Can Raleigh Property Management Companies Earn Interest on Tenant's Security Deposits

Yes, under specific conditions.  If Raleigh Realtors are managing a property for the Landlord, he may place the Tenant's security deposit in an interest-bearing account IF he has both the Tenant's and the Landlord's written permission to do so.  If the Tenant's lease authorizes the Raleigh real estate agent  to place the Tenant's deposit in an interest-bearing account, the authorization in the lease must be stated in a clear and conspicuous manner.  The interest may be paid to the Tenant, to the Landlord, or the the agent, depending upon the Tenant's agreement with the Landlord.