All Posts in Tag: security deposit

BFR Blog Template 1

Security Deposit Interest Rate for Maryland Residential Tenants

Landlords must pay 1.56% interest on residential security deposits for calendar year 2020.  Interest is computed monthly.  The rate is mandated by Maryland Law to be the greater of 1.5% or the US Treasury Yield Curve Rate for 1-year on the first business day of each year.   Click here: On January 2, 2020,…

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