A security deposit receipt is provided by a landlord to a tenant after receiving payment for the security deposit. This amount is placed in the landlord’s bank account for the security of the lease. Per State laws, this amount will be returned to the tenant at the end of the tenancy.
Required States (10)
A security deposit receipt is required to be issued if a deposit is accepted in the following States:
- Florida – § 83.49
- Kentucky – § 383.580(1)
- Maryland – § 8–203
- Massachusetts – Chapter 186, Section 15B(2)(c)
- Michigan – § 554.603
- New Hampshire – RSA 540-A:6(I)(b)
- New York – § 7-103
- North Carolina – § 42-50
- *Maine (*city of Portland only) – § 30.01.087(B)(1)
- Washington – § 59.18.270
- Washington D.C. – § 14-306
Maximum Security Deposit Amounts ($)
Use this table to view the maximum limit a landlord may charge a tenant for a security deposit at the start of a lease.
(Video) What is a Security Deposit Receipt?
How to Write
Download: Adobe PDF, Microsoft Word (.docx), Open Document Text (.odt)
Step 1 – Download the document –
- Enter the date in which the receipt is written in mm/dd/yyyy format
- Enter the name of the tenant to whom the receipt is written
Step 2 – Location of the Funds –
- Provide the address of the banking institution where the deposit will be held until termination of the lease
- Enter the City where the bank is located
- Enter the State where the bank is located
Step 3 – Deposit Amount, Bank and Account Information –
- Enter the deposit amount (in U.S. Dollars)
- Provide the name of the banking institution
- Enter the account number into which the deposit shall be kept
- Enter the date the deposit has been made in dd/mm/yyyy format
Step 4 – Landlord’s Signature –
- Enter the landlord’s signature
- Printed Name
- Date of the Signature in mm/dd/yyyy format