Property Management
In New York, a landlord must return a residential security deposit or provide an itemized statement of deductions within how many days after the tenant vacates?
A14 days✓ Correct
B30 days
C45 days
D60 days
Explanation
Under New York General Obligations Law section 7-108 (as amended by the HSTPA 2019), a landlord must return the security deposit or provide an itemized written statement of deductions within 14 days after the tenant vacates and returns the keys. Failure to comply may result in the landlord forfeiting the right to retain any portion of the deposit.
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