Property Management
Under NJ's Security Deposit Law, a landlord of a residential property with more than two units must return the security deposit within how many days after the tenancy ends?
A15 days
B30 days
C45 days✓ Correct
D60 days
Explanation
Under the NJ Security Deposit Law (N.J.S.A. 46:8-21.1), a landlord must return the security deposit, with an itemized statement of any deductions, within 30 days after the tenant vacates (extended to 5 days for certain disasters). The standard is 30 days.
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