Are landlords required to send periodic statements to tenants re: the status of security deposits, informing them of such things as the name of the bank where the account is held, current balance, interest accrual, etc.?
Also, I was reminded of the above because I had received a W-9 from an unknown bank. When I called the bank to inquire it became clear that it was related to my security deposit. There had been no notification from the landlord so I inquired and had that confirmed.
LL said I should fill out the W-9 and return it to them to be forwarded to the bank, because "their [the bank's] taxation department needs that copy for their records."
Is that an unusual request? I don't recall being sent a W-9 before. My SSN is already shown on the form. What I'm asked to do is confirm that the SSN is correct and that I'm a U.S. citizen, indicate whether I'm an individual,corporation, partnership, etc. and whether or not I'm subject to backup withholding, and sign and date it.
Thanks.