Property Management
A Connecticut residential property manager must hold tenant security deposits in:
AThe property manager's personal bank account
BA commingled trust account for all managed properties
CA separate interest-bearing escrow account, with interest paid to the tenant✓ Correct
DAny bank account of the manager's choosing
Explanation
Connecticut law requires that security deposits be held in a separate interest-bearing escrow account. The interest belongs to the tenant and must be paid at the end of the tenancy along with the return of the deposit.
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