In Many States Rental Deposits Are to Be Kept in a Bank

question 215

True/False

In many states rental deposits are to be kept in a bank account separate from the landlord's general funds.

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Definitions:

Pay Scales

A structure of job positions and salaries within an organization, often determined by experience, education, and responsibility level.

Felony

A category of serious crimes that often carry a penalty of imprisonment for more than one year or death.

Common Law

A legal system characterized by judicial decisions that are considered as binding or precedent, alongside statutes and regulations, primarily in England and countries influenced by English law.

Civil Law

A legal system based on written laws or codes, as opposed to common law, which is based on precedent decisions by courts.