23 – AUDITING FACTS – BROKER TRUST ACCOUNTS – Property Management 101

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What are the minimum requirements applicable to each broker’s trust account? In accordance with A.R.S. § 32-2151.B, the minimum requirements for a broker’s trust account include: Monies shall be used only for the purpose for which the monies were deposited. A complete record of all monies received in connection with a real estate transaction in […]

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