How long do I have after my tenants vacate the apartment to pay back their security deposit?

03/01/2007 - Landlord Tenant - State: CT #764

Full Question:

I am a landlord. How long do I have after my tenants vacate the apartment to pay back their security deposit? Also, if their is damage to the property, do I need to deduct the cost of repairs out of their security?

Answer:

Chapter 831 of Title 47a of Connecticut General Statutes provides in part:

"Security deposit" means any advance rental payment other than an advance payment for the first month's rent and a deposit for a key or any special equipment. Within the time specified in subdivisions 2 and 4 of this subsection, the person who is the landlord at the time a tenancy is terminated, other than a rent receiver, shall pay to the tenant or former tenant:

A. The amount of any security deposit that was deposited by the tenant with the person who was landlord at the time such security deposit was deposited less the value of any damages which any person who was a landlord of such premises at any time during the tenancy of such tenant has suffered as a result of such tenant's failure to comply with such tenant's obligations; and

B. Any accrued interest due on such security deposit as required by subsection i of this section. If the landlord at the time of termination of a tenancy is a rent receiver, such rent receiver shall return security deposits in accordance with the provisions of subdivision (3) of this subsection.

2. Upon termination of a tenancy, any tenant may notify his landlord in writing of such tenant's forwarding address. Within thirty days after termination of a tenancy, each landlord other than a rent receiver shall deliver to the tenant or former tenant at such forwarding address either the full amount of the security deposit paid by such tenant plus accrued interest as provided in Subsection I of this Section, or the balance of the security deposit paid by such tenant plus accrued interest as provided in Subsection I of this Section after deduction for any damages suffered by such landlord by reason of such tenant's failure to comply with such tenant's obligations, together with a written statement itemizing the nature and amount of such damages. Any such landlord who violates any provision of this subsection shall be liable for twice the value of any security deposit paid by such tenant.

4. Any landlord who does not have written notice of his tenant's or former tenant's forwarding address shall deliver any written statement and security deposit due to the tenant, as required by Subdivision 2 of this Subsection, within the time required by Subdivision 2 of this Subsection or within fifteen days after receiving written notice of such tenant's forwarding address, whichever is later.



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03/01/2007 - Category: Landlord Tenant - State: CT #764

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