Submitted by erichinnw t3_11dea05 in washingtondc
laborpool t1_jaa1vfp wrote
Reply to comment by potatopotatoed in Things DC does really well by erichinnw
I thought this was the law everywhere. The deposit money is supposed to go into escrow where it gains interest. The landlord isn’t supposed to spend it. Your money is being held and to compensate for that you get to keep the interest earned on it (because theoretically you could have invested it or placed that money into a savings account).
I’ve earned interest on security deposits in Richmond and Columbus OH.
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