Word: escrowed
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...passes, even if tenants disappear, the landlords can access their accrued rents in the escrow account...
However, tenants argue that the bill would take away their voice in court, since it requires tenants to have the rent in the escrow account--before they can take their landlords to court on code violation charges...
Tenants point out that a landlord could suddenly raise the rent should the tenant claim a code violation. Under SB 541, until the tenant funneled this heightened rent into the escrow account, the tenant's case would not be heard...
...will have to escrow not the contracted rent, but what the landlord wants," he says...
Guild, a Boston artist, says she believes her right to trial--without an escrow fund to back her up--is the only reason she still has an apartment...