Property Management

In Connecticut, who has priority in receiving a security deposit if the landlord sells the rental property?

AThe selling landlord
BThe tenant retains the right to their deposit; the buyer/new owner is responsible for returning it✓ Correct
CThe mortgage lender
DThe local housing authority

Explanation

When a Connecticut rental property is sold, the new owner assumes responsibility for returning tenant security deposits. The tenant's right to the deposit survives the transfer of ownership.

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