The short answer
Some jurisdictions or tenancy arrangements require deposit interest or particular account handling. Verify applicability, calculation, timing and disclosure from the current official rule for your property.
On this page
Record the inputs
Keep the amount received, dates, account arrangement and any changes. Check whether the rule specifies an interest rate, a published schedule, account earnings or another method, and whether exceptions apply.
Reconcile payments and statements
Maintain a record of interest accrued or paid under the applicable process. Review annual, renewal and final-accounting obligations separately. Do not assume that earning no bank interest eliminates a statutory obligation.
Example: a deposit changes mid-tenancy
If an additional lawful amount is collected, record its receipt date rather than applying one assumed date to the total. Use the prescribed calculation and retain it with any required statement or payment evidence.
References and next steps
Use these references for the specific topic they cover. Local requirements and individual circumstances may differ.
Written and maintained by the Rentari team. Examples explain a decision; they are not customer results. This is general education. Confirm the rules and treatment for your property with a qualified local professional. Found an error or an unclear step? Send a correction with this page's address and the detail to review.
Your next step
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