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Updated over 2 years ago on . Most recent reply

Ryan Van Fleet's profile image
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Ryan Van Fleet
  • from Laurel, Maryland
  • Member since May 25, 2016
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Ryan Van Fleet's profile image
Ryan Van Fleet's profile image
Ryan Van Fleet
  • from Laurel, Maryland
  • Member since May 25, 2016
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Ryan Van Fleet
  • Laurel, MD
19
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50
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Maryland Real Estate Q&A Discussion Forum

Maryland Security deposit

Ryan Van Fleet
  • Laurel, MD
Posted

Hi,

I'm wondering what other Maryland landlords do with their tenant's security deposits. I know it has to placed in an bank account within the state of Maryland.  

Do you open a savings account?

Do you use an escrow service?

If yes who do you use?

What fees should I expect?

Any other Suggestions?

Thank you in advance,

Ryan

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Russell Brazil
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Russell Brazil's profile image
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Russell Brazil
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Russell Brazil
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  • Washington, D.C.
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Russell Brazil
  • Real Estate Agent
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I just have mine in a Capital one Savings account

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