57-17-1 - Return or explanation of retainage upon termination of tenancy.

57-17-1. Return or explanation of retainage upon termination of tenancy.
Owners or designated agents requiring deposits however denominated from rentersleasing or renting residential dwelling units shall either return those deposits at the termination ofthe tenancy or provide the renter with written notice explaining why any deposit refundable underthe terms of the lease or rental agreement is being retained.

Enacted by Chapter 74, 1981 General Session