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 Nevada
Nevada: return the deposit within 30 calendar days of the end of the tenancy. Interest: no. Penalty if the refund or statement is late: 2x the deposit. (NRS 118A.242)
The rule in plain words
- Return by: 30 calendar days after the end of the tenancy.
- Deductions allowed: unpaid rent, damage beyond wear, cleaning to move in condition. Normal wear and tear never. Depreciation: none.
- Interest: No.
- Penalty: 2x the deposit if the refund or statement is late.
- Deposit cap: 3 month(s) of rent.
The rule text
The landlord shall provide the tenant with an itemized, written accounting of the disposition of the security deposit or surety bond, or a combination thereof, and return any remaining portion of the security deposit to the tenant no later than 30 days after the termination of the tenancy
NRS 118A.242(4). Source: NRS Chapter 118A (118A.242 Security deposit), read 2026-10-09.
Research notes (1)
How we sourced this rule: where the text was read and what we could not check.
- The official chapter page was revised 2026-04-15 (through the 2025 session); 118A.242 was last amended in 2021.
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 30, 2026
30 calendar days after the end of the tenancy.
- Allowed deductions
- $1,650.00
Of $1,650.00 claimed.
- Refund due
- $350.00
Interest $0.00.
The draft statement for this example
DRAFT ITEMIZED STATEMENT OF SECURITY DEPOSIT Rule: NRS 118A.242 (Nevada) Move-out date: September 30, 2026 Security deposit held $2,000.00 Deduction: Unpaid rent -$300.00 Deduction: Cleaning -$150.00 Deduction: Carpet -$1,200.00 Total deductions -$1,650.00 Refund due to tenant $350.00 Return by October 30, 2026 Notes: - Itemized under NRS 118A.242.
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.