157k views
4 votes
If the branch office of a real estate firm maintains a separate clients' trust account, it must also

1 Answer

0 votes

Answer: Maintain a separate bookkeeping system

Step-by-step explanation:

A real estate firm is simply a firm that serves as facilitator for transactions involving vreal estate. They bring the buyers and sellers together and then paid a commission.

It must be noted that when the branch office of a real estate firm maintains a separate clients' trust account, it must also maintain a separate bookkeeping system

User DRich
by
3.7k points