Rental owner ‘mistakens’ deposit for spending money

Will tenant lose $2,500 security deposit in landlord's bankruptcy?
Published on Mar 17, 2004

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by CareyBot

Gloria Nelson and her mother, Linda Mitchell, rented a single-family house from Bertha McGee. The tenants paid a $2,500 cash security deposit to McGee. Local city ordinance requires landlords to place tenant security deposits into a segregated interest-bearing account, which ...