Property Management
A West Virginia commercial property manager who collects a large security deposit from a new tenant should:
ADeposit it in the operating account for easy access
BHold it in a separate escrow or trust account per fiduciary duties and the management agreement✓ Correct
CInvest it in short-term securities for additional yield
DForward it immediately to the property owner
Explanation
Security deposits must be held in a separate escrow or trust account to protect the tenant's funds and meet fiduciary obligations. Commingling with operating funds or forwarding without proper documentation violates management duties.
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