Podcast 156: What to Do with Security Deposit Funds


In this week’s episode we’re talking about security deposit funds and what to do with the funds.

A good resource is to check your state laws with our state specific resources page.

Discussions in this episode:

Intro – How $40 held up a real estate sale
0:50 – Most states have specifications on what you can do with security deposit funds
2:00 – Get a receipt when returning funds
3:30 – How security deposit interest can hold up a real estate sale
7:16 – Crazy Massachusetts laws
10:30 – Creating separate accounts for your security deposit funds

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