What is the timeframe for refunding a security deposit after a resident moves out?

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The correct timeframe for refunding a security deposit after a resident moves out is 30 days. This duration is commonly mandated by state landlord-tenant laws, which generally require landlords to return the security deposit within this period unless specific deductions are made for damages or unpaid rent.

If there are deductions, landlords are often obligated to provide a detailed accounting of the reasons for those deductions along with the remaining balance of the deposit. This timeframe ensures that residents receive a timely return of their funds and helps promote transparency in the transaction.

The other options either suggest a shorter or greater timeframe than typically allowed by law, which could lead to potential disputes or legal issues between landlords and tenants if not adhered to appropriately.

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