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A renter wants her security deposit back, plus interest. She looked up the law and learned that she may be entitled to more money than she put down. Security deposits accrue interest depending on the year you moved in. Dorene Mack lived in her apartment for 27 years. According to Maryland regulations, her interest rate would’ve been 4 percent, but when she moved out, Mack said she received less than her initial deposit. “I read up on a lot of things and I know the security deposit draws interest. They didn’t give me any interest. They didn’t even give me what I paid when I moved in,” said Mack. Maryland law requires landlords to refund security deposits of $50 or more to the tenant, plus 1.5 percent simple interest, no more than 45 days after the move out date, unless the landlord is entitled to keep part or all of the deposit amount. Prior to January 1, 2015, security deposits accrue 3 percent simple interest per year. And deposits received before October 1, 2004, accrue simple in...

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