New York· Answer
What is the penalty for not returning a deposit in New York?
Short answer
Failure to provide the itemized statement within 14 days forfeits the landlord's right to retain any part of the deposit. The penalty is in addition to the wrongfully withheld deposit itself. New York courts routinely hear deposit disputes in small-claims court, where landlords who missed the 14-day deadline without written explanation face a presumption of bad faith.
Source: GOL 7-108(1-a)(e)
Honest limits
This is an informational answer based on GOL 7-108(1-a)(e) as of early 2026. It is not legal advice. Housing law changes year to year and local ordinances (especially in rent-controlled or rent-stabilized cities) can override or add to state law. For contested cases, consult a New York-licensed attorney.
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