Brokerage Reminder: Trust fund(amentals)
Brush up on the basics of trust fund rules and regulations.
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Tag: trust fund handling
DRE Hot Seat: Sitseefly, Inc.
This article is part of an ongoing series covering violations of real estate law. Here, a corporation refused to cooperate with the DRE’s audit request.
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Maintaining Trust Account Integrity
A broker’s detailed records which track their receipt and disbursement of trust funds
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Fall 2019 DRE Bulletin Digest
A review of the Fall 2019 DRE Real Estate Bulletin.
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Fall 2016 CalBRE Real Estate Bulletin
This quarter, CalBRE reports on its audit, licensing, disciplinary and administrative activities during 2015-2016.
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Purchase option enforceable when made compliant with Subdivision Map Act (SMA)
A buyer entered into a purchase option agreement for raw land with a trust granting the buyer a five-year option to purchase up to seven acres…
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Broker management of trust fund account placement
These regulations define a real estate broker’s proper handling of trust funds for his client DRE...
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Bankruptcy court recovers investor’s assets held in trust vestings
To avoid creditors, an investor funded two trusts, naming his daughter as the sole beneficiary of...
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