Property Management
A Montana property manager who receives a security deposit must provide the tenant with:
AA receipt and information about where the deposit is held✓ Correct
BOnly a verbal confirmation of receipt
CAn itemized list of potential deductions at move-in
DNothing—deposit documentation is optional
Explanation
Best practices and Montana law require that landlords provide tenants with written documentation about security deposits, including receipt of the deposit and information about where and how it is held. A move-in inspection checklist documenting the unit's condition at the start of tenancy is essential for proper deposit administration.
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