How long does a landlord in Alaska have to return a security deposit?
Fourteen days applies only when the landlord or tenant gave notice of termination complying with AS 34.03.290 AND the landlord deducts nothing; the same subsection gives the landlord thirty days if costs are deducted for damages caused by the tenant's noncompliance. If the tenant did not give notice complying with AS 34.03.290, the deadline is thirty days after the tenancy is terminated, possession is delivered, or the landlord becomes aware the unit is abandoned. The clock runs from termination of the tenancy and delivery of possession, and the landlord discharges the duty by mailing to the tenant's last known address.
In plain terms, the statute says
If the landlord wilfully fails to comply with the itemize-and-refund duty of subsection (b), the tenant may recover an amount not to exceed twice the actual amount withheld, so the remedy requires a finding of wilfulness and is a ceiling rather than an automatic award. The section does not preclude either side from recovering other damages under the chapter.
Who this covers
Subsection (a) says 'This section does not apply to rental units where the rent exceeds $2,000 a month.' On its face that limits the whole section, but it sits in the subsection capping the deposit at two months' rent, so who it reaches is not settled.
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Questions people ask
How long does a landlord in Alaska have to return a security deposit?
Fourteen days applies only when the landlord or tenant gave notice of termination complying with AS 34.03.290 AND the landlord deducts nothing; the same subsection gives the landlord thirty days if costs are deducted for damages caused by the tenant's noncompliance. If the tenant did not give notice complying with AS 34.03.290, the deadline is thirty days after the tenancy is terminated, possession is delivered, or the landlord becomes aware the unit is abandoned. The clock runs from termination of the tenancy and delivery of possession, and the landlord discharges the duty by mailing to the tenant's last known address.
Who does Alaska's security-deposit law cover?
Subsection (a) says 'This section does not apply to rental units where the rent exceeds $2,000 a month.' On its face that limits the whole section, but it sits in the subsection capping the deposit at two months' rent, so who it reaches is not settled.
What happens if a landlord in Alaska is late?
If the landlord wilfully fails to comply with the itemize-and-refund duty of subsection (b), the tenant may recover an amount not to exceed twice the actual amount withheld, so the remedy requires a finding of wilfulness and is a ceiling rather than an automatic award. The section does not preclude either side from recovering other damages under the chapter.
Where can I read Alaska's security-deposit law?
Alaska's rule is in Alaska Stat. § 34.03.070. The link on this page goes to the official text, so you can read the section yourself rather than take our word for it.
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