Roles and responsibilities of the real estate personnel

Explain the roles and responsibilities of the real estate personnel regarding the trust account activities listed below. (e.g. who can and cannot perform these functions).

  • Receipting rent from a tenant
  • Ending of month disbursement of funds to the landlord
  • Receipting deposit from a purchase
  • Problems with the trust account
  • Issue a cheque for the balance of funds at settlement of a property.