Lease Security Deposit Question

Q.  Can we the tenants estimate the interest amounts due us and subtract it from the rent or use it towards the increase in the security deposit with the renewal of the next lease?
A.  Yes, according to David A. Kaminsky, a Manhattan lawyer, you should write your landlord saying you want the interest paid annually and if it isn’t paid you will apply the amount to any additional security or rent you owe at the time your lease is renewed.

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