Once a lease terminates and a tenant demands the return of the security deposit, how many days does the landlord have to return it and provide an accounting?

Once a lease terminates and a tenant demands the return of the security deposit, how many days does the landlord have to return it and provide an accounting?

• A. 14 calendar days
• B. 7 calendar days
• C. 7 business days
• D. 14 business days

Answer: (D)

In Arizona, a landlord is required to return a tenant's security deposit within 14 business days after the termination of the lease and the tenant's request for its return. This timeframe ensures that the landlord has sufficient time to conduct any necessary inspections of the property, determine any deductions that may be warranted for damages beyond normal wear and tear, and provide an accurate accounting of any amounts withheld from the security deposit. This standard is designed to protect tenants by ensuring timely communication and accountability from landlords regarding the funds held during the lease period. By requiring an accounting alongside the return, the law helps to clarify any disputes that may arise over potential deductions and reinforces transparency in the handling of tenants' funds. Understanding this specific timeframe is crucial for both landlords and tenants, as it outlines their rights and responsibilities under Arizona rental law. Knowing this helps tenants make informed decisions about pursuing their rights in relation to their security deposits.

In Arizona, a landlord is required to return a tenant's security deposit within 14 business days after the termination of the lease and the tenant's request for its return. This timeframe ensures that the landlord has sufficient time to conduct any necessary inspections of the property, determine any deductions that may be warranted for damages beyond normal wear and tear, and provide an accurate accounting of any amounts withheld from the security deposit.

This standard is designed to protect tenants by ensuring timely communication and accountability from landlords regarding the funds held during the lease period. By requiring an accounting alongside the return, the law helps to clarify any disputes that may arise over potential deductions and reinforces transparency in the handling of tenants' funds.

Understanding this specific timeframe is crucial for both landlords and tenants, as it outlines their rights and responsibilities under Arizona rental law. Knowing this helps tenants make informed decisions about pursuing their rights in relation to their security deposits.