itsonlyastrongbuzz t1_itq7ghg wrote
More importantly, if your landlord is that much of an asshole I worry that your first last and security aren’t in an escrow account.
By law, all of that money should be in its own account earning you interest which (in theory) you get back when you move out.
Maybe carefully word something “Oh sure, if you could just send me the statement with my original first list and security I’ll do the math on what I owe minus the interest I’ve accrued”
EDIT: Please see u/TotallyErratic ‘s comment below for clarification on what’s in escrow vs gaining interest. Still 100% worth looking into.
Massui91 t1_itqbo7u wrote
Great advice, OP this is the play
TotallyErratic t1_itqd4yo wrote
Pretty sure 1st month goes to landlord automatically.
Last month just need to be in an interest bearing account.
Security deposit is the only one required to be in an escrow.
-CalicoKitty- t1_itqe9ff wrote
I think all prepaid rent, including first and last, has to go into escrow until the date that it's due.
TotallyErratic t1_itqfrgm wrote
I have never heard of an issue with 1st month rent, so I have no idea how that one works.
As for last month, I don't recall it needing to be in escrow. Mass Legal Help (https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.masslegalhelp.org/housing/lt1-chapter-3-security-deposit.pdf&ved=2ahUKEwjslNC12fv6AhU4EFkFHV5nA0oQFnoECBQQAQ&usg=AOvVaw1lYsTWyHfvOD8spFz0r9eA) only show it needs to be in an interest bearing account. It explicitly mention that the landlord doesnt need to keep it in a separate account.
Then again, I am not a lawyer. Someone who is can probably point to the actual language and interpretation.
[deleted] OP t1_itqbuj8 wrote
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