New York Security Deposit Rules
Official deposit limits, return deadlines, and legal citations for this state.
Deposit Requirements
Maximum Deposit
1 month's rent
Return Deadline
14
Itemized Statement Required
Yes
Interest Required
Yes
Pet Deposit Rules
No separate statutory pet deposit limit; included in max deposit.
Allowed Deductions
Damage beyond normal wear and tear, unpaid rent, and other costs associated with lease violations.
Security Deposit Timeline
Maximum Deposit
1 month's rent
Return Deadline
14
Itemized Statement
Yes
Interest Required
Yes
Pet Deposit Rules
No separate statutory pet deposit limit; included in max deposit.
Allowed Deductions
Damage beyond normal wear and tear, unpaid rent, and other costs associated with lease violations.
Legal Citations
- N.Y. Real Prop. Law § 227-e