Property Management
Security deposits collected in Delaware must be:
ADeposited in the property manager's personal account
BKept in a separate escrow account and not commingled with operating funds✓ Correct
CRemitted to the Delaware Real Estate Commission
DInvested in money market accounts at the property manager's discretion
Explanation
Delaware law requires security deposits to be held in a separate escrow account, segregated from operating funds, to protect tenant funds.
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