Posted by Peter Ligh on August 27, 1998 at 13:37:10:
Does anyone know how interest on security deposits should be calculated?
I recently moved out of a Connecticut apartment, after my one-year lease
ended. I was under the impression that my security deposit of 2 months rent
should earn interest during the time I was renting. The landlord, however,
did not caculate any interest when he retuned my deposit.
Am I entitled to collect interest, and if so, at what percentage rate?
Thanks to anyone who can help.
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