Index
Massachusetts General Laws Chapter 186, Section 15B
Summary
A highly specific law governing security deposits, requiring they be held in a separate account and providing for triple damages if handled incorrectly.
Rights & Rules
- 01.Tenants must receive a receipt within 30 days of paying a deposit.
- 02.Landlords must provide a 'Statement of Condition' detailing any existing damage to the unit.
- 03.The deposit must be returned within 30 days of the end of the tenancy.
Penalties
- 01.Treble damages (three times the amount of the deposit) plus interest.
- 02.Mandatory payment of the tenant's attorney's fees if the landlord loses in court.
Verified Citations
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