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 Wisconsin
Wisconsin: return the deposit within 21 calendar days of the later of move-out and the end of the tenancy. If the landlord re-rents before the lease ends, 21 days after the new tenancy begins (704.28(4)(b)), when that is earlier. Interest: no. Penalty if the rule is not followed (no bad faith needed): 2x the amount withheld. (Wis. Stat. 704.28; Wis. Admin. Code ATCP 134.06)
The rule in plain words
- Return by: 21 calendar days after the later of move-out and the end of the tenancy.
- Deductions allowed: damage beyond wear, unpaid rent, unpaid utilities, other lease obligations. Normal wear and tear never. Depreciation: none.
- Interest: No.
- Penalty: 2x the amount withheld if the rule is not followed (no bad faith needed).
The rule text
A landlord shall deliver or mail to a tenant the full amount of any security deposit paid by the tenant, less any amounts that may be withheld under subs. (1) and (2), within 21 days after any of the following:
Wis. Stat. 704.28(4). Source: Wis. Stat. 704.28 Withholding from and return of security deposits, read 2026-10-09.
Notes on this rule (1)
- Withholding for anything outside the standard list needs a signed NONSTANDARD RENTAL PROVISIONS document.
Research notes (1)
How we sourced this rule: where the text was read and what we could not check.
- 704.28 history: 2011 a. 143; 2013 a. 76. ATCP 134.06(2) recreated 2015-11-01.
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 later of move-out and 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: Wis. Stat. 704.28; Wis. Admin. Code ATCP 134.06 (Wisconsin) Move-out date: September 30, 2026 Security deposit held $2,000.00 Deduction: Unpaid rent -$300.00 Deduction: Carpet -$1,200.00 Total deductions -$1,500.00 Refund due to tenant $500.00 Return by October 21, 2026 Notes: - Itemized under Wis. Stat. 704.28; Wis. Admin. Code ATCP 134.06.
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.