And a cashed check and deposit into your account.   

Example: Maryland law now is that you can only have 1 month for a security deposit.

I'd also talk to the current owner, so if they want, they can let the tenants in that unit know.Hopefully you are getting their deposits transferred to you (it is the tenants' money and you will have to pay it back in full when they go because you don't know the condition of the unit when they moved in). 

Specifically, I would appreciate any links, videos, or other resources that outline my obligations.Do I need to mail the tenant a detailed statement showing any deductions from their security deposit and the remaining balance, if applicable?

I am looking for a bank that holds tenants security deposits and automatically pays the interest directly to the tenant annually, see the rest for description.Hello, I am a first time property owner and am trying to figure out where it is best to deposit security deposits, I am aware that it must be deposited in an interest bearing account per MASS law but also the tenant needs to receive the interest annually and I do not want to have to manually perform this task.

If not you want to get them.Did you give notice at closing of who has the deposit and new ownership?

The long and short is that if you're a wholesaler and need help with your earnest money deposit, I can help you!

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

I found a tenant who signed the lease and paid security deposit.

I also certified mailed the Move Out Condition Report and partial security deposit on the 21st day after vacating.