Pennsylvania Interest on deposits

Does a landlord have to pay interest on a security deposit in Pennsylvania?

From the 25th month of occupancy, a deposit over $100 must be held in an interest-bearing account (unless the landlord is bonded). The tenant gets the interest, minus a 1% landlord fee, at the end of the third and each later year. The landlord must tell the tenant in writing the bank's name and address.

Verified Source: 68 P.S. §§ 250.511a(c), 250.511b(a) (Act § 511.2) · last checked 2026-10-23