Shouldn’t be a issue since landlords never lie to keep deposits right?

  • Clent@lemmy.dbzer0.com
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    16 hours ago

    Looks like there are accounts that can earn 3.5%. It’s an hour or two of work. Average occupancy rate is close to three years. A $2000 deposit would cover an inspection after a year.

    Fallback could be on the renter if there is reason to withhold and on the owner if there is no need to withhold.

    • alkbch@lemmy.ml
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      15 hours ago

      Assuming your numbers are correct, after one year the interest is $70. I doubt you’d get anyone out to conduct the inspection at that price, let alone two because you need one at move in and one at move out; and let’s not even get started about potential the additional work should there be a dispute by the tenant or the landlord.