"Security Deposit Receipt Template" - Massachusetts

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Download "Security Deposit Receipt Template" - Massachusetts

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Security Deposit Receipt
Date: ________________
Dear _______________________________:
Massachusetts law requires that a tenant be given a receipt with information concerning
the status of the security deposit. It requires that landlords pay interest on the security
deposit.
The law also requires that landlords hold the security deposit in a separate, interest
bearing account in a Massachusetts bank. If a tenant lives in a rental unit for at least one
year, the tenant is entitled to either 5% (subject to change) interest or whatever lesser
amount is received from the bank where the deposit has been held.
Your security deposit in the amount of $_______________________________ Dollars
has been deposited in ______________________________________________ (bank)
Located at _____________________________________________________ (address)
The account number is: _______________________________________________.
Sincerely,
________________________________________________________________
Landlord
The landlord must provide this completed receipt within 30 days
of receiving your deposit.
Security Deposit Receipt
Date: ________________
Dear _______________________________:
Massachusetts law requires that a tenant be given a receipt with information concerning
the status of the security deposit. It requires that landlords pay interest on the security
deposit.
The law also requires that landlords hold the security deposit in a separate, interest
bearing account in a Massachusetts bank. If a tenant lives in a rental unit for at least one
year, the tenant is entitled to either 5% (subject to change) interest or whatever lesser
amount is received from the bank where the deposit has been held.
Your security deposit in the amount of $_______________________________ Dollars
has been deposited in ______________________________________________ (bank)
Located at _____________________________________________________ (address)
The account number is: _______________________________________________.
Sincerely,
________________________________________________________________
Landlord
The landlord must provide this completed receipt within 30 days
of receiving your deposit.