Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Don't know
Know
remaining cards
Save
0:01
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Trust Accounts

Entry Level RE Trust Account Issue

QuestionAnswer
Client Funds all down-payments, advanced fees, earnest money deposits or other money related to a conveyance of re that is received by a broker, salesperson or time share salesperson on behalf of the broker's salesperson's or time-share salesperson's principal etc.
Earnest Money up-front cash or item of value from the potential buyer which indicates their intention to make good on his/her offer to purchase.
Interest Bearing Real Estate Trust Account (IBRETA) for the deposit of all down payments, earnest money and other trust funds received by the broker and related to the conveyance of real estate.
Real Estate Trust Funds (REIT) is a corporation, trust, or association that invests directly in income-producing real estate and is traded like a stock.
Created by: bunkiebaby