Property Management
A Wyoming property manager who receives a security deposit must provide the tenant with:
AA receipt for the deposit at the time it is received✓ Correct
BNothing in writing until the tenancy ends
CA copy of the lease only
DA written promise to return the deposit
Explanation
Best practice (and often required by Wyoming lease laws) is to provide a written receipt for security deposits. Good recordkeeping of deposits received protects both the tenant and the property manager.
Related Wyoming Property Management Questions
- A Wyoming property manager's duty to maintain the managed property in good repair arises from:
- Under Wyoming law, a landlord who wrongfully withholds a tenant's security deposit may be liable for:
- A Wyoming property manager who conducts move-in and move-out inspections with written documentation is:
- In Wyoming, the warranty of habitability in residential leases requires the landlord to:
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- A Wyoming property management agreement must specify:
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