Reference: the security deposit rule in each state and covered city. To settle a deposit, use the free Deposit settlement tool.
Reference
Security deposit rules in Connecticut
Connecticut: return the deposit within 21 calendar days of the end of the tenancy. 15 calendar days after receipt of the tenant's forwarding address if A written forwarding address is received; 15 days after it, if that is later (If the written forwarding address arrives so that address + 15 days is later than termination + 21 days, the later date governs). Interest: yes. Penalty if the refund or statement is late: 2x the deposit. (Conn. Gen. Stat. 47a-21)
The rule in plain words
- Return by: 21 calendar days after the end of the tenancy (needs a forwarding address).
- Deductions allowed: unpaid rent, unpaid utilities, damage beyond wear. Normal wear and tear never. Depreciation: none.
- Interest: Yes, 0.49%.
- Penalty: 2x the deposit if the refund or statement is late.
- Deposit cap: 2 month(s) of rent.
The rule text
Not later than twenty-one days after termination of a tenancy or fifteen days after receiving written notification of such tenant's forwarding address, whichever is later, each landlord other than a rent receiver shall deliver to the tenant or former tenant at such forwarding address either (A) the full amount of the security deposit paid by such tenant plus accrued interest ...
Conn. Gen. Stat. 47a-21(d)(2). Source: Connecticut General Statutes 47a-21 Security deposits, read 2026-10-09.
Research notes (2)
How we sourced this rule: where the text was read and what we could not check.
- Interest is year-segmented: a single rate_value is only right for tenancies within 2026; the DOB's Excel interest calculator lists each year's rate.
- P.A. 23-207 secs. 38-39 amended 47a-21; content and effective date not checked.
Worked example
A $2,000.00 deposit; the tenant moved in on June 1, 2023 and out on September 30, 2026. Intended deductions: $300.00 unpaid rent, $150.00 cleaning and a $1,200.00 carpet that was 5 years old.
- Return by
- October 21, 2026
21 calendar days after the end of the tenancy.
- Allowed deductions
- $1,500.00
Of $1,650.00 claimed.
- Refund due
- $531.90
Interest $31.90.
The draft statement for this example
DRAFT ITEMIZED STATEMENT OF SECURITY DEPOSIT Rule: Conn. Gen. Stat. 47a-21 (Connecticut) Move-out date: September 30, 2026 Security deposit held $2,000.00 Interest credited $31.90 Deduction: Unpaid rent -$300.00 Deduction: Carpet -$1,200.00 Total deductions -$1,500.00 Refund due to tenant $531.90 Return by October 21, 2026 Notes: - Itemized under Conn. Gen. Stat. 47a-21.
Computes and cites the published rule; it is not legal advice. You sign the statement: check the statute, your lease and any local ordinance first. Read the disclaimer.