Practice Of Real EstateTrust AccountsMEDIUM
NH trust accounts must be:
Correct Answer
B) Separate escrow accounts subject to Commission audit
Separate trust accounts are required, subject to NH Real Estate Commission audit.
Answer Options
A
PersonalB
Separate escrow accounts subject to Commission auditC
Any accountD
Federal reserveWhy This Is the Correct Answer
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Why the Other Options Are Wrong
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Deep Analysis of This Practice Of Real Estate Question
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Background Knowledge for Practice Of Real Estate
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Related Topics & Key Terms
Related Topics:
comminglingconversion of fundsbroker fiduciary dutiesNH RSA 331-Aescrow
Key Terms:
trust accountescrowcomminglingNH Real Estate CommissionauditRSA 331-A
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