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Rule Detail: deposit-return / MA

  • This rule expired on 2026-01-01.
  • This rule may be outdated. Last updated Jan 2025.

Metadata

Effective Year
Last Updated
2025-01-01
Expires On
Version
2025.01
Effective Date
2025-01-01
Supersedes
Source Changed
Not checked

Data

KeyValue
returnDeadline30
interestRequiredtrue
interestRate0.05
penalties[ "3x damages for wrongful withholding plus attorney fees and costs" ]
allowableDeductions[ "Unpaid rent", "Damage beyond normal wear and tear" ]

Citations

No source URL available for this rule.

Mass. Gen. Laws ch. 186, § 15B

High
Updated: 2025-01-01Confidence: 80%

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Scenario Reasoning

⚠️ Informational only. This is not legal advice. Always consult a qualified attorney.

Compliance Checklist

⚠️ Informational only. This checklist is not legal advice. Always consult a qualified attorney.

Risk Scoring

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Show full rule JSON
{
  "data": {
    "returnDeadline": 30,
    "interestRequired": true,
    "interestRate": 0.05,
    "penalties": [
      "3x damages for wrongful withholding plus attorney fees and costs"
    ],
    "allowableDeductions": [
      "Unpaid rent",
      "Damage beyond normal wear and tear"
    ]
  },
  "citations": [
    {
      "statute": "Mass. Gen. Laws ch. 186, § 15B",
      "url": "",
      "excerpt": "",
      "sourceType": "statute",
      "lastUpdated": "2025-01-01",
      "confidence": 0.8
    }
  ],
  "version": {
    "version": "2025.01",
    "effectiveDate": "2025-01-01",
    "supersedes": null,
    "notes": [
      "Interest must be paid annually or at termination, whichever comes first.",
      "Rate is 5% per year or bank savings rate, whichever is lower."
    ]
  }
}