How often must a landlord provide accounting of the security deposit?

In Oklahoma, a landlord is required by law to provide an accounting of the security deposit within 45 days after the tenant vacates the rental property. This requirement ensures that tenants receive a timely and clear explanation of any deductions made from their security deposit, promoting transparency in the landlord-tenant relationship.

This timeframe allows landlords adequate opportunity to inspect the property, assess any damage, and calculate any allowable deductions for repairs or unpaid rent. The 45-day requirement protects tenants by ensuring they are informed of the status of their security deposit without unreasonable delays, enabling them to address any disputes that may arise regarding those deductions.

This specific duration is a critical aspect of property management practice in Oklahoma, as it upholds the rights of tenants while providing landlords with a structured timeline to follow when dealing with security deposits.