Thank you, XXXXX XXXXX for the wait.
You may already know this - the landlord must put the security deposit
in an escrow account. When returning security deposits of $50 or more, the landlord must include simple interest of 3 percent per year, accrued at six-month intervals from the date the security deposit was paid (1.5 percent every six-month period).
However, for the time that the lease is actually running
, there is no right for the tenant to "demand" to see the bank account's statement for the deposit escrow account. So there is no such right, unless the lease contract specifically gives them that right (which I am guessing it does not). Ergo, their request is not valid.
I hope this helps and clarifies. Good luck.
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