INTERNAL PROTOTYPE โ€” NOT LEGAL ADVICE โ€” DO NOT SEND

Sec. 47a-21

Citation
Sec. 47a-21 (i)
Parent Document
Conn. Gen. Stat. ยง 47a-21
Jurisdiction
Connecticut (state)
Effective Date
2024-01-01

Full Text

1,093 chars
(i) of this section. If at the time of transfer of such real estate the funds in such account are commingled with security deposits paid by tenants in real estate not being transferred to such successor, and if at such time the funds in such account are less than the amount of security deposits paid by all tenants whose security deposits are contained in such account, such landlord shall deliver to such successor a pro rata share of security deposits paid by tenants of the real estate being transferred to such successor. (B) Whenever any real estate is transferred from a receiver to a successor, such receiver shall dispose of the escrow accounts as ordered by the court which appointed such receiver. The order of such court shall provide for the priority of the present and future rights of tenants to security deposits paid by them over the rights of any secured or unsecured creditor of any person and shall provide that the funds in such account shall be delivered to the successor of such receiver for immediate deposit in an escrow account for tenants who paid security deposits.