(C) As used in this Lease, “Premises” means that certain private dwelling residence situated in ________________________________________ County, Minnesota and having an address of ____________________________________________________________________________________.

We don't rent that house  at the moment so I can't say what the current situation is.

I would venture to say very few landlords correctly hold their deposits based on local landlord/tenant law but as long as the money doesn't walk away and is not wrongly withheld from tenants its highly unlikely wrongfully storing the funds will become problematic.

If anyone has been in a similar situation or has actionable advice, I’d greatly appreciate it!

Bit of a wild situation here, at least to me and my lender; maybe it is more common than we think, not sure honestly.

I am not sure which is best for our situation or what to pitch.

I wanted to share my situation and get some advice.I currently own an apartment in a highly developing area in Guaynabo, PR.

Has anyone else encountered a situation like this?

Hey Alyssa,I’m in a similar situation—I live in California and invest out of state.

Its easy to store this proof forever.