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From an accounting perspective in this hypothetical scenario I believe that you would not be legally allowed to dip into the deposit money save for that recover

by awad 8y ago

From an accounting perspective in this hypothetical scenario I believe that you would not be legally allowed to dip into the deposit money save for that recovered through bans. Which creates very perverse incentives.

sadris 8y ago
Landlords are allowed to place received security deposits into interest bearing accounts.
- gpm 8y ago
  Where I live they owe interest to the tenants on deposits.
  - sadris 8y ago
    Correct. And they get that interest by placing it in an interest bearing account.