The Real Estate Encyclopedia
What Is A Trust Account?
Category - Real Estate Information Sources - General Real Estate Information

Property managers or landlords are required to maintain escrow or trust accounts in which security deposits are placed.  Laws vary by state, but usually these accounts must be separate from business and personal accounts.  The tenants are usually informed of the bank and the account number where their security deposits are located.  State laws also regulate the disbursement of security deposits. 

 
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Home Ownership Questions - Lease & Renting FAQ's
Real Estate Information Sources - General Real Estate Information
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