Security deposit interest in Wyoming
No — Wyoming does not require landlords to pay interest on security deposits.
There is no interest to calculate — here is what does apply
Wyoming sets no interest requirement, so there is no figure to work out. The rules below are the ones that decide whether you get your deposit back in full, which is usually the larger sum anyway.
Deadline to return your deposit
30 days.
Within 30 days of the end of the tenancy or 15 days of receiving the tenant's forwarding address, whichever is later. Where damage to the premises is claimed, the landlord has 60 days from the end of the tenancy or 30 days from receiving the forwarding address, whichever is later. The tenant must give the landlord a written forwarding address to trigger these deadlines.
Miss it and the consequences below start to apply.
What to do next
- Give your landlord a written forwarding address. Several states make the return duty conditional on it, and Wyoming's rules are summarised below.
- Photograph the unit at move-out, dated, before you hand back the keys. The dispute is almost always about condition.
- If the deadline passes, put the request in writing and cite Wyo. Stat. Sec. 1-21-1207 to 1-21-1208. Keep a copy of what you sent and when.
Not legal advice. This is general information, not legal advice. Security deposit laws change and vary by jurisdiction. Verify with the cited statute or consult a licensed attorney in your state before taking action.
What does Wyoming law actually say?
Wyoming does not require landlords to pay interest on residential security deposits. The statute contains no interest provision, imposes no escrow or separate account requirement, and sets no cap on the deposit amount. Where a landlord intends to keep any portion of the deposit as a non-refundable fee, that must be stated in writing at the time the deposit is taken, otherwise the whole deposit is refundable.
Within 30 days of the end of the tenancy or 15 days of receiving the tenant's forwarding address, whichever is later, the landlord must return the deposit or provide a written itemised list of any deductions together with the balance. Where damage to the premises is claimed, the landlord has 60 days from the end of the tenancy or 30 days from receiving the forwarding address, whichever is later. Deductions are limited to unpaid rent, damage beyond ordinary wear and tear, and other charges provided for in the rental agreement.
The tenant must give the landlord a written forwarding address to trigger these deadlines.
What if your landlord does not comply?
No interest obligation, so no interest penalty. A landlord who fails to provide the written itemised list within the applicable period forfeits the right to withhold any portion of the deposit. The tenant may then recover the full deposit, and in an action to recover it the court may award court costs and reasonable attorney fees to the prevailing party.