Property Management
In Maine, a property manager who collects rent on behalf of a building owner must hold those funds:
AIn the property manager's personal account
BIn a separate trust or escrow account✓ Correct
CIn the owner's personal account
DIn the property manager's operating account
Explanation
Maine law requires property managers to hold client funds (rent, security deposits) in a separate trust or escrow account, keeping them segregated from the manager's own funds.
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