Rental Basics in 06515>Question Details

Richard Allen, Other/Just Looking in New Haven, CT

what is the percent rate for the interest owed to me on 2400.00 dollars? ive lived here 4 years thank you

Asked by Richard Allen, New Haven, CT Fri Nov 13, 2009

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Dan Ross’ answer
Are you asking about interest owed to you on a rental deposit? If so, I think the law allows 1% interest per year with the exception of any months you were late with your payment (after the 5th of the month). No interest is owed for those months. To be sure, you can check on the state Dept of Consumer Protection web site.
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0 votes Thank Flag Link Sat Nov 14, 2009
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