Real Estate Math
A North Dakota property manager receives a $3,600 security deposit from a tenant. Upon move-out, the manager documents $1,200 in damages. How much must be returned to the tenant within the required 30 days?
A$0
B$1,200
C$2,400✓ Correct
D$3,600
Explanation
Amount to return = Security deposit − Documented damages = $3,600 − $1,200 = $2,400, along with an itemized statement of deductions.
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