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 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.

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

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.

There are many alternatives you can use, I would urge you to check your local laws but I know here in Cleveland, OH we can charge an increased deposit or we can also require a guarantor (who can have different credit req. then someone living in the unit) It's important that no matter what you do you do it for everyone going forward, making exceptions for screening for some but not all can become a Fair Housing issue. 

I told them I would comply with all of this but they would lose their deposit and the tenant who is staying would need to replenish the initial deposit account.

I use a credit range for deposits.

After a tenant has been evicted in Washington County, MD, and there is still an outstanding balance even after applying the tenant’s security deposit, are my only options for collection limited to small claims court and utilizing a collection agency?

So, for a cash sale of $27,500 you might give an earnest money deposit of $1000 making that 5% fee $50.