Legal Question in Landlord & Tenant Law in Pennsylvania

We initially exercised a purchase option on a lease, giving a $5k deposit. We changed our minds later and while we know the $5k is non-refundable (ugh), does interest accrue on that (starting at month 25) like the security deposit does? Will that be refunded, as well? or is that handled separately?

Thanks for any assistance.


Asked on 5/22/14, 9:44 am

1 Answer from Attorneys
John Davidson Law Office of John A. Davidson

Sorry no lawyer can tell you without looking at the lease. So if you care to stop in with the lease I should be able to determine an answer to your question. The initial sonsultation is free.

{John}

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Answered on 5/22/14, 10:06 am


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