Security Deposit Receipt
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Create professional security deposit receipts that comply with state disclosure requirements. Our template includes proper documentation of deposit amount, holding location, and conditions for return.
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State Security Deposit Laws
| State | Maximum Deposit | Return Deadline |
|---|---|---|
| California | 2x rent (unfurnished) | 21 days |
| New York | 1 month rent | 14 days |
| Texas | No limit | 30 days |
| Florida | No limit | 15-30 days |
| Illinois | No limit | 30-45 days |
| Colorado | No limit | 30-60 days |
Best Practices for Security Deposits
For Landlords:
- Provide written receipt immediately upon receiving deposit
- Hold deposits in a separate interest-bearing account (where required)
- Conduct move-in inspection with tenant and document condition
- Keep detailed records of deposit account information
- Return deposit promptly with itemized deduction list
For Tenants:
- Request written receipt at time of payment
- Document the property condition at move-in with photos
- Keep a copy of all receipts and inspection reports
- Provide forwarding address at move-out
Related Documents
- Move-In Inspection Checklist - Document property condition
- Move-Out Inspection Checklist - Compare condition at end of tenancy
- Security Deposit Return Letter - Itemized accounting at move-out
- Security Deposit Calculator - Calculate proper return amount
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Updated 2026
Reflects current landlord-tenant rules
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Disclaimer: LeaseCraft provides document templates and tools for informational purposes only. We are not a law firm and do not provide legal advice. Consult a licensed attorney in your state before relying on any generated document.