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Updated over 1 year ago,

User Stats

7
Posts
2
Votes
Brook Burns
2
Votes |
7
Posts

Tenant Security Deposit Escrow Account

Brook Burns
Posted

It is my understanding that in Pennsylvania an escrow account is required for tenant security deposits. Does anyone have experience with banks that offer these without fees? I had hoped to set this up with PNC since I bank with them but an in-person visit to the branch is required for set up and this is not possible since I now live in Washington state. I've seen other people in the forum who simply use independent savings accounts but it is not clear to me if that is legal. Thank you!

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