Home Buying in Park Hill>Question Details

Lee, Renter in Brooklyn, NY

So Im finally moving out of my apt and into a new home. How soon can I should recieve my security?

Asked by Lee, Brooklyn, NY Thu Oct 20, 2011

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Yep. You should check your lease agreement.
1 vote Thank Flag Link Thu Oct 20, 2011

"give me a call now"??

the man asked the question in Oct. 2011!!!

Doubt he is still waitng for his security deposit or in need of help!
0 votes Thank Flag Link Wed Apr 24, 2013
Hi lee
Congratulations on you purchase of a new home. The norm is 30 days to get you security deposit back. If you hung pictures on the wall and put screws and nails to hang them this may be deducted from the deposit. If there are wholes in the walls and doors this also may be reason for deduction. If you are giving the apartment back as you received it you should receive all of your deposit back.

As a new home owner if you need further information please feel free to give me a call.
at 646 251 9618.
0 votes Thank Flag Link Wed Apr 24, 2013
Hey Lee,
Congratulations on buying a new home. Once you are packed and out and return the key to your landlord it should be within a reasonable amount of time, as Rose stated. If there are no major issues with the condition of your apartment from the day you first rented, it sould be quick, especially if you deal directly with the landlord.
If you painted without the landlords consent or the walls are damaged and require patch up, this will be deducted. Anything major where the landlord might require an estimate could understandably take longer and deducted from your security.
Good Luck!
0 votes Thank Flag Link Sun Nov 13, 2011
Most states have tenant/landlord laws that dictate when the security deposit needs to be returned to the tenant - in NJ, for example, the landlord has 30 days from the day the tenant moves out of the unit

In NY - "The landlord must return the security deposit, less any lawful deduction, to the tenant at the end of the lease or within a reasonable time thereafter. "

From what I have read regarding what is customary or usual in NY - "Reasaonble" time is usually 30-60 days.
Money should not be deducted for normal wear and tear......and you should be notified what, if anything, is going to be deducted......and why.

Best wishes............
0 votes Thank Flag Link Thu Oct 20, 2011
I'm going to come from left field and say it depends on your landlord. Your lease says one thing, but your landlord can come back to you and say something different...then you got a sticky situation. Be prepared to fight for it, he/she may stick you with cleaning jobs or repair items that you may have missed.
0 votes Thank Flag Link Thu Oct 20, 2011
Review your lease to see if it has any specifics. Either way, make sure the home is returned in the condition it was when rented to you. Otherwise, the owner will most definitely look to deduct from your deposit. In my experience, the cleaner you give it back, the quicker you get your deposit. If the owner needs to get estimates for a cleanup and/or repairs, this will make for a lengthy wait & frustrate all parties.

Good luck,
Joseph Lebron
0 votes Thank Flag Link Thu Oct 20, 2011
It depends on where you live. In Los Angeles, it does not matter what the lease says. The owner has to return the deposit within 21 days.
0 votes Thank Flag Link Thu Oct 20, 2011
It depends on your lease with your landlord. Typically, upon your notice to the landlord that you're vacating the premises, the landlord will do a final inspection of the premises. If you've left the premises in broom swept condition like it was when first given to you, then you should receive your security back right away. At that point there would be no reason for the landlord to hold on to your money any longer.

Good Luck,
Frank DiTommaso
0 votes Thank Flag Link Thu Oct 20, 2011
You have to check on your lease's agreement.
Web Reference: http://www.freudrealty.com/
0 votes Thank Flag Link Thu Oct 20, 2011
You will have to check the language in your lease. It can range from 2-4 weeks or whatever was mutually agreed upon.

Christopher Pagli
Licensed Associate Broker
Accredited Buyer Representative
GREEN Designated Agent
William Raveis Legends Realty Group
0 votes Thank Flag Link Thu Oct 20, 2011
Much will depend on your initial lease agreement, review the document...
0 votes Thank Flag Link Thu Oct 20, 2011
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