Reconcile deposits being transferred at sale.
Build a multi-unit deposit transfer ledger and statutory transfer-notice review checklist.
Part of the Seller Money Center
Create a unit-by-unit principal and interest ledger, transfer-status checklist, and successor acknowledgment worksheet.
Complete the inputs above, then calculate to review the result.
What this covers
- What it answers
- Build a multi-unit deposit transfer ledger and statutory transfer-notice review checklist.
- Who it is for
- Owners getting ready to sell.
- What you enter
- Property reference · Buyer or successor · Closing date · Unit · Tenant/reference (optional) · Deposit principal · Accrued interest entered · Transfer status · Unit · Tenant/reference (optional)
- What it does not cover
- Informational worksheet. New York counsel should review statutory transfer and notice requirements.
Questions about the Security Deposit Transfer at Sale
What does the Security Deposit Transfer at Sale do?
Create a unit-by-unit principal and interest ledger, transfer-status checklist, and successor acknowledgment worksheet.
Is the Security Deposit Transfer at Sale free?
Yes. It is free, and you see the result without signing up.
What do I need to enter?
Property reference, Buyer or successor, Closing date, Unit, Tenant/reference, Deposit principal, Accrued interest entered, Transfer status, and a few optional details. Every assumption can be changed.
How is the result calculated?
The tool totals only entered principal and interest. It does not infer interest, deductions, account balances, or lawful responsibility.
Where does the information come from?
New York General Obligations Law §7-105, New York General Obligations Law Article 7. Last verified July 14, 2026.
Is this legal, tax, or accounting advice?
No. The result is an estimate for illustration. Check big decisions with your attorney, accountant, or a licensed broker.
Verify the underlying information
Informational worksheet. New York counsel should review statutory transfer and notice requirements.