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Updated almost 6 years ago,
Maryland Commerical Real Estate Security Deposit
I have inherited a lease that was started in 2008 for a commercial property. It is getting to ready to be turned over, but I am not sure how to calculate the interest. I did some light internet searching, and the MD real estate law website is saying it should be 3% up until 2015 then switch to 1.5%. That seems a bit high to me, anyone have a comment one that and a good calculator I could use ?
Thanks,
OJ