The itemized statement Massachusetts requires when you keep any part of a deposit — due within 30 days under M.G.L. c. 186, § 15B — generated from the deposit settlement in your ledger, with every deduction, the refund, the interest and the statute already in it.
Pick the situation; the rule on each card is Massachusetts's statutory minimum — your lease can be more generous to the tenant, never less.
M.G.L. c. 186, § 15B30 days (M.G.L. c. 186, § 15B).
Unpaid rent and charges the lease allows, and damage beyond normal wear and tear. Not routine cleaning, repainting, or carpet wear from ordinary use. Each deduction must be itemized.
Yes: One month’s rent.
Yes, 5% or the bank’s rate, paid yearly.
The statement shows the balance owed and the tenant is liable for it. The in-app settlement posts the difference to accounts receivable so it is not forgotten.
Massachusetts landlord-tenant laws · Massachusetts lease template · Deposit return letters for all 50 states
Deductions, refund, deadline and the statute filled in from your ledger. Free.
Deadlines and rules are Massachusetts's statutory minimums as of 2026, reviewed against Massachusetts General Laws, Chapter 186 (Estates for Years and at Will). General information for landlords, not legal advice; local ordinances can add requirements.