Viewing a single comment thread. View all comments

-CalicoKitty- t1_itqe9ff wrote

Reply to comment by TotallyErratic in Hard to imagine why Boston landlords are disliked by [deleted]

I think all prepaid rent, including first and last, has to go into escrow until the date that it's due.

0

TotallyErratic t1_itqfrgm wrote

I have never heard of an issue with 1st month rent, so I have no idea how that one works.

As for last month, I don't recall it needing to be in escrow. Mass Legal Help (https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.masslegalhelp.org/housing/lt1-chapter-3-security-deposit.pdf&ved=2ahUKEwjslNC12fv6AhU4EFkFHV5nA0oQFnoECBQQAQ&usg=AOvVaw1lYsTWyHfvOD8spFz0r9eA) only show it needs to be in an interest bearing account. It explicitly mention that the landlord doesnt need to keep it in a separate account.

Then again, I am not a lawyer. Someone who is can probably point to the actual language and interpretation.

2