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Updated almost 3 years ago on . Most recent reply

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50
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Ryan Van Fleet
  • Laurel, MD
19
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50
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Maryland Security deposit

Ryan Van Fleet
  • Laurel, MD
Posted

Hi,

I'm wondering what other Maryland landlords do with their tenant's security deposits. I know it has to placed in an bank account within the state of Maryland.  

Do you open a savings account?

Do you use an escrow service?

If yes who do you use?

What fees should I expect?

Any other Suggestions?

Thank you in advance,

Ryan

Most Popular Reply

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17,536
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,322
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17,536
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

I just have mine in a Capital one Savings account

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