Property Management
A Missouri property manager who fails to deposit security deposits in a separate trust account is in violation of:
AOnly the management agreement
BMissouri landlord-tenant law and MREC regulations✓ Correct
COnly the Fair Housing Act
DOnly the lease agreement
Explanation
Missouri landlord-tenant law and MREC regulations require that security deposits be held in a separate escrow or trust account, not commingled with operating funds.
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