The complete text of New Jersey’s security deposit law can be found at New Jersey Statutes Annotated 46:8-19 to 26. In New Jersey, generally a landlord must return the security deposit within 30 days after tenant move out or lease termination. The landlords are also responsible to return any accumulated interest or earnings.
other situations in which the landlord has to return the money faster. In the case in which a tenant has ended their
lease because they are a victim of domestic violence, the landlord has 15 days to
return the security deposit. Also, if a tenant has been displaced due to a
floor, fire, evacuation or condemnation of property, the landlord is required
to return the security deposit within 5 days.
may be able to keep all or a part of a tenant’s security deposit for unpaid rent
and for damage to the property in excess of normal wear and tear. However, the landlord is not allowed to make
any deductions from the security deposit until the tenant has moved out of the
For more information please contact our office at 201-880-5563 or visit us at www.ruizdoolanlaw.com for a consultation.
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