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#2302836 - 10/29/24 01:53 PM Security Deposits
MPBSA Offline
Junior Member
Joined: Jun 2022
Posts: 28
I know that landlords are required to place security deposits in an interest-bearing account but are banks required to make the landlord put it in an interest-bearing account? I found that it is not the banks responsibility to do so and it's between the landlord and tentent but just want to confirm this.

thanks

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#2302855 - 10/29/24 06:41 PM Re: Security Deposits MPBSA
fmissle Offline
Diamond Poster
Joined: Jul 2007
Posts: 1,023
Pac NW
I think that will be driven by state law.

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