Property Management
Under Connecticut landlord-tenant law, a landlord must return a security deposit within how many days after the tenant vacates?
A15 days
B21 days
C30 days✓ Correct
D45 days
Explanation
Connecticut law requires landlords to return security deposits within 30 days of the tenant vacating the premises (or 15 days after receiving the tenant's forwarding address, whichever is later), along with an itemized list of deductions.
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Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
State-Specific Concepts
DRE Regulation
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