Read your state Rental Act

来源: 2012-11-01 15:45:58 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

Everything is defined there.

If the state does not mandate interest on security deposit,  you don't pay it.

For EMD?  No, you shouldn't pay interest at all.

EMD is not for contract/lease. EMD is only for the "intention" for getting into lease.

When lease is signed, EMD becomes (part of) the security deposit.