Renter’s Advice and Resources

Renter’s Advice and Resources

Which States Require Landlords to Pay Interest on Security Deposits?

Staff Writer

 · Feb 16, 2011

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Whether a tenant earns interest on a security deposit is determined by state law. A security deposit protects a landlord against your breaking the lease early and leaving him without rent or from excessive damages to the property. Because you must pay this money to the landlord and cannot use it while you live on […]