Legal Question in Real Estate Law in Massachusetts
Commercial Security Deposit
Does a landlord in a commercial lease have to pay interest
on a security deposit if its not written in the lease
Asked on 3/24/04, 7:03 pm
1 Answer from Attorneys
Alan Pransky
Law Office of Alan J. Pransky
Re: Commercial Security Deposit
No. The security deposit law which requires interest applies to resedential leases.
Answered on 3/24/04, 9:29 pm