Brokerage Reminder: Disbursement of funds when a transaction fails
Keep yourself informed about the rules surrounding disbursement of funds held in escrow after a failed transaction.
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Tag: trust funds
Brokerage Reminder: Trust fund(amentals)
Brush up on the basics of trust fund rules and regulations.
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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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Trust Account Management
Management of trust funds deposited into a non-interest bearing trust account
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Advance Fees are Trust Funds
The proper handling of broker fees deposited with the broker before they are earned
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Advance Costs are Trust Funds
The proper handling of costs advanced by a seller to a broker to market their property and acquire property reports
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DRE Hot Seat: TD Holdings I Inc.
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.
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Summer 2018 DRE Real Estate Bulletin Digest
A review of the Summer 2018 DRE Real Estate Bulletin.
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Insurance may cover wrongful trust fund takings by unlicensed employees
Brokers may now obtain insurance to cover wrongful acts committed by unlicensed employees.
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Summer 2017 CalBRE Real Estate Bulletin Digest
Catch up on the newest CalBRE Real Estate Bulletin for Summer 2017.
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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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Spring 2016 CalBRE Real Estate Bulletin: Building a stronger industry
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.
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The property management agreement – authority to operate rental property
Form-of-the-Week: Property Management Agreement – Form 590 Short-form vs. long-form property...
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Surety bond deductibles for unlicensed trust fund handlers
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.
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