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 New Hampshire
New Hampshire: return the deposit within 30 calendar days of the end of the tenancy. Interest: conditional. Penalty if the rule is not followed (no bad faith needed): 2x the amount withheld. (N.H. RSA 540-A:5 to 540-A:8)
The rule in plain words
- Return by: 30 calendar days after the end of the tenancy.
- Deductions allowed: unpaid rent, damage beyond wear, real estate tax increase, other lease obligations. Normal wear and tear never. Depreciation: none.
- Interest: Conditional.
- Penalty: 2x the amount withheld if the rule is not followed (no bad faith needed).
- Deposit cap: 1 month(s) of rent (One month's rent or $100, whichever is greater.).
- Who it covers: Exempt landlords: a person renting one single-family residence who owns no other rental property, or units in an owner-occupied building of 5 units or fewer, except units occupied by a person 60 or older (540-A:5, I).
The rule text
Except as provided in RSA 540-A:6, IV(c), a landlord shall return a security deposit to a tenant and pay the interest due, if any, within 30 days from the termination of the tenancy.
N.H. RSA 540-A:7, I. Source: N.H. RSA 540-A:7 Return of Security Deposit, read 2026-10-09.
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
- $1,500.00
Of $1,650.00 claimed.
- Refund due
- $500.00
Interest $0.00.
The draft statement for this example
DRAFT ITEMIZED STATEMENT OF SECURITY DEPOSIT Rule: N.H. RSA 540-A:5 to 540-A:8 (New Hampshire) Move-out date: September 30, 2026 Security deposit held $2,000.00 Interest credited see note Deduction: Unpaid rent -$300.00 Deduction: Carpet -$1,200.00 Total deductions -$1,500.00 Refund due to tenant $500.00 Return by October 30, 2026 Notes: - The itemized list must state with particularity the repair needed and give 'satisfactory evidence' that it has been or will be completed, e.g. receipts for materials, labor estimates, bills or invoices (540-A:7, I). - Interest: The rate paid on regular savings accounts at the NH institution holding the deposit (actual earnings pro rata if pooled), from receipt of the deposit. The tenant may request accrued interest every 3 years (540-A:6, IV(c)). - Itemized under N.H. RSA 540-A:5 to 540-A:8.
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.