Cincinnati’s New Security Deposit Rules Explained

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As we have previously posted, Cincinnati recently became the first city in the nation to require landlords to accept so-called security deposit insurance in lieu of an actual security deposit.  On a recent episode of Neil Cavuto’s Coast to Coast, National REIA’s Charles Tassell discusses Cincinnati’s new rental deposit law and how it is very similar to a pay-day loan – which could ultimately end up doing more harm than good.  Click on the image below to watch the interview.

Click on the image above to watch the interview

 

Click here to watch on FOXBusiness.com.

 

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Director of Education & Outreach, National Real Estate Investors Association

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