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Lost Security Deposits in Massachusetts

RentalStephanie LairComment

HAS YOUR CURRENT OR FORMER LANDLORD WITHHELD ANY MONEY FROM YOUR SECURITY DEPOSIT?

 

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Landlords often fail to comply with the strict mandates of Massachusetts law which requires that a Landlord maintain a record of all security deposits, place the security deposit in a separate interest-bearing account, send the tenant an annual statement which indicates the amount of interest on the security deposit and provide the tenant the full amount of the deposit when the tenancy ends.  Further, Landlords often withhold Security Deposit amounts without properly complying with the notification and withholding requirements imposed by law.  

If your Landlord:

1.      Withheld any portion of your Security Deposit;

2.      Failed to properly handle and document the retention of your Security Deposit;

3.      Failed to return your full Security Deposit with interest; or

4.      Withheld from your Security Deposit without providing a sworn statement detailing the withholdings,

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