A landlord needs to account for the tenant security deposit at the end of a tenancy. The landlord A) must provide a final written account to the tenant within 45 days of the termination of tenancy B) may provide an interim written account within 30 days of the termination of the tenancy if property damage estimates are still being obtained C) may withhold the entire tenant security deposits for up to 90 days after the termination of the tenancy while property damage estimates are being obtained D) must deduct the estimated cost of repair for damages and refund the balance of the tenant security deposit within 30 days of the termination of the tenancy

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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A landlord needs to account for the tenant security deposit at the end of a tenancy. The landlord A) must provide a final
written account to the tenant within 45 days of the termination of tenancy B) may provide an interim written account
within 30 days of the termination of the tenancy if property damage estimates are still being obtained C) may withhold
the entire tenant security deposits for up to 90 days after the termination of the tenancy while property damage
estimates are being obtained D) must deduct the estimated cost of repair for damages and refund the balance of the
tenant security deposit within 30 days of the termination of the tenancy
Transcribed Image Text:A landlord needs to account for the tenant security deposit at the end of a tenancy. The landlord A) must provide a final written account to the tenant within 45 days of the termination of tenancy B) may provide an interim written account within 30 days of the termination of the tenancy if property damage estimates are still being obtained C) may withhold the entire tenant security deposits for up to 90 days after the termination of the tenancy while property damage estimates are being obtained D) must deduct the estimated cost of repair for damages and refund the balance of the tenant security deposit within 30 days of the termination of the tenancy
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