Re: Escrow - Landlord Forum thread 341249

Re: Escrow by Anonymous on November 30, 2015 @10:12

I'm not sure about NY state law, but in my state I can put multiple SDs into a single escrow account -- the goal is to have your SD separate from your operating or personal accounts. Separate accounts per tenant might make it easier to account for interest, if required in NY, but with such small amounts interest will be negligible and it's not worth the accounting effort to maintain separate escrow accounts.

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