Are There Any Security Deposit Holding Requirements in Maine?

This question is about Maine Security Deposit Law

Maine landlords only have to provide a receipt for security deposits if the tenant requests them, though it is recommended to do so in all cases. All held funds must be kept in a financial institution which may commingle multiple security deposits from a single landlord’s properties. A tenant can request the account information at any time.

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The information for this answer was found on our Maine Security Deposit Law answers.