What Happens to My Security Deposit at the End of My Lease?
At the end of your lease, your security deposit enters a formal accounting process governed by state law.
Audience: Renters preparing to move out.
Your landlord must either return your deposit or provide a written explanation of any deductions — and there are strict timelines for doing so.
FAQs
How long does the landlord have to return my deposit? State law sets specific deadlines. Your landlord must provide a final accounting and return any balance owed within the required timeframe.
What can be deducted from my deposit? Landlords may deduct for unpaid rent, damage beyond normal wear and tear, excessive cleaning, lease violations, and unreturned keys or access devices. All deductions must be itemized and reflect actual costs.
What can't be deducted? Normal wear and tear, routine maintenance, repainting due to ordinary use, or replacing items at the end of their useful life. If the cost would have existed regardless of your tenancy, it's generally not deductible.
Can the landlord keep my deposit automatically? No. Deposits must be returned unless lawful deductions apply — and those deductions must be documented.
What if deductions exceed my deposit? You may still owe money, but the landlord must explain and justify the charges.
What if I don't receive my deposit or an accounting? That's a serious issue. Make sure your landlord has your forwarding address in writing before you move out.
Tips to improve your chances of a full return:
- Follow move-out instructions carefully
- Clean thoroughly, especially kitchens and bathrooms
- Remove all personal property
- Return all keys, remotes, and access devices
- Take dated photos at move-out for your records
Related knowledge base articles
These often go hand-in-hand with end-of-lease questions:
-
What happens to my security deposit while I’m a resident?
https://movezen360.com/nc-security-deposit-during-tenancy -
How much security deposit can a landlord charge in NC?
https://movezen360.com/nc-security-deposit-limits -
When is rent due and is there a grace period in NC?
https://movezen360.com/nc-rent-due-grace-period -
What renters should know before applying:
https://movezen360.com/before-applying-information/