State-Specific Legal Forms Landlords Trust
Contact Us

Landlord Question and Answer Forum

Forum / General Property Management / Security Deposit Held in a separate Account
I have a rental house in San Jose, CA.I collected a $2000 security deposit. Do the funds need to be held in a separate acct or can I put the money in a personal account? And will I have to pay interest when payable?
Sophia w, CA on Monday, March 23, 2009
RE: Security Deposit Held in a separate Account
In certain jurisdictions such as San Francisco and Berkeley the landlord is required to pay interest on a security deposit. It is important to check with your jurisdiction for rules about security deposit interest. ALthough not specified; it may be wise to jkeep your security deposits in a separate account.
Posted by Donna , NC on Monday, March 23, 2009
Documents related to this forum

Rent Receipt

Property Management Agreement (for Landlords)

Lease Renewal Agreement

Direct Deposit Billing Authorization

Highest Rated Discussions
Author: Jacob W, WI
Updated: 04/12/2016
Rating: Star0Star1Star2Star3Star4
Author: Thomas T, MA
Updated: 01/03/2012
Rating: Star0Star1Star2Star3Star4
Author: John h, NC
Updated: 09/21/2015
Rating: Star0Star1Star2Star3Star4
Author: Terry B, NC
Updated: 08/04/2016
Rating: Star0Star1Star2Star3Star4
Author: Scott W, VA
Updated: 03/30/2014
Rating: Star0Star1Star2Star3Star4

The forum is completely free to anyone! If you wish to post a message, you must log in. If you are not registered already, Join today to create a free account!

Any comments and opinions that are expressed by the users of this forum are solely those of the authors, and have not been reviewed or approved by ezLandlordForms.

Satisfaction
Guaranteed

Satisfaction Guaranteed
Trusted by Over
300,000 Property
Managers, Realtors,
Attorneys, and Landlords
since 2006!
More Info
The EZ Landlord Forms team gives advice to first-time landlords on Designing Spaces!

Buzz About ezLandlordForms

MSNBC Logo  says:
Barbara Corcoran, MSNBC
"get complete applications and leases online at ezlandlordforms.com"
— Barbara Corcoran
Contact US - Live Assistance Avialable
Contact Us! Live Assistance Available
Call us with questions or comments
1-877-367-6771 Call us with questions or comments
Fox Business Logo CBS Radio Logo msnbc Logo The Wall Street Journal - WSJ - Logo CNN Money Logo
Carbon Free - CarbonFund.org Click to verify BBB accreditation and to see a BBB report. website security
ez Landlord Forms products and services are reviewed and approved by attorneys, accountants, fellow landlords, or industry experts.
ez Landlord Forms is not a law firm and our products and services are not a substitute for the advice of an attorney.
Copyright © 2006-2016, ezLandlordForms LLC. All Rights Reserved. | Privacy Policy | Terms & Conditions | ezLandlordForms Affiliate Program