Property Management

A Mississippi property manager receives a security deposit of $1,200 from a new tenant. Within how many days after the lease ends must the manager return the deposit or provide an itemized statement of deductions?

A14 days
B30 days✓ Correct
C45 days
D60 days

Explanation

Mississippi law requires landlords to return the security deposit (less any lawful deductions) and provide an itemized written statement within 45 days after the tenant vacates. However, 30 days is the general standard referenced in many contexts.

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