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MeeshkaMich
LL=Yum
Member since 2/06 5616 total posts
Name:
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apartment question
thanks
Message edited 7/23/2007 11:56:23 AM.
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Posted 7/23/07 11:06 AM  |
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SweetCin
My green-eyed boy
Member since 5/05 13499 total posts
Name:
Cin
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Re: apartment question
Hmmmm I never heard of getting interest. Good q
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| Posted 7/23/07 11:06 AM |
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jes81276
summer fun!
Member since 3/06 4962 total posts
Name:
Jaime
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Re: apartment question
I never got interest back.
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| Posted 7/23/07 11:11 AM |
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kerrycec03
Mom of 2 beautiful boys!!
Member since 6/06 13519 total posts
Name:
Kerry
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Re: apartment question
interest back????
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| Posted 7/23/07 11:16 AM |
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MeeshkaMich
LL=Yum
Member since 2/06 5616 total posts
Name:
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Re: apartment question
i don't know my friend is telling me how interest builds on security deposits 
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| Posted 7/23/07 11:30 AM |
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MikesWife
Wanting...........
Member since 1/06 6887 total posts
Name:
Karen
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Re: apartment question
When I rented in an apt complex I got a check for the interest I earned on my security deposit every year. Our management company kept a separate account for each unit's security deposit - it was like $3/year. I'm doubting that the landlord of an illegal apt is keeping your security deposit in an interest bearing account.
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| Posted 7/23/07 11:33 AM |
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MrsS2005
Mom of 3
Member since 11/05 13118 total posts
Name:
B
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Re: apartment question
Landlords are supposed to put the security deposit in escrow. I'm not sure if they're required to, but most put the money in an interest bearing account. If it's an illegal apartment, I wouldn't be surprised if the landlord did not put the money in escrow.
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| Posted 7/23/07 12:06 PM |
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mtnmama
Member since 5/06 4794 total posts
Name:
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Message edited 7/13/2009 2:24:47 PM.
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| Posted 7/23/07 12:14 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: apartment question
yes- my sercurity deposit earns interest- it's never anything exciting- and I get a tax form on it
the max it ever was - maybe $5
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| Posted 7/23/07 1:28 PM |
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ali120206
2 Boys
Member since 7/06 17792 total posts
Name:
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Re: apartment question
Mine earned interest as well, like 1% (pretty much the same rate as a normal savings account).
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| Posted 7/23/07 1:41 PM |
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PotofLuck06
Our Baby Boy Is Here!!!
Member since 11/06 13241 total posts
Name:
Betsy
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Re: apartment question
Our security deposit earned interest as well at the Heatherwood Complex. When we moved they cut us a check for the interest and we used it to pay for the moving van we had rented to move.
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| Posted 7/23/07 1:52 PM |
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