Which Kentucky rule applies when a management or escrow account is used?
Correct Answer
B) The agreement and lease must contain the bank name, address, and account number for the escrow or management account
201 KAR 11:121 Section 10 requires bank and account information in both the agreement and lease. Source basis: 201 KAR 11:121 Section 10 and KRS 324.111, Kentucky Legislative Research Commission official sources: property management agreements, ledgers, deposit timing, escrow/management accounts, and property-management account records; checked 2026-04-30.
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