What are the laws governing the return of a security deposit after a tenant moves out?

In New Hampshire, the laws governing the return of a security deposit after a tenant moves out are laid out in the statute RSA 540:2. This statute states that a landlord must, within 30 days of the termination of the rental agreement, return the security deposit and provide a statement of any deductions made from the security deposit to the tenant. The statement must include the amount of the security deposit, any deductions taken from the security deposit, and any remaining balance. If deductions were taken from the deposit, the landlord must provide an itemized list of the repairs and/or cleaning that were performed and the cost of each item. The landlord is allowed to deduct funds from the security deposit in order to repair any damage the tenant caused while in the rental unit, or if the rental unit was left in an unclean state. The landlord cannot deduct funds to cover wear and tear, such as fading paint or carpets that need to be replaced. If the landlord withholds any portion of the security deposit, the tenant may be able to file a complaint with the New Hampshire Bureau of Consumer Protection, who will investigate any violations of RSA 540:2.

Related FAQs

Are there any laws governing the use of tenant's security deposits?
What types of repairs and maintenance do landlords typically pay for?
What remedies can a tenant seek if a landlord fails to make repairs to the rental property?
Are there any laws governing the use of locks in rental properties?
What are the rules regarding eviction?
What are the legal obligations of a tenant when a rental property is sold?
What types of eviction notices are legally acceptable?
Are there any laws governing the use of tenants' security deposits?
What are the consequences of a tenant not properly vacating a rental property?
What are the tenant’s rights when a landlord fails to return a security deposit?

Related Blog Posts

Understanding How Landlord and Tenant Law Works - July 31, 2023
Tips for Landlords: Know Your Rights and Responsibilities Under Landlord and Tenant Law - August 7, 2023
The Key Components of a Landlord and Tenant Agreement - August 14, 2023
What is a Landlord’s Obligation to their Tenants? - August 21, 2023
The Basics of Evictions and How Landlord and Tenant Law Offers Protection - August 28, 2023