HB 5600

Abstract

Amends the Security Deposit Return Act. Provides that a lessor shall return a security deposit, in full or in part, within 14 days (rather than 45) of the date that the lessee vacated the leased premises. Provides that for the lessor to withhold any part of the security deposit, the lessor has 14 (rather than 30) days to provide the lessee with a statement of damage. Provides that if only part of the security deposit is withheld, the lessor shall return the part not withheld at the time the lessor furnishes the statement of damage.