Which of the Following Statements About Security Deposits Is False

question 15

Multiple Choice

Which of the following statements about security deposits is false?

• A)Security deposit laws generally require landlords to provide tenants with a written accounting of their security deposits and any portions being withheld.
• B)Local law dictates when a landlord must provide accounting for a security deposit.
• C)The landlord's failure to comply with the law on security deposits may cause the landlord to experience adverse consequences,which vary state by state.
• D)Most states require the security deposit to be in an interest-bearing account when the tenancy term is more than three years.

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