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Section: Questions   Category: Money Matters
TAGS:deposit  rental  ribbis
Money Matters - Accrued Interest from a Deposit
Submitted by Pinchas  Answered by Rav Yehonoson Hool
Question:
Answer: The property manager merely passes on your payments. However, if the landlord is Jewish, it is forbidden to take any interest form him, especially if it was fixed and agreed beforehand that he would pay it. You should inform the landlord that you cannot accept the interest. If he sends it anyway, in this case you need not return it.
posted:2009-05-05 12:12:21