14 days to return your security deposit after you move out and provide a forwarding address. The maximum deposit is 1 month's rent. If your landlord wrongfully withholds your deposit, you can sue in Small Claims Court (up to $10,000) and may recover Up to 2x the deposit wrongfully withheld (bad faith) under New York General Obligations Law § 7-108. Landlords must provide an itemized statement of deductions.

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What New York Law Requires

Return Deadline

Landlords have exactly 14 days to return your deposit after you move out. If they make deductions, they must provide an itemized statement explaining each charge with documentation.

Penalties for Violations

Landlords who wrongfully withhold deposits face Up to 2x the deposit wrongfully withheld (bad faith). You can file in small claims court for amounts up to $10,000without needing an attorney.

Common Deductions Landlords Make

Federal guidelines from HUD and the IRS establish "useful life" standards that limit what landlords can charge. Many common deductions are partially or fully invalid under these guidelines.

Carpet Replacement

Typical: $800-2,500

5-year useful life per HUD MAP Guide Appendix 5C. Charges may be reduced or invalid based on how long you lived there.

Interior Paint

Typical: $400-1,500

3-year useful life per HUD Handbook 4350.1. Charges may be reduced or invalid based on how long you lived there.

Appliance Replacement

Typical: $500-2,000

15-year useful life per IRS Publication 527. Charges may be reduced or invalid based on how long you lived there.

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HUD/IRS Citations

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Frequently Asked Questions

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

New York landlords have 14 days after you move out to return your deposit. This strict deadline applies statewide.

What is the deposit limit in New York?

Since 2019, New York caps deposits at 1 month's rent statewide. Additional advance rent cannot exceed 1 month.

Does my New York landlord have to pay interest?

Yes. Landlords must put deposits in interest-bearing accounts and pay you the interest (minus 1% admin fee) annually.

What changed with the 2019 HSTPA reforms?

The Housing Stability and Tenant Protection Act capped deposits at 1 month, shortened return to 14 days, and strengthened rent-stabilized tenant protections.

City-Specific Rules

Some New York cities have additional tenant protections:

  • New York City: Rent stabilization for many units. HPD oversees housing complaints. Strong tenant advocacy.
  • Buffalo: Additional tenant protections through city ordinances.

Official Resources

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Based on New York General Obligations Law § 7-108 · HUD Handbook 4350.1 · IRS Publication 527

Disclaimer: This page provides general information about New York security deposit laws and is intended for educational purposes only. It is not legal advice. Laws may change, and individual circumstances vary. Consult a licensed attorney for advice specific to your situation.

Last updated: January 2026. Sources: New York General Obligations Law § 7-108, HUD Handbook 4350.1, IRS Publication 527.