Deposit after a sale
Where do you rent?
The rule depends on your state and city. Pick your state to see the rule where you live.
Every place we cover
Alabama
Whoever owns your rental home when your lease ends must follow the Alabama deposit refund rules. If the home was sold before your lease ended, that means the new owner.
✓ Sources checked September 28, 2026
Alaska
The holder of the landlord's interest in the home when the rental ends must follow the same deposit rules.
✓ Sources checked October 4, 2026
Arizona
Whoever is your landlord when your lease ends must follow Arizona's security deposit law, even if you first rented from someone else.
✓ Sources checked October 4, 2026
Connecticut
If your landlord sells the building while you live there, the new landlord usually takes over the duty to return your deposit. This does not apply if the new landlord is a receiver (someone a court appoints to collect rent from tenants). This applies once your rental ends under the new landlord.
✓ Sources checked October 4, 2026
Florida
If your landlord sells the property or changes who manages it, the new owner or manager takes over the duty to return your deposit. This includes any interest already earned on it. Selling the property does not free your old landlord from responsibility for any deposit rule they broke while they still held your money. Florida law assumes the new owner already has your deposit money, up to the amount of 1 month's rent.
✓ Sources checked October 3, 2026
Idaho
If you paid a security deposit and the property changes owners while you rent, the new owner is liable (legally responsible) for refunding it.
✓ Sources checked October 4, 2026
Iowa
If your landlord sells the building or gives up their interest in it, they must handle your deposit one of two ways. They can transfer it to the new landlord within a reasonable time (without a long delay), minus any money they are allowed to keep. If they do, they must tell you the new landlord's name and address. Instead, your landlord can return the deposit directly to you. Once they do either of these the right way, they no longer owe you anything about your deposit.
✓ Sources checked October 4, 2026
Iowa
A new landlord who takes over your deposit may send you a written notice of the amount they received. You then have 20 days to object to the stated amount. If you do not object in time, the new landlord only has to return the amount stated in the notice.
✓ Sources checked October 4, 2026
Kansas
Sometimes a rental property is sold to a new owner while you are still renting it. If your lease ends after the sale, the new owner must follow Kansas's deposit return rules. This applies to whoever holds the landlord's interest in the property when your lease ends.
✓ Sources checked October 4, 2026
Louisiana
If your landlord sells the rental property while you live there, the job of returning your deposit passes to the new owner. The new owner must return your deposit under the same rules as your old landlord. Your old landlord is no longer responsible once the deposit money is handed over to the new owner.
✓ Sources checked October 4, 2026
Nebraska
The holder of the landlord's interest in the home when your tenancy (your time renting) ends is bound by the deposit rules. A new owner of the building must follow them.
✓ Sources checked October 4, 2026
New Jersey
If your rental home is sold, the new owner is responsible for returning your security deposit to you. This is true whether or not your old landlord passed the deposit on to the new owner.
✓ Sources checked October 3, 2026
New York
If your building is sold, your old landlord has 5 days to hand your deposit to the new owner or return it to you. Your old landlord must also tell you by registered or certified mail who now holds it and their address. The new owner is then responsible for returning it.
✓ Sources checked September 22, 2026
New York City
If your building is sold, the old landlord must hand your deposit to the new owner within 5 days or return it to you. The landlord must mail you the new owner's name and address.
✓ Sources checked October 3, 2026
North Dakota
If the owner of your rental home changes, the security deposit and its interest must be transferred to the new owner. The holder of the landlord's interest when your lease ends must follow the deposit rules, even if that holder did not receive the deposit.
✓ Sources checked October 4, 2026
Rhode Island
Say your Rhode Island landlord sells the building. Whoever holds the landlord's interest when your tenancy (your time as a renter) ends is bound by the deposit law.
✓ Sources checked October 4, 2026
South Carolina
Your old landlord can sell your home in a good-faith sale (an honest sale) to a real buyer. Unless you and your landlord agreed otherwise, your old landlord still owes you your deposit under South Carolina's security deposit law. Say your old landlord gave the deposit to the new owner. Say you were also told in writing within a reasonable time after the sale. Then the new owner owes it instead.
✓ Sources checked October 4, 2026
South Carolina
Unless you and your landlord agreed otherwise, your old landlord can transfer your deposit to the new owner when your home is sold. This only applies if the sale is a good-faith sale (an honest sale) to a real buyer. The new owner takes over responsibility for your deposit only if two things happen. First, your old landlord must actually transfer the deposit to the new owner. Second, you must be told about it in writing within a reasonable time.
✓ Sources checked October 4, 2026
Texas
If the building is sold, the new owner takes over your deposit from the day they get title. The new owner must give you a signed statement naming the exact amount of your deposit. The old owner stays responsible until the new owner has the money or takes on the duty in writing.
✓ Sources checked October 3, 2026
Utah
Utah's renters' deposit law binds the holder of the owner's or agent's interest in the rental. The holder is bound at the time your tenancy (the time you rent the home) ends.
✓ Sources checked October 4, 2026
Vermont
When a landlord's interest in a rental home ends, the security deposit must go to the new landlord. The new landlord must give the tenant actual notice of the new landlord's name and address. The notice must say the deposit was transferred. Actual notice means written notice hand-delivered or mailed to the last known address.
✓ Sources checked October 4, 2026
West Virginia
The holder of the landlord's interest in the home when your rental ends must follow West Virginia's deposit section. That holder must return any deposit the original landlord received that is duly owed to you. This holds however the interest was acquired or transferred, and whatever the original landlord and the new holder agreed between themselves.
✓ Sources checked October 4, 2026
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