Property Management
A Montana property manager who collects rents and security deposits must:
ADeposit these funds into the broker's operating account
BHold all tenant funds in a separate trust account✓ Correct
CPay these funds directly to the property owner immediately
DHold funds personally without any account requirements
Explanation
Montana law requires property managers and brokers to hold tenant funds—rents, security deposits, and other client money—in a separate trust account, segregated from the manager's own funds.
Related Montana Property Management Questions
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