I tried to post the link to the Maryland code which gave me the 3% per annum figure, but apparently I haven't done the minimum number of posts (10) in order to post a link yet :)
That's what I thought initially, but when I looked up the current Maryland code and contacted the Legal Aid Bureau, both said 3%. Apparently, it used to be 4% interest prior to October 1, 2004. In any event, I intend to try to collect. Thanks for checking for me though!
Thanks for the replies! We're going to try sending a letter first to demand return of the amount of charges we consider excessive along with a deadline for responding before we will file a claim in small claims court.
As a minimum, from my research of Maryland law, I found out the landlord...
At the final walkthrough, he made a list of the repairs/cleaning we would be responsible for (w/no estimate of costs) and said he would email the list to me the next day. I never got the email or heard anything more about the deductions until I received the letter in the mail today with the...
My husband and I recently received the remainder of our $2000 security deposit ($736.09) with a letter itemizing deductions made to cover the costs of repairs, etc for which we were responsible. While we agree that some of the charges are valid, we take issue with several of the deductions...