Official-source record · NY

New York security deposit law

Structured limits, deadlines, and accounting rules from the official statute. Exceptions and source locators remain attached to each value.

Information, not legal advice. This page reports selected statute text; it does not apply the law to a specific lease, person, or dispute. Report a possible error

Record 01 Human checked

General deposit limit

1 month’s rent

Subdivision 1-a sets a one-month-rent limit for the dwelling units within its stated coverage.

Scope notes

The statute lists exceptions for certain regulated, care, retirement, seasonal-use, and owner-occupied cooperative dwelling arrangements.

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Source excerpt

“No deposit or advance shall exceed the amount of one month’s rent”

§ 7-108(1-a)(a)

Authority: New York State Senate
Human verified: Jul 29, 2026
Source checked: Jul 29, 2026
Confidence: High — direct statute text

Read the official source

Record 02 Human checked

Return and itemization deadline

14 days

Subdivision 1-a sets a 14-day period after the tenant vacates for an itemized statement and any remaining deposit.

Scope notes

This record is limited to the dwelling units covered by section 7-108.

Open primary-source trail

Source excerpt

“Within fourteen days after the tenant has vacated”

§ 7-108(1-a)(e)

Authority: New York State Senate
Human verified: Jul 29, 2026
Source checked: Jul 29, 2026
Confidence: High — direct statute text

Read the official source

Primary evidence

Source register

Only official government sources support the published values on this page.

New York General Obligations Law section 7-108

New York State Senate · N.Y. Gen. Oblig. Law § 7-108(1-a)

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Suggested citation

DwellDocket. “New York security deposit law.” Human verified Jul 29, 2026. https://dwelldocket.com/landlord-tenant/new-york/security-deposits/

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This record does not decide whether a statute applies to a particular property, lease, subsidy program, regulated unit, local rule, or factual dispute. It also does not reproduce every subsection. The linked official source controls.