A security deposit receipt is given to a tenant after successful payment of a security deposit for a rental property. Some States require a security deposit receipt that includes the name of the bank institution and the account number where the funds are located. Massachusetts goes a step further and requires that the landlord pay interest in the deposited amount. Once issued, the receipt should be kept by the tenant until the end of the lease term.

Required States

A security deposit receipt is required in the States of:

• Florida
• Kentucky
• Maryland
• Massachusetts
• Michigan
• New Hampshire
• New York
• North Carolina
• *Maine (Portland only)
• Washington
• Washington D.C.