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Rental Basics in 06507 : Real Estate Advice

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Activity 1
Sat Nov 14, 2009
Dan Ross answered:
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. ... more
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