Renters Rights in State of Washington

[Ameesh]

Our landlord has our deposit of $5000 for the last year, we were stupid enough not make sure we get interest on the the money (in writing), the lease reneweal is coming up and i was wondering if we have any rights to make sure we get interest and if we can get interest for last years in last years lease it didnt say one way or another, this year its specific say it will not yield interest.

Any advice or comments?

 

[Ameesh]

no one?

 

[Hossenfeffer]

Deposit of $5000? Dear lord.

Might take a spin at the washington state site.

 

[Talon]

<< The deposits must be placed in a trust account in a bank or escrow company. The tenant must be informed in writing where the deposits are being kept. Unless some other agreement has been made in writing, any interest earned by the deposit belongs to the landlord. >>



http://www.wa.gov/ago/consumer/lt/fees.html

 

[PsychoAndy]

ameesh, thats why my parents where kicking themselves in the butt. $2000 security deposit on 20 years. do the math.

 

[Ameesh]

<<

<< The deposits must be placed in a trust account in a bank or escrow company. The tenant must be informed in writing where the deposits are being kept. Unless some other agreement has been made in writing, any interest earned by the deposit belongs to the landlord. >>



http://www.wa.gov/ago/consumer/lt/fees.html >>



thanks talon oh well