Small Business Banking
Private Client Group
Personal Financial Services
For the quickest answer, search previously asked questions below. Chances are, others have asked a similar question and there's already an answer waiting for you. If you can't find a match, ask a new question and our team members will answer.
How or what is the process to open a landlord account to hold the renters security deposit?
Isabel, Mount Ephraim
January 26, 2015 07:34:56 PM
1 person recommended this |
In reply to Isabel, Mount Ephraim
Thanks for stopping by TD Helps with your question, Isabel!
A rental security deposit account is a type of Escrow account, which is used by landlords who are renting properties with long term tenants.
To open a Landlord/Tenant account, you're welcome to visit us at any TD Store. Please note that the Tenant does not have to be present at the opening of the account. If the Tenant is to be responsible for the taxes, please bring a completed W-9 form to the account opening. Here is a copy of the W-9 form: http://1.usa.gov/1gkV6oH, which can be printed and filled out ahead of time. When you visit one of our Stores, you also need to present valid identification, as well as copy of the Lease. Please click here: http://bit.ly/TDStores to find a list of TD Bank locations and hours you can visit to begin the account.
Hope this helps you, Isabel! Thanks for choosing TD and we look forward to seeing you there!
Kristen P, Mount Laurel
January 26, 2015 07:36:57 PM
1 person recommended this