From the Forum – My rights regarding interest on my security deposit?

by Prince Of Petworth July 31, 2013 at 2:15 pm 25 Comments

Photo by PoPville flickr user elliotmitchell

My rights regarding interest on my security deposit?

“I’m hoping someone knows more about this than I do – I rent an apartment in a row house in DC and from what I understand, DC tenants are able to be returned their security deposit with interest within 45 days of their departure from their apartment (assuming no damage is found, etc.)

As I’m preparing to move out, I realized that I signed the lease nearly two years ago and it says that in there that the security deposit will be returned to the tenant without interest.

Did I sign away my right to collect this interest? Is this legal? Obviously I signed and it’s my own fault if that happened, but I want to make sure that it’s within their right to have that in the terms of the lease agreement.”

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