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Updated over 10 years ago,
Notifying tenant about security deposit location
Good evening BPers. I recently joined BP and this is my first post.
I just became a landlord on my first buy & hold. I know that in the state of NJ (and some other states) tenant has to be notified by landlord in 30 days where the deposit was placed, including: name of the bank, type of account, interest rate, etc.
Do you have a template of a notification letter that I could use? I don't want to miss anything.
Thank you in advance.