If the rental rate on a property increases, the security deposit that is held in escrow might not be sufficient. Security deposits can accrue interest while they are held, but the rate of rent ...
Therefore, a security deposit may accrue interest. Certain states require landlords to issue the tenant a receipt of security deposit within a specific time, say 30 days. Just as some states set ...
The security deposits in the states ... The only difference is that when a tenant moves out, the backers receive the money back along with the interest and the renter only pay around $50 fee ...
Renters in California could soon receive added protections when it comes to application fees for rental units, as well as security deposits. One study by RentCafe found that there are on average ...
As its caseload increases each year, the Tenants Union in Tasmania wants increased funding for its vital advocacy services – ...
“The landlord is merely holding the money as a security measure ... is no damage to the property, the full deposit and ...
“Security deposit interest becomes part of the funds of the Rental Deposit Authority, which can only be used in the performance of its functions and exercise of its powers,” he said.