Legal Question in Landlord & Tenant Law in District of Columbia
security deposit in DC
i've been living in an apt. for almost 4 years and my deposit was 1,000.00, but my landlord never put the deposit into an: 'escrow account that earns interest at the prevailing passbook rate' nor has he ever given me any statements, obviously. quoted above is from DC law. do i have any options since he didn't put the money into an account? how would i know the interest rates or can he be fined?
1 Answer from Attorneys
Re: security deposit in DC
You could write the landlord a polite letter(if you like living on his property) and remind him of the requirements of DC law regarding the deposition of security deposits into escrow accounts and that you will consider due and owing upon its return the security deposit plus the interest that it should've earned from the beginning of the lease (at the prevailing passbook rate).
You should be able to determine these rates over the
last four years by simply calling your bank.
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