Mass. Gen. Laws ch. 186 § 15B
Mass. Gen. Laws ch. 186 § 15B — Entrance of premises prior to termination of lease; payments; receipts; interest; records; security deposits
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Mass. Gen. Laws ch. 186 § 15B — Entrance of premises prior to termination of lease; payments; receipts; interest; records; security deposits
Lessor shall not require security deposit greater than one month rent...
(ii) if the premises appear to have been abandoned by the lessee; or
(a) fails to deposit such funds in an account as required by subsection (3);
(ii) rent for the last full month of occupancy calculated at the same rate as the first month; and,
(ii) the date upon which the occupancy of the tenant or tenants charged with such damage was terminated; and
No deduction may be made from the security deposit for any purpose other than those set forth in this section.
[ Introductory paragraph of clause (b) of subsection (1) effective until August 1, 2025. For text effective August 1, 2025, see below.]
(iii) whether repairs were performed to remedy such damage, the dates of said repairs, the cost thereof, and receipts therefor.
(i) any unpaid rent or water charges which have not been validly withheld or deducted pursuant to any general or special law
Upon such transfer, the lessor or his agent shall continue to be liable with respect to the provisions of this section until:
(d) Every lessor who accepts a security deposit shall maintain a record of all such security deposits received which contains the following information:--
Said record shall also include copies of any receipt or statement of condition given to a tenant or prospective tenant as required by this section.
(b) there has been compliance with this clause by the successor in interest; or (c) the security deposit has been returned to the tenant.
(b) At or prior to the commencement of any tenancy, no lessor may require a tenant or prospective tenant to pay any amount in excess of the following:
(c) No lease or other rental agreement shall impose any interest or penalty for failure to pay rent until thirty days after such rent shall have been due.
(ii) any unpaid increase in real estate taxes which the tenant is obligated to pay pursuant to a tax escalation clause which conforms to the requirements of section fifteen C; and
(b) fails to furnish to the tenant within thirty days after the termination of the occupancy the itemized list of damages, if any, in compliance with the provisions of this section;
[ Introductory paragraph of clause (b) of subsection (1) as amended by 2025, 9, Secs. 54 and 55 effective August 1, 2025. See 2025, 9, Sec. 136. For text effective until August 1, 2025, see above.]
(d) fails to transfer such security deposit to his successor in interest or to otherwise comply with the provisions of subsection (5) after he has succeeded to an interest in residential real property; or,