Massachusetts Residential Security Deposit Law (3x Deposit) – M.G.L. c.186 s.15B

When moving into an apartment or rental in Massachusetts, the landlord is limited to charging a First Month’s Rent, Last Month’s Rent, Security Deposit, and a one-time reasonable lock and key charge. That’s it and the Last and Security cannot exceed the monthly rent. The Massachusetts Security Deposit Law is renowned for its triple-damages clause…

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