How long does a landlord have to return a security deposit in Massachusetts?

In Massachusetts, a landlord has 30 days after the tenancy ends to return the security deposit, together with an itemised statement of any deductions. Massachusetts also requires interest to be paid on the deposit: 5 % or the bank rate, paid annually; the deposit must be in a separate Massachusetts account named to the tenant. This is M.G.L. c. 186, § 15B.

WhatMassachusetts
Deadline to return30 days
Itemized statement requiredYes
Interest payable to the tenantYes

Source

M.G.L. c. 186, § 15B

Read the statute in the General Laws of Massachusetts (Massachusetts Legislature): malegislature.gov.

This is a summary of a published statute, not legal advice. Rules change, local ordinances can add to them, and the terms of a specific lease may differ. Check the citation and speak to a lawyer before acting.

How Seayora uses this rule

Seayora computes the deadline this rule sets from the tenancy’s own dates, shows it on the deposit statement, and reminds the landlord before it falls due — so the answer above is not reference material sitting beside the product, it is the rule the product enforces.

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