Measured from the later statutory trigger.
If damages exceed the deposit, require a third-party contractor and timely notice is sent within the initial 45 days.
45-day deposit disposition timeline
Enter the later date of tenancy termination or the date the tenant vacated the dwelling unit.
The extra 15 days is not automatic. It applies only when damages exceed the deposit, require a third-party contractor, and the landlord gives the required notice within the first 45 days.
The contractor exception is narrow
When premises damages exceed the security deposit and require a third-party contractor, the landlord must notify the tenant of that fact within the original 45-day period. If that notice is given, the statute allows an additional 15 days to provide the itemization and repair cost.
Forwarding address
Virginia still requires disposition within the 45-day period, but if no forwarding address is provided the landlord may continue holding the deposit in escrow under the statute’s unclaimed-property procedure.