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Mold and Your Rental Property. Related Ads. Here's the amount of time landlords have to return a tenant's security deposit after the tenant leaves. For details on your state's specific procedures for returning security deposits, see your state's security deposit laws.
While we will provide more information on other provisions of the bill shortly, one part increases the time a landlord may return a security deposit from 14 days to 21 days. The law becomes effective June 8, 2016. The new law, when it becomes effective, requires a landlord to send a full and complete accounting of any money withheld from a former tenant's security deposit within 21 days after termination of the rental agreement and vacation of the premises.