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

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Accepted Answer

Deposits must be kept in a trust account at a Washington financial institution or licensed escrow agent. Unless otherwise agreed in writing, the landlord keeps any interest earned. The landlord must give a receipt and the depository's name and address. Source: RCW 59.18.270 (https://app.leg.wa.gov/RCW/default.aspx?cite=59.18.270), last checked 2026-10-15.

Washington Interest on deposits

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

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