Property Management
A Colorado property manager who also acts as a licensed real estate broker must keep rental management trust accounts:
ACombined with the real estate sales trust account for efficiency
BSeparate from the real estate sales trust account✓ Correct
CAt a national bank only
DOnly if required by the property owner
Explanation
Colorado Commission rules require that property management trust accounts be kept separate from real estate sales trust accounts. Commingling between different types of client trust funds is prohibited.
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