2006-10-23 08:43:39 · 7 answers · asked by joy_india11 1 in Business & Finance ➔ Renting & Real Estate
think it depends on the state, but i think not
2006-10-23 08:45:50 · answer #1 · answered by Jenn 5 · 0⤊ 0⤋
The landlord after the first year must pay you interest that has accrued on your security deposit. Not on the last month rent. It also depends what state you live in. You might want to check with the landlord-tenant office in the area you live in.
2006-10-23 15:48:49 · answer #2 · answered by steve s 3 · 1⤊ 0⤋
no he is not. if he places the monies into a interest account in his name the interest is his.all he is required by law to pay when the tenet moves out is the security deposit if the apartment is in good shape but he may want to paint after it is empty so a portion of the deposit is used to buy paint and labor.
2006-10-23 15:50:51 · answer #3 · answered by Anonymous · 0⤊ 0⤋
State laws vary. Where I live, interest is required only if it's kept over a certain period of time - might be 3 years, I'm not sure.
2006-10-23 16:17:55 · answer #4 · answered by Judy 7 · 0⤊ 0⤋
Depends on state law. For most states, no.
2006-10-23 17:04:57 · answer #5 · answered by kingstubborn 6 · 0⤊ 0⤋
Nope.
2006-10-23 16:03:41 · answer #6 · answered by Phoenix, Wise Guru 7 · 0⤊ 0⤋
No.
2006-10-23 15:44:50 · answer #7 · answered by randomidentification 3 · 1⤊ 0⤋