Security Deposit Receipt
When you first take a security deposit, issue the Move-in Money Receipt. Then as soon as possible, no more than 30 days after receiving the deposit, visit the bank to open the security deposit account and issue the Security Deposit Receipt below.
The person taking the deposit must be either the landlord or his or her named agent. For instance, if you have your manager take the deposit, the manager must put their name on the receipt and sign it.
Check out this article about our Security Deposit Forms Overhaul (11/2017).
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MassLandlords is a nonprofit dedicated to helping owners rent their property. We try our best, but we can't guarantee these forms will always work. We provide legal information but never advice particular to your situation. Nothing on this site is meant to create an attorney-client relationship. We advise you consult with an attorney.
