Property Management
A Nebraska property manager receives a tenant's security deposit. Nebraska URLTA requires this money to be:
AKept in the manager's operating account
BHeld in a separate trust account✓ Correct
CTransferred to the property owner immediately
DPlaced in a savings account in the tenant's name
Explanation
Under Nebraska URLTA and NREC regulations, security deposits must be held in a separate trust account, segregated from operating funds. This protects tenants' deposits and ensures funds are available for return.
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