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.
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.
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.
Licensed Associate Broker
Accredited Buyer Representative
GREEN Designated Agent
William Raveis Legends Realty Group