Safety deposit boxes offer enhanced security for valuables but aren't accessible outside bank hours. Items in safe deposit boxes are not FDIC insured; separate insurance is needed for coverage. Legal ...
In the City of Chicago, lessors who demand and accept a security deposit from a lessee in a residential rental agreement have a legal obligation to hold that deposit in an interest yielding savings ...
If you’re just getting into the landlord business: A security deposit is money a new tenant pays you up front, usually to cover things like necessary repairs caused by renters or a missed rent payment ...
In Massachusetts, the laws governing security deposits are clear and designed to protect both landlords and tenants. Landlords are permitted to collect a security deposit equivalent to the first and ...
If you rent your home in Kansas City, you probably had to pay a security deposit when you moved in. This amount is typically the same as one month’s rent, but Missouri law states that the amount can ...
This story is part of MassLive’s ongoing housing court guide series. You can read other stories in the series here. Your landlord is required to return your security deposit, with interest, within 30 ...