trust funds | firsttuesday Journal

DRE Bulletin Digest Summer 2021

by ft Editorial Staff | Sep 7, 2021 | Licensing and Education, Real Estate | 0

A review of the Summer 2021 DRE Real Estate Bulletin.

DRE Hot Seat: Making substantial misrepresentations constitutes dishonesty

by Amy Perry | Aug 30, 2021 | Laws and Regulations, Property Management, Real Estate, Your Practice | 0

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who made substantial misrepresentations to his clients, mishandled a trust account, and more.

Brokerage Reminder: Disbursement of funds when a transaction fails

by ft Editorial Staff | Jun 23, 2020 | Brokerage Reminder, Fundamentals, Real Estate | 3

Keep yourself informed about the rules surrounding disbursement of funds held in escrow after a failed transaction.

Brokerage Reminder: Trust fund(amentals)

by ft Editorial Staff | Jun 8, 2020 | Brokerage Reminder, Fundamentals, Real Estate | 2

Brush up on the basics of trust fund rules and regulations.

Maintaining Trust Account Integrity

by ft Editorial Staff | Dec 31, 2019 | Real Estate, Video | 0

A broker’s detailed records which track their receipt and disbursement of trust funds

Trust Account Management

by ft Editorial Staff | Dec 24, 2019 | Feature Articles, Features, Real Estate, Video | 0

Management of trust funds deposited into a non-interest bearing trust account

Advance Fees are Trust Funds

by ft Editorial Staff | Dec 10, 2019 | Real Estate, Video | 0

The proper handling of broker fees deposited with the broker before they are earned

Advance Costs are Trust Funds

by ft Editorial Staff | Dec 4, 2019 | Real Estate, Video | 0

The proper handling of costs advanced by a seller to a broker to market their property and acquire property reports

DRE Hot Seat: TD Holdings I Inc.

by Benjamin J. Smith | Sep 25, 2018 | Real Estate, Your Practice | 1

This article is part of an ongoing series covering violations of real estate law. Here, a corporation deposited trust funds improperly and late — and was fined by the DRE.

Summer 2018 DRE Real Estate Bulletin Digest

by Benjamin J. Smith | Aug 20, 2018 | Licensing and Education, Real Estate | 0

A review of the Summer 2018 DRE Real Estate Bulletin.

Insurance may cover wrongful trust fund takings by unlicensed employees

by Benjamin J. Smith | Nov 20, 2017 | New Laws, Real Estate | 0

Brokers may now obtain insurance to cover wrongful acts committed by unlicensed employees.

Summer 2017 CalBRE Real Estate Bulletin Digest

by Giang Hoang-Burdette | Sep 18, 2017 | Feature Articles, Licensing and Education, Real Estate, Your Practice | 0

Catch up on the newest CalBRE Real Estate Bulletin for Summer 2017.

Fall 2016 CalBRE Real Estate Bulletin

by Giang Hoang-Burdette | Nov 15, 2016 | Real Estate | 0

This quarter, CalBRE reports on its audit, licensing, disciplinary and administrative activities during 2015-2016.

Spring 2016 CalBRE Real Estate Bulletin: Building a stronger industry

by Giang Hoang-Burdette | Mar 21, 2016 | Feature Articles, Licensing and Education | 0

The Spring 2016California Bureau of Real Estate (CalBRE) Real Estate Bulletin focuses on licensing standards, trust fund accounting mistakes and due diligence on common interest developments (CIDs) deals.

The property management agreement – authority to operate rental property

by ft Editorial Staff | Oct 30, 2015 | Forms, Real Estate | 0

Form-of-the-Week: Property Management Agreement – Form 590 Short-form vs. long-form property...

Surety bond deductibles for unlicensed trust fund handlers

by Amy Thomas | Oct 16, 2015 | Laws and Regulations, New Laws, Real Estate | 0

Surety bond coverage required for a broker or corporate officer to authorize unlicensed employees to make withdrawals from trust accounts may now include a maximum 5% deductible.