Section 15B

Citation: Section 15B
Parent Document: Hampshire Village Associates v. District Court of Hampshire, 408 N.E.2d 830 (1980)
Jurisdiction: Massachusetts (state)
Effective Date: 1980-07-15
Original Source: https://www.courtlistener.com/opinion/2240621/hampshire-village-associates-v-... ↗

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sively to deal with them. In 1969, § 15B provided on the point merely that a landlord was not to require a security deposit in excess of two months’ rent. St. 1969, c. 244. By September 1, 1978, when that section reached its present form (see St. 1978, c. 553, §§ 2, 3), the legislative controls were much elaborated. A security deposit is not to exceed one month’s rent, and is to remain the tenant’s property and be held as a fund in trust in an interest-bearing account in a bank whose name and location must be notified to the tenant; and there is provision for payment of interest to the tenant on certain terms. §§ 15B (1) (b) (Hi),

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